Manchester

Overview In January 2024 Manchester exported £826k and imported £58.4M, resulting in a negative trade balance of £57.6M. Between January 2023 and January 2024 the exports of Manchester have decreased by $-7.68M (-90.3%) from £8.5M to £826k, while imports increased by £32.5M (125%) from £26M to £58.4M.

Trade In January 2024, the top exports of Manchester were Low-voltage Protection Equipment (£167k), Insulated Wire (£155k), Iron Pipes (£94k), Valves (£68.4k), and Optical Fibers and optical fibre bundles (£64.8k). In January 2024 the top imports of Manchester were Refined Petroleum (£30.4M), Petroleum Coke (£9.06M), Coal Tar Oil (£5.84M), Commodities not elsewhere specified (£3.19M), and Sodium or Potassium Peroxides (£1.66M).

Destinations In January 2024, Manchester exported mostly to Germany (£232k), Brazil (£207k), Ireland (£65.5k), United States (£47.5k), and Norway (£47k), and imported mostly from Netherlands (£26.1M), Sweden (£11.7M), Belgium (£8.69M), United States (£3.19M), and Trinidad and Tobago (£2.57M).

Growth In January 2024, the decrease in Manchester's year-by-year exports was explained primarily by an decrease in exports to Germany (£-1.08M or -96.1%), United States (£-605k or -86.3%), and Singapore (£-279k or -97.2%), and product exports decrease in Other Measuring Instruments (£-599k or -96.5%), Other Office Machines (£-549k or -90.3%), and Other Stone Articles (£-341k or -96.1%). In January 2024, the increase in Manchester's year-by-year imports was explained primarily by an increase in imports from Belgium (£5.62M or 15.8k%), Germany (£2.36M or 290%), and Netherlands (£2.35M or 1.99k%), and product imports increase in Commodities not elsewhere specified (£2.8M or 12.8k%), Refined Petroleum (£2.53M or 173k%), and Knit Socks and Hosiery (£450k or 220%).