United Kingdom

ECON COMPLEXITY (2018)

1.49

RANK 13 OF 137

PRODUCT EXPORTS (2018)

$464B

RANK 9 OF 222

EXPORTS PER CAPITA (2018)

$6.98K

RANK 150 OF 219

PRODUCT IMPORTS (2018)

$651B

RANK 6 OF 221

IMPORTS PER CAPITA (2018)

$9.8K

RANK 135 of 219

SERVICE EXPORTS (2017)

$352B

RANK 2 OF 139

SERVICE IMPORTS (2017)

$211B

RANK 4 OF 139

GDP (2018)

$2.86T

CURRENT US$
RANK 5 OF 196

GDP GROWTH (2008-2018)

-2.31%

CURRENT US$
RANK 171 OF 196

GDP PC (2018)

$42,944

CURRENT US$
RANK 22 OF 196

GDP PC GROWTH (2008-2018)

-9.18%

CURRENT US$
RANK 168 OF 196

Overview: This page contains the latest international trade data for United Kingdom, including service trade data. In 2018 United Kingdom was the number 5 economy in the world in terms of GDP (current US$), the number 9 in total exports, the number 6 in total imports, and the number 13 most complex economy according to the Economic Complexity Index (ECI). In 2018, United Kingdom exported $464B and imported $651B, resulting in a negative trade balance of -$187B. In 2018, United Kingdom’s exports per capita were $6.98k and its imports per capita were $9.8k.

Trade: The top exports of United Kingdom are Cars ($43.4B), Crude Petroleum ($26.4B), Gold ($25.8B), Gas Turbines ($23.5B), and Packaged Medicaments ($19.3B). The top imports of United Kingdom are Cars ($48.5B), Gold ($25.4B), Crude Petroleum ($24.9B), Refined Petroleum ($24.2B), and Packaged Medicaments ($17B).

Destinations: United Kingdom exports mostly to United States($61.9B), Germany ($45.5B), Netherlands ($33.3B), France ($29.7B), and Ireland ($27.4B), and imports mostly from Germany ($93.4B), China ($59.8B), Netherlands ($50.7B), United States ($48.8B), and France ($38.1B).

Location: United Kingdom borders Ireland by land and by sea.

Exports

In 2018 United Kingdom exported a total of $464B, making it the number 9 exporter in the world. During the last five reported years the exports of United Kingdom have changed by $10.7B from $453B in 2013 to $464B in 2018.

The most recent exports are led by Cars ($43.4B), Crude Petroleum ($26.4B), Gold ($25.8B), Gas Turbines ($23.5B), and Packaged Medicaments ($19.3B).

Imports

In 2018 United Kingdom imported $651B, making it the number 6 trade destination in the world. During the last five reported years the imports of United Kingdom changed by $18.8B from $632B in 2013 to $651B in 2018.

The most recent imports of United Kingdom are led by Cars ($48.5B), Gold ($25.4B), Crude Petroleum ($24.9B), Refined Petroleum ($24.2B), and Packaged Medicaments ($17B).

Trade Balance

As of 2018 the United Kingdom had a negative trade balance of $222B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $31.6B in net imports..

Destinations

The most common destination for the exports of United Kingdom are United States ($61.9B), Germany ($45.5B), Netherlands ($33.3B), France ($29.7B), and Ireland ($27.4B).

Origins

The most common import partners for United Kingdom are Germany ($93.4B), China ($59.8B), Netherlands ($50.7B), United States ($48.8B), and France ($38.1B).