Immingham

Overview In January 2024 Immingham exported £1.05B and imported £3.07B, resulting in a negative trade balance of £2.02B. Between January 2023 and January 2024 the exports of Immingham have decreased by $-243M (-18.8%) from £1.29B to £1.05B, while imports increased by £348M (12.7%) from £2.73B to £3.07B.

Trade In January 2024, the top exports of Immingham were Refined Petroleum (£139M), Cars (£116M), Coal Tar Oil (£62.1M), Commodities not elsewhere specified (£50.9M), and Stainless Steel Ingots (£38.6M). In January 2024 the top imports of Immingham were Cars (£617M), Crude Petroleum (£161M), Refined Petroleum (£127M), Delivery Trucks (£108M), and Tractors (£89.4M).

Destinations In January 2024, Immingham exported mostly to Netherlands (£236M), Sweden (£189M), Germany (£132M), Belgium (£94.1M), and Denmark (£78.1M), and imported mostly from Germany (£771M), Netherlands (£563M), Sweden (£302M), Belgium (£262M), and United States (£250M).

Growth In January 2024, the decrease in Immingham's year-by-year exports was explained primarily by an decrease in exports to Nigeria (£-25.2M or -50.6%), China (£-19.1M or -92.9%), and France (£-6.4M or -13.7%), and product exports decrease in Gas Turbines (£-23.9M or -38.9%), Refined Petroleum (£-20M or -9.08%), and Acyclic Hydrocarbons (£-11.4M or -75.6%). In January 2024, the increase in Immingham's year-by-year imports was explained primarily by an increase in imports from Belgium (£254M or 632%), Germany (£210M or 54.9%), and Netherlands (£163M or 40.1%), and product imports increase in Cars (£188M or 143%), Delivery Trucks (£115M or 488%), and Tractors (£68.1M or 266%).