Overview In August 2021 Portsmouth exported £95.4M and imported £20.5M, resulting in a positive trade balance of £74.9M. Between August 2020 and August 2021 the exports of Portsmouth have increased by $86.5M (967%) from £8.94M to £95.4M, while imports increased by £5.63M (37.9%) from £14.8M to £20.5M.
Trade In August 2021, the top exports of Portsmouth were Aircraft Parts (£25.9M), Crustaceans (£5.36M), Recreational Boats (£2.7M), Non-fillet Fresh Fish (£2.54M), and Cheese (£2.16M). In August 2021 the top imports of Portsmouth were Bananas (£8.76M), Plywood (£3.57M), Recreational Boats (£1.92M), Cassava (£1.12M), and Flavored Water (£882k).
Destinations In August 2021, Portsmouth exported mostly to France (£52.8M), Spain (£26.3M), Barbados (£2.13M), Portugal (£1.95M), and Ireland (£1.47M), and imported mostly from China (£3.65M), Dominican Republic (£2.89M), Colombia (£2.68M), Morocco (£2.28M), and Ghana (£2.27M).
Growth In August 2021, the increase in Portsmouth's year-by-year exports was explained primarily by an increase in exports to Barbados (£624k or 41.5%), Morocco (£534k or 428%), and Saint Kitts and Nevis (£455k or 302%), and product exports increase in Processed Crustaceans (£1.7M or 30.2k%), Cheese (£1.49M or 222%), and Packaged Medicaments (£1.3M or 274%). In August 2021, the increase in Portsmouth's year-by-year imports was explained primarily by an increase in imports from Colombia (£289k or 12.1%), Cameroon (£273k or 16.7%), and Senegal (£221k or 56.4%), and product imports increase in Cassava (£364k or 47.9%), Tropical Fruits (£267k or 167%), and Non-Knit Women's Suits (£198k or 102%).