Precious Metal Compounds in   United Kingdom

Overview In January 2024 United Kingdom's Precious Metal Compounds exports accounted up to £49.7M and imports accounted up to £2.87M, resulting in a positive trade balance of £46.8M. Between January 2023 and January 2024 the exports of United Kingdom's   Precious Metal Compounds have decreased by £-61.2M (-55.2%) from £111M to £49.7M, while imports increased by £1.32M (85.2%) from £1.55M to £2.87M.

Destinations In January 2024, Precious Metal Compounds were exported mostly to France (£13.4M), North Macedonia (£8.25M), Malaysia (£5.81M), Germany (£4.6M), and Ireland (£3.48M), and were imported mostly from Ireland (£1.52M), United States (£412k), Germany (£404k), Switzerland (£357k), and China (£53.9k).

Growth In January 2024, the decrease in Precious Metal Compounds's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-11.8M or -96.8%), China (£-5.57M or -97.6%), and North Macedonia (£-4.47M or -16.7%). In January 2024, the increase in Precious Metal Compounds's year-by-year imports was explained primarily by an increase in imports from Ireland (£596k or 253%), Italy (£39.1k or 211%), and Colombia (£4.72k or 7.69%).