Milford

Overview In January 2024 Milford exported £388M and imported £1.29B, resulting in a negative trade balance of £904M. Between January 2023 and January 2024 the exports of Milford have decreased by $-59.4M (-13.3%) from £448M to £388M, while imports decreased by £-636M (-33%) from £1.93B to £1.29B.

Trade In January 2024, the top exports of Milford were Refined Petroleum (£328M), Gas Turbines (£5.49M), Precious Metal Compounds (£3.46M), Essential Oils (£3.32M), and Vaccines, blood, antisera, toxins and cultures (£3M). In January 2024 the top imports of Milford were Petroleum Gas (£597M), Crude Petroleum (£407M), Refined Petroleum (£240M), Biodiesel and mixtures thereof (£12.5M), and Bovine Meat (£5.63M).

Destinations In January 2024, Milford exported mostly to Ireland (£192M), United States (£115M), Morocco (£51.6M), Spain (£18.4M), and Netherlands (£6.9M), and imported mostly from United States (£737M), Norway (£136M), Angola (£104M), Kuwait (£97.6M), and Libya (£91.2M).

Growth In January 2024, the decrease in Milford's year-by-year exports was explained primarily by an decrease in exports to United States (£-38.5M or -20.5%), Colombia (£-21.4M or -45.3%), and Netherlands (£-8.78M or -22.2%), and product exports decrease in Refined Petroleum (£-94.2M or -19.3%), Toilet Paper (£-580k or -37.7%), and Scented Mixtures (£-288k or -85.3%). In January 2024, the decrease in Milford's year-by-year imports was explained primarily by an decrease in imports from Qatar (£-187M or -36.7%), Peru (£-147M or -46.3%), and Netherlands (£-28M or -49.7%), and product imports decrease in Petroleum Gas (£-372M or -16.8%), Biodiesel and mixtures thereof (£-58.6M or -68%), and Frozen Bovine Meat (£-5.18M or -85%).