Exports of goods and services from the UK surged 10.2 percent to an all-time high of GBP 64.35 billion in December 2019. Goods shipments surged 17.4 percent to a record on the back of sales of precious metals (40.6 percent) and organic chemicals (53 percent). Conversely, declines were recorded in sales of mechanical appliances, motor vehicles, mineral fuels, electronic equipment and pharmaceutical products. Exports to the EU jumped 10.6 percent led by sales to Germany (9.3 percent), the Netherlands (5.3 percent), France (13.0 percent), Ireland (13.9 percent), Belgium (16.2 percent), Spain (15.2 percent) and Italy (5.3 percent). Exports to non-EU countries surged 22 percent despite a 4.2 percent decline in sales to the US. Exports rose to China (62.6 percent), Switzerland (53.7 percent), the UAE (73.2 percent) and Turkey (60.1 percent).
Exports in the United Kingdom averaged 25404.10 GBP Million from 1955 until 2019, reaching an all time high of 64345 GBP Million in December of 2019 and a record low of 962 GBP Million in June of 1955. This page provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Office for National Statistics
Exports in the United Kingdom is expected to be 59900.00 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 62750.00 in 12 months time. In the long-term, the United Kingdom Exports is projected to trend around 58700.00 GBP Million in 2021, according to our econometric models.