Exports of goods and services from the UK grew 4.5 percent from a month earlier to GBP 55.41 billion in June 2019, the most since October 2016. Shipments of goods surged 7.6%, driven by machinery & transport equipment (0.2 percent); chemicals (16.2%); material manufactures (0.3%); food & live animals (1.5%); animals & vegetable oils and fats (19.4%) and beverages & tobacco (3.9%). In contrast, those of fuels declined (-21.4%). Meanwhile, exports of services increased 0.6%. Among major trading partners, goods exports to non-EU countries jumped 17.8 percent, mostly to China (110.2%), Hong Kong (47.9%), the UAE (83.4%), India (21.3%), Japan (1.3%) and South Korea (22.2%). Conversely, declines were registered in shipments to the US (-1.5%), Switzerland (-1.6%), Singapore (-11.1%) and Turkey (-16.7%). Exports to the EU fell 3.3 percent, in particular to the Netherlands (-17.8%) and Belgium (-2.8%), but rose to Germany (0.7%), France (0.5%), Ireland (5.4%), Italy (2.2%) and Spain (6.7%). Exports in the United Kingdom averaged 24588.90 GBP Million from 1955 until 2019, reaching an all time high of 55669 GBP Million in March of 2019 and a record low of 962 GBP Million in June of 1955.

Exports in the United Kingdom is expected to be 55200.00 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 1779.00 -2002.00 2946.00 -7026.00 GBP Million [+]
Current Account -30045.00 -23707.00 2654.00 -32163.00 GBP Million [+]
Current Account to GDP -3.90 -3.30 2.60 -5.20 percent [+]
Imports 53630.00 56705.00 62200.00 1031.00 GBP Million [+]
Exports 55409.00 53039.00 55669.00 962.00 GBP Million [+]
External Debt 6432146.00 6621492.00 6621492.00 565439.00 GBP Million [+]
Capital Flows 16784.00 34972.00 40569.00 -15043.00 GBP Million [+]
Foreign Direct Investment -15010.00 15947.00 82539.00 -44536.00 GBP Million [+]
Gold Reserves 310.30 310.30 588.27 310.25 Tonnes [+]
Crude Oil Production 1082.00 1123.00 2821.00 1.00 BBL/D/1K [+]
Terrorism Index 5.61 5.10 5.68 4.19 [+]
Tourism Revenues 1650.00 1150.00 3014.00 126.00 GBP Million [+]
Tourist Arrivals 2940.00 2200.00 4043.00 540.00 Thousand [+]
Goods Trade Balance -7009.00 -10695.00 775.00 -15897.00 GBP Million [+]
Weapons Sales 741.00 1235.00 5966.00 741.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55409.00 53039.00 55669.00 962.00 1955 - 2019 GBP Million Monthly




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