Insights for United Kingdom

MoM insights: In the month-on-month analysis, imports from the United States saw the highest increase with a trade value of 8.06B, reflecting a significant rise of 3.42B (73.59%). Canada followed with a trade value of 3.09B, increasing by 959.94M (45.16%). China also contributed with 6.12B, up by 766.39M (14.32%). On the lower end, Uzbekistan experienced a drastic decline with a trade value of 350.83K, down by 880.9M (-99.96%). Switzerland's imports decreased to 2.48B, down by 573.79M (-18.80%), and South Africa saw a drop to 1.05B, down by 243.1M (-18.78%). In terms of exports, Switzerland led with 1.95B, increasing by 1.53B (360.77%). Azerbaijan followed with 780.31M, up by 744.93M (21.06%). The United States also saw a rise to 4.42B, increasing by 743.51M (20.22%). Conversely, Hong Kong's exports fell to 898.22M, down by 999.87M (-52.68%). Oman saw a decrease to 49.26M, down by 610.75M (-92.54%), and Canada’s exports dropped to 463.18M, down by 183.1M (-28.31%).

YoY insights: In the year-on-year analysis, imports from the United States reached 8.06B, up by 2.37B (41.74%). Canada also saw an increase to 3.09B, up by 1.06B (52.18%). The rest of the world contributed 1.76B, increasing by 394.36M (28.83%). On the downside, Kazakhstan's imports fell to 160.43M, down by 1.8B (-91.82%). Switzerland's imports decreased to 2.48B, down by 1.04B (-29.48%), and Uzbekistan's imports plummeted to 350.83K, down by 674.56M (-99.99%). For exports, Qatar led with 1.92B, increasing by 1.79B (1433.61%). Switzerland followed with 1.95B, up by 1.48B (315.83%). India also saw a rise to 1.09B, increasing by 678.21M (165.83%). On the lower end, exports to China fell to 2.42B, down by 2.36B (-49.42%). The Netherlands saw a decrease to 2.1B, down by 249.65M (-10.61%), and the United States' exports dropped to 4.42B, down by 234.87M (-5.05%).