Exports of goods and services from the UK advanced 1 percent to an all-time high of GBP 53.38 billion in October 2018 from GBP 52.83 billion in the previous month. Exports of services rose 1.3 percent, and goods sales grew 0.8 percent boosted by exports of chemicals (11.6 percent), miscellaneous manufactures (2.5 percent) and food & live animals (1.5 percent). Among major trading partners, exports of goods to the EU went up 3 percent, as sales increased mainly to Germany (4.2 percent), the Netherlands (12.5 percent), France (8.9 percent) and Ireland (1.4 percent). By contrast, sales to non-EU countries fell 1.1 percent, namely to Hong Kong (-10.6 percent), the UAE (-9.1 percent), Switzerland (-4.3 percent), Canada (-30.2 percent), Turkey (-17.7 percent) and Australia (-11.2 percent). Exports were higher for the US (13.1 percent), China (5.7 percent), Japan (8.2 percent), South Korea (14.6 percent) and India (3.2 percent). Exports in the United Kingdom averaged 24037.19 GBP Million from 1955 until 2018, reaching an all time high of 53383 GBP Million in October of 2018 and a record low of 962 GBP Million in June of 1955.

Exports in the United Kingdom is expected to be 55100.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in the United Kingdom to stand at 56200.00 in 12 months time. In the long-term, the United Kingdom Exports is projected to trend around 57700.00 GBP Million in 2020, according to our econometric models.

United Kingdom Exports
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United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -3300.00 -2331.00 2946.00 -5749.00 GBP Million [+]
Current Account -20317.00 -15692.00 2654.00 -32163.00 GBP Million [+]
Current Account to GDP -4.10 -5.80 2.60 -5.80 percent [+]
Imports 56683.00 55165.00 57009.00 1031.00 GBP Million [+]
Exports 53383.00 52834.00 53383.00 962.00 GBP Million [+]
External Debt 6382913.00 6412914.00 6428718.00 565439.00 GBP Million [+]
Capital Flows 13843.00 3074.00 42878.00 -15043.00 GBP Million [+]
Foreign Direct Investment 22199.00 -3896.00 82539.00 -44536.00 GBP Million [+]
Gold Reserves 310.30 310.30 588.27 310.25 Tonnes [+]
Crude Oil Production 842.00 915.00 2821.00 1.00 BBL/D/1K [+]
Terrorism Index 5.10 5.08 5.68 4.19 [+]
Tourism Revenues 2008.00 2013.00 3014.00 126.00 GBP Million [+]
Tourist Arrivals 3234.00 3469.00 4043.00 540.00 Thousand [+]
Weapons Sales 1214.00 1365.00 6069.00 744.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



United Kingdom Exports

UK's trade is measured through both imports and exports of goods and services. In 2017, exports of goods accounted for 55 percent of total exports, mainly: mechanical machinery (14 percent of total exports); cars (10 percent); electrical machinery (8 percent); medicinal and pharmaceutical products (8 percent); crude oil (6 percent); aircraft (5 percent); other miscellaneous manufactures (5 percent); scientific and photographic (4 percent); and refined oil (3 percent). Main goods export partners were: the United States (14 percent of total exports); Germany (11 percent); France (8 percent); the Netherlands and Ireland (6 percent each); China (5 percent); Belgium & Luxembourg (4 percent); and Italy and Spain (3 percent each). Services accounted for 45 percent of total exports, mainly professional, scientific and technical activities; followed by the information and communication services. This page provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Exports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53383.00 52834.00 53383.00 962.00 1955 - 2018 GBP Million Monthly




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