Overview: In January 2021 Prestwick Airport exported £46.1M and imported £103M, resulting in a negative trade balance of £56.6M. Between January 2020 and January 2021 the exports of Prestwick Airport have decreased by $-59.5M (-56.4%) from £106M to £46.1M, while imports increased by £21.4M (26.3%) from £81.3M to £103M.
Trade: In January 2021, the top exports of Prestwick Airport were Gas Turbines (£39.6M), Machines and apparatus of a kind... (£748k), Medical Instruments (£691k), Thermostats (£562k), and Surveying Equipment (£546k). In January 2021 the top imports of Prestwick Airport were Gas Turbines (£85.6M), Aircraft Parts (£11.3M), Electrical Transformers (£1.5M), Washing and Bottling Machines (£845k), and Trailers (£787k).
Destinations: In January 2021, Prestwick Airport exported mostly to Qatar (£15.5M), United Arab Emirates (£14.6M), China (£7.95M), Malaysia (£2.47M), and United States (£1.59M), and imported mostly from Ethiopia (£36.3M), United States (£30.8M), United Arab Emirates (£15M), Hong Kong (£10.8M), and South Korea (£7.53M).
Growth: In January 2021, the decrease in Prestwick Airport's year-by-year exports was explained primarily by an decrease in exports to United States (£-11.4M or -87.8%), and product exports decrease in Gas Turbines (£-53.4M or -57.4%), Other Iron Products (£-10.4M or -99.5%), and Trailers (£-151k or -98.6%). In January 2021, the increase in Prestwick Airport's year-by-year imports was explained primarily by an increase in imports from Hong Kong (£2.75M or 34.2%), and product imports increase in Gas Turbines (£14.2M or 19.8%), Aircraft Parts (£3.69M or 48.4%), and Trailers (£226k or 40.4%).