Overview: In April 2021 Southampton exported £2.02B and imported £2.49B, resulting in a negative trade balance of £475M. Between April 2020 and April 2021 the exports of Southampton have increased by $1.17B (139%) from £845M to £2.02B, while imports increased by £974M (64.1%) from £1.52B to £2.49B.
Trade: In April 2021, the top exports of Southampton were Cars (£962M), Refined Petroleum (£133M), Silver (£62.5M), Fork-Lifts (£48.8M), and Recreational Boats (£44.1M). In April 2021 the top imports of Southampton were Crude Petroleum (£271M), Delivery Trucks (£169M), Silver (£95M), Other Furniture (£66.5M), and Vehicle Parts (£51.1M).
Destinations: In April 2021, Southampton exported mostly to United States (£636M), China (£385M), Canada (£118M), South Korea (£72.5M), and Australia (£67.6M), and imported mostly from China (£992M), United States (£197M), Japan (£165M), Turkey (£113M), and World (£111M).
Growth: In April 2021, the increase in Southampton's year-by-year exports was explained primarily by an increase in exports to United States (£438M or 221%), China (£209M or 118%), and Canada (£98.4M or 491%), and product exports increase in Cars (£803M or 502%), Refined Petroleum (£104M or 350%), and Silver (£62.5M or 2.43M%). In April 2021, the increase in Southampton's year-by-year imports was explained primarily by an increase in imports from China (£498M or 101%), Turkey (£93.8M or 489%), and South Africa (£89M or 743%), and product imports increase in Crude Petroleum (£153M or 129%), Delivery Trucks (£144M or 583%), and Silver (£85.2M or 871%).