Low Value Trade | The Observatory of Economic Complexity

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Overview This page contains the latest international trade data for Low Value Trade. In January 2024 Low Value Trade was the number 14 in total exports and the number 19 in total imports in United Kingdom.

Exports In 2023, United Kingdom's Low Value Trade exported £6.16B, making it the 14th largest exporter out of the 123 exporters in United Kingdom. In 2023 the top exports of Low Value Trade were Commodities not specified according to kind (£7.28B).

Imports In 2023, United Kingdom's Low Value Trade imported £6.97B, making it the 19th largest importer out of the 123 importers in United Kingdom. In 2023 top imports of Low Value Trade were Commodities not specified according to kind (£8.59B).

Latest Trends

January, 2024

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Overview In January 2024 Low Value Trade exported £460M and imported £786M, resulting in a negative trade balance of £326M. Between January 2023 and January 2024 the exports of Low Value Trade have increased by $22.1M (5.05%) from £438M to £460M, while imports increased by £161M (25.8%) from £625M to £786M.

Trade In January 2024, the top exports of Low Value Trade were Commodities not elsewhere specified (£460M). In January 2024 the top imports of Low Value Trade were Commodities not elsewhere specified (£786M).

Destinations In January 2024, Low Value Trade exported mostly to Rest of the world (£460M), and imported mostly from Rest of the world (£786M).