Cardiff

Overview In January 2024 Cardiff exported £4.15M and imported £17M, resulting in a negative trade balance of £12.9M. Between January 2023 and January 2024 the exports of Cardiff have decreased by $-7.18M (-63.4%) from £11.3M to £4.15M, while imports increased by £3.52M (26%) from £13.5M to £17M.

Trade In January 2024, the top exports of Cardiff were Silicone (£2.92M) and Scrap Iron (£1.23M). In January 2024 the top imports of Cardiff were Refined Petroleum (£4.19M), Coke (£4.08M), Commodities not elsewhere specified (£3.22M), Scrap Iron (£2.77M), and Iron Blocks (£1.64M).

Destinations In January 2024, Cardiff exported mostly to Belgium (£2.92M) and Portugal (£1.23M), and imported mostly from Belgium (£5.45M), Netherlands (£4.62M), United States (£4.19M), Turkey (£1.66M), and Latvia (£868k).

Growth In January 2024, the decrease in Cardiff's year-by-year exports was explained primarily by an decrease in exports to Belgium (£-8.23M or -47.9%), and product exports decrease in Silicone (£-280k or -3.04%). In January 2024, the increase in Cardiff's year-by-year imports was explained primarily by an increase in imports from Norway (£1.28M or 101%), and product imports increase in Other Small Iron Pipes (£5.25M or 1.39k%), Iron Blocks (£330k or 16.2%), and Wood Stakes (£22.6k or 13%).