Portsmouth

Overview In July 2024 Portsmouth exported £272M and imported £361M, resulting in a negative trade balance of £89.3M. Between July 2023 and July 2024 the exports of Portsmouth have increased by $11.9M (4.59%) from £260M to £272M, while imports increased by £62.3M (20.9%) from £299M to £361M.

Trade In July 2024, the top exports of Portsmouth were Gas Turbines (£138M), Commodities not elsewhere specified (£16.9M), Aircraft parts including unmanned craft (£13M), Other Engines (£8.64M), and Crustaceans (£5.52M). In July 2024 the top imports of Portsmouth were Electric Batteries (£46.9M), Commodities not elsewhere specified (£24.7M), Gas Turbines (£21.2M), Delivery Trucks (£14.7M), and Wine (£14.3M).

Destinations In July 2024, Portsmouth exported mostly to France (£196M), Spain (£34.3M), Netherlands (£12.7M), Denmark (£8.07M), and Barbados (£3.59M), and imported mostly from France (£138M), Spain (£121M), China (£43.9M), Germany (£14M), and Portugal (£11.1M).

Growth In July 2024, the increase in Portsmouth's year-by-year exports was explained primarily by an increase in exports to France (£58.6M or 42.8%), Netherlands (£12.5M or 9.34k%), and Denmark (£7.98M or 8.06k%), and product exports increase in Commodities not elsewhere specified (£13.1M or 347%), Aircraft parts including unmanned craft (£4.93M or 60.9%), and Other Engines (£2.88M or 49.9%). In July 2024, the increase in Portsmouth's year-by-year imports was explained primarily by an increase in imports from China (£41.5M or 1.67k%), Germany (£10.2M or 274%), and Spain (£3.97M or 3.4%), and product imports increase in Electric Batteries (£46.6M or 16.7k%), Commodities not elsewhere specified (£7.6M or 44.5%), and Delivery Trucks (£6.19M or 72.9%).