Tyne

Overview In February 2024 Tyne exported £135M and imported £289M, resulting in a negative trade balance of £155M. Between February 2022 and February 2024 the exports of Tyne have increased by $28.6M (26.9%) from £106M to £135M, while imports increased by £44.4M (18.1%) from £245M to £289M.

Trade In February 2024, the top exports of Tyne were Flexible Metal Tubing (£41M), Cars (£19.6M), Iron Structures (£18.5M), Gas Turbines (£7.09M), and Scrap Iron (£6.64M). In February 2024 the top imports of Tyne were Cars (£176M), Iron Structures (£22.1M), Electric Batteries (£17.9M), Fuel Wood (£14.6M), and Large Construction Vehicles (£9.04M).

Destinations In February 2024, Tyne exported mostly to Brazil (£41M), Belgium (£18.4M), Portugal (£13.6M), Netherlands (£12.3M), and Spain (£9.82M), and imported mostly from Germany (£128M), Spain (£44.1M), Japan (£30.6M), Belgium (£18.5M), and Netherlands (£14.9M).

Growth In February 2024, the increase in Tyne's year-by-year exports was explained primarily by an increase in exports to Belgium (£17.7M or 2.59k%), Spain (£9.43M or 2.38k%), and United States (£5.73M or 493%), and product exports increase in Flexible Metal Tubing (£39.2M or 2.15k%), Cars (£19.6M or 1.79M%), and Iron Structures (£18M or 4.28k%). In February 2024, the increase in Tyne's year-by-year imports was explained primarily by an increase in imports from Spain (£18.9M or 75.2%), Belgium (£16.6M or 841%), and United States (£4.76M or 873%), and product imports increase in Iron Structures (£21.1M or 1.95k%), Cars (£18.8M or 12%), and Cement Articles (£2.23M or 9.26k%).