Overview: In January 2021 Milford exported £148M and imported £359M, resulting in a negative trade balance of £212M. Between January 2020 and January 2021 the exports of Milford have decreased by $-7.85M (-5.05%) from £155M to £148M, while imports decreased by £-281M (-43.9%) from £640M to £359M.
Trade: In January 2021, the top exports of Milford were Refined Petroleum (£136M), Horses (£1.19M), Raw Nickel (£1.16M), Toilet Paper (£1.05M), and Plastic Lids (£734k). In January 2021 the top imports of Milford were Crude Petroleum (£169M), Petroleum Gas (£95.7M), and Refined Petroleum (£94.9M).
Destinations: In January 2021, Milford exported mostly to Ireland (£65.5M), United States (£57.1M), Morocco (£9.85M), Malta (£9.53M), and Netherlands (£5.57M), and imported mostly from United States (£183M), Saudi Arabia (£77.1M), Cote d'Ivoire (£34.1M), Libya (£32.8M), and Russia (£14.4M).
Growth: In January 2021, the decrease in Milford's year-by-year exports was explained primarily by an decrease in exports to United States (£-53.8M or -48.5%), and product exports decrease in Refined Petroleum (£-19.8M or -12.8%). In January 2021, the decrease in Milford's year-by-year imports was explained primarily by an decrease in imports from United States (£-63.8M or -25.8%) and Libya (£-17.9M or -35.3%), and product imports decrease in Crude Petroleum (£-194M or -53.4%) and Petroleum Gas (£-115M or -54.5%).