Immingham

Overview In August 2024 Immingham exported £1.63B and imported £2.97B, resulting in a negative trade balance of £1.34B. Between August 2023 and August 2024 the exports of Immingham have increased by $601M (58.3%) from £1.03B to £1.63B, while imports decreased by £-183M (-5.8%) from £3.15B to £2.97B.

Trade In August 2024, the top exports of Immingham were Gas Turbines (£329M), Refined Petroleum (£136M), Cars (£111M), Packaged Medicaments (£78.8M), and Commodities not elsewhere specified (£61.7M). In August 2024 the top imports of Immingham were Cars (£661M), Crude Petroleum (£137M), Refined Petroleum (£121M), Delivery Trucks (£71.3M), and Fuel Wood (£53.8M).

Destinations In August 2024, Immingham exported mostly to Netherlands (£324M), Germany (£211M), Sweden (£188M), Belgium (£187M), and Norway (£125M), and imported mostly from Germany (£777M), Netherlands (£556M), Belgium (£279M), Sweden (£238M), and United States (£221M).

Growth In August 2024, the increase in Immingham's year-by-year exports was explained primarily by an increase in exports to Netherlands (£154M or 90.7%), Germany (£84.6M or 67.2%), and Canada (£58.1M or 1.57k%), and product exports increase in Gas Turbines (£326M or 12.8k%), Packaged Medicaments (£78.1M or 11.9k%), and Cars (£38.2M or 52.8%). In August 2024, the decrease in Immingham's year-by-year imports was explained primarily by an decrease in imports from Norway (£-61.7M or -45.5%), Netherlands (£-57M or -9.3%), and Italy (£-36.4M or -49.9%), and product imports decrease in Crude Petroleum (£-54.1M or -28.3%), Tractors (£-42.3M or -59.7%), and Delivery Trucks (£-24.3M or -25.4%).