Newcastle Airport

Overview In January 2024 Newcastle Airport exported £41.3M and imported £9.76M, resulting in a positive trade balance of £31.6M. Between January 2023 and January 2024 the exports of Newcastle Airport have decreased by $-4.85M (-10.5%) from £46.2M to £41.3M, while imports decreased by £-2.05M (-17.4%) from £11.8M to £9.76M.

Trade In January 2024, the top exports of Newcastle Airport were Packaged Medicaments (£29.5M), Vaccines, blood, antisera, toxins and cultures (£1.54M), Nucleic Acids (£1.4M), Laboratory Reagents (£916k), and Vegetable Alkaloids (£701k). In January 2024 the top imports of Newcastle Airport were Nitrogen Heterocyclic Compounds (£2.04M), Integrated Circuits (£1.56M), Chemical Analysis Instruments (£766k), Motor vehicles; parts and accessories (8701... (£566k), and Ketones and Quinones (£456k).

Destinations In January 2024, Newcastle Airport exported mostly to China (£9.85M), Saudi Arabia (£8.08M), United States (£7.17M), Indonesia (£6.61M), and Mexico (£2.11M), and imported mostly from South Korea (£2.06M), China (£938k), Japan (£932k), Germany (£890k), and Malaysia (£885k).

Growth In January 2024, the decrease in Newcastle Airport's year-by-year exports was explained primarily by an decrease in exports to China (£-10.9M or -61.6%), Indonesia (£-4.15M or -88.9%), and Mexico (£-3.85M or -79.1%), and product exports decrease in Packaged Medicaments (£-16.7M or -38.8%), Commodities not elsewhere specified (£-414k or -91.7%), and Unsaturated Acyclic Monocarboxylic Acids (£-287k or -80.6%). In January 2024, the decrease in Newcastle Airport's year-by-year imports was explained primarily by an decrease in imports from United States (£-6.28M or -95.2%), United Arab Emirates (£-166k or -97.7%), and Thailand (£-102k or -99%), and product imports decrease in Packaged Medicaments (£-5.66M or -99.4%), Electrical Transformers (£-539k or -89.9%), and Electric Batteries (£-492k or -96.9%).