London

Overview In January 2024 London exported £207M and imported £2.34B, resulting in a negative trade balance of £2.14B. Between January 2023 and January 2024 the exports of London have increased by $38.2M (22.6%) from £169M to £207M, while imports increased by £662M (39.3%) from £1.68B to £2.34B.

Trade In January 2024, the top exports of London were Commodities not elsewhere specified (£36.6M), Planes, Helicopters, and/or Spacecraft (£25.5M), Scrap Iron (£17.5M), Cars (£16.9M), and Medical Instruments (£6.04M). In January 2024 the top imports of London were Refined Petroleum (£648M), Cars (£250M), Delivery Trucks (£117M), Motor vehicles; parts and accessories (8701... (£47.4M), and Wine (£45.9M).

Destinations In January 2024, London exported mostly to France (£38.4M), Brazil (£29.1M), Belgium (£23.9M), Germany (£14.6M), and United States (£14.4M), and imported mostly from Belgium (£378M), Germany (£286M), Netherlands (£240M), United States (£178M), and Spain (£145M).

Growth In January 2024, the increase in London's year-by-year exports was explained primarily by an increase in exports to Singapore (£25.3M or 58.1k%), India (£8.49M or 23.4k%), and United States (£6.34M or 131%), and product exports increase in Gas Turbines (£22.8M or 1.05k%), Packaged Medicaments (£5.93M or 4.75k%), and Motor vehicles; parts and accessories (8701... (£4.08M or 178%). In January 2024, the increase in London's year-by-year imports was explained primarily by an increase in imports from Belgium (£113M or 60.1%), Italy (£46.2M or 56.8%), and Romania (£35.1M or 50.2%), and product imports increase in Cars (£51M or 18.8%), Tractors (£31M or 678%), and Motor vehicles; parts and accessories (8701... (£19.1M or 52%).