Tyne

Overview In June 2024 Tyne exported £531M and imported £326M, resulting in a positive trade balance of £206M. Between June 2023 and June 2024 the exports of Tyne have increased by $422M (386%) from £109M to £531M, while imports increased by £78.9M (32%) from £247M to £326M.

Trade In June 2024, the top exports of Tyne were Cars (£394M), Crude Petroleum (£42M), Gas Turbines (£17.6M), Flexible Metal Tubing (£13M), and Iron Structures (£6.04M). In June 2024 the top imports of Tyne were Cars (£126M), Fuel Wood (£30.5M), Iron Structures (£22.9M), Large Construction Vehicles (£16.4M), and Other Large Iron Pipes (£15.6M).

Destinations In June 2024, Tyne exported mostly to Netherlands (£107M), Turkey (£71M), Italy (£65.1M), Germany (£46.1M), and Spain (£45.6M), and imported mostly from Germany (£130M), Netherlands (£34.6M), China (£29.2M), Japan (£25.2M), and Spain (£19.5M).

Growth In June 2024, the increase in Tyne's year-by-year exports was explained primarily by an increase in exports to Netherlands (£84.2M or 370%), Turkey (£70.3M or 9.27k%), and Italy (£62.5M or 2.46k%), and product exports increase in Cars (£394M or 5.75M%), Gas Turbines (£15.7M or 857%), and Iron Structures (£5.84M or 2.89k%). In June 2024, the increase in Tyne's year-by-year imports was explained primarily by an increase in imports from Poland (£16.1M or 1.26k%), Netherlands (£14.7M or 73.8%), and Spain (£13.6M or 232%), and product imports increase in Fuel Wood (£15.6M or 104%), Other Large Iron Pipes (£15.6M or 78.6k%), and Machinery Having Individual Functions (£9.67M or 1.31k%).