Plymouth

Overview In January 2024 Plymouth exported £20.8M and imported £40.1M, resulting in a negative trade balance of £19.4M. Between January 2023 and January 2024 the exports of Plymouth have increased by $13.7M (192%) from £7.11M to £20.8M, while imports increased by £33.9M (547%) from £6.2M to £40.1M.

Trade In January 2024, the top exports of Plymouth were Machinery parts, not containing electrical connectors,... (£10.8M), Recreational Boats (£3.13M), Other Sea Vessels (£3M), Kaolin (£2.82M), and Fork-Lifts (£500k). In January 2024 the top imports of Plymouth were Refined Petroleum (£37.8M), Commodities not elsewhere specified (£1.21M), Other Vegetable Residues (£896k), Cars (£96.1k), and Knit Sweaters (£38.5k).

Destinations In January 2024, Plymouth exported mostly to France (£14.5M), Sweden (£2.41M), Turkey (£2.01M), Egypt (£809k), and Netherlands (£718k), and imported mostly from Netherlands (£26.5M), Ireland (£11.4M), Spain (£1.24M), Germany (£896k), and France (£181k).

Growth In January 2024, the increase in Plymouth's year-by-year exports was explained primarily by an increase in exports to Netherlands (£2.34M or 141%) and Sweden (£692k or 163%), and product exports increase in Recreational Boats (£1.38M or 49.8%). In January 2024, the increase in Plymouth's year-by-year imports was explained primarily by an increase in imports from Spain (£420k or 87.4%), and product imports increase in Commodities not elsewhere specified (£436k or 93.5%).