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LOCATION

London Heathrow Airport

LHR

1st

IMPORT VALUE RANK 2016

£81B

IMPORT VALUE 2016

1st

EXPORT VALUE RANK 2016

£56B

EXPORT VALUE 2016

INDICATIVE PRICE

~ £3.00-5.00 per pallet

When it comes to industrial property, Heathrow and the area around it is like Mayfair on the Monopoly board.

Heathrow is the busiest airport in the United Kingdom, as well as the busiest airport in Europe by passenger traffic, and sixth busiest airport in the world by total passenger traffic. But it's not passenger traffic that makes Heathrow so expensive for warehouses, it's because of the volume of goods being imported through Heathrow. 90% of world international trade travels by sea, largely because it's the most economical way to do it. Air travel is not cheap, but it is quick so what you get is high value goods travel by air for just-in-time delivery. The result is that warehouses nearby international airports tend to be high quality, secure, fast-moving logistics operations. And none more so than at Heathrow. This is where the country's most valuable goods are moving through.

It should therefore come as ano surprise that all the big name logistics companies have bases around Heathrow. Specialist, high security warehouses, cross-docking and consolidation sites are the order of the day. Bulk and pallet storage is not economically viable and if it is required expect to see pallet storage >£5per week.

TOP 10 IMPORTED COMMODITIES BY VALUE 2016

Rank Description Total
1 Gold, non-monetary (excluding gold ores and concentrates) more info £42B
2 Aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof more info £5.7B
3 Telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76 more info £5.4B
4 Engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors more info £5B
5 Silver, platinum and other metals of the platinum group more info £1.9B
6 Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. more info £1.8B
7 Works of art, collectors' pieces and antiques more info £1.7B
8 Pearls and precious or semiprecious stones, unworked or worked more info £1.7B
9 Jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s. more info £1.3B
10 Medicaments (including veterinary medicaments) more info £1B

TOP 10 EXPORTED COMMODITIES BY VALUE 2016

Rank Description Total
1 Gold, non-monetary (excluding gold ores and concentrates) more info £12B
2 Engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors more info £6.3B
3 Aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof more info £3.4B
4 Works of art, collectors' pieces and antiques more info £3.3B
5 Medicinal and pharmaceutical products, other than medicaments of group 542 more info £3.1B
6 Medicaments (including veterinary medicaments) more info £2.8B
7 Jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s. more info £2.8B
8 Measuring, checking, analysing and controlling instruments and apparatus, n.e.s. more info £2.1B
9 Silver, platinum and other metals of the platinum group more info £1.9B
10 Telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76 more info £1.5B
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