Overview: In January 2021 Postal Packages exported £93.1M and imported £89.1M, resulting in a positive trade balance of £4.01M. Between January 2020 and January 2021 the exports of Postal Packages have increased by $43.5M (87.9%) from £49.5M to £93.1M, while imports increased by £27.3M (44.2%) from £61.8M to £89.1M.
Trade: In January 2021, the top exports of Postal Packages were Commodities not elsewhere specified (£93.1M). In January 2021 the top imports of Postal Packages were Commodities not elsewhere specified (£89.1M).
Destinations: In January 2021, Postal Packages exported mostly to Ireland (£24.8M), Germany (£10.5M), France (£9.61M), China (£7.95M), and Italy (£4.59M), and imported mostly from United States (£22.3M), China (£19.6M), Australia (£13.4M), Japan (£9.15M), and New Zealand (£2.85M).
Growth: In January 2021, the increase in Postal Packages's year-by-year exports was explained primarily by an increase in exports to Singapore (£735k or 230%), Israel (£32.7k or 45.8%), and Cambodia (£26k or 319%), and product exports increase in Commodities not elsewhere specified (£43.5M or 87.9%). In January 2021, the increase in Postal Packages's year-by-year imports was explained primarily by an increase in imports from United States (£9.2M or 70.2%), Australia (£8.01M or 148%), and China (£4.59M or 30.5%), and product imports increase in Commodities not elsewhere specified (£27.3M or 44.2%).