Exports of goods and services from the UK went up 0.1 percent month-over-month to GBP 54.79 billion in February 2019 as higher sales of goods (0.3 percent) were partly offset by a decline in services (-0.1 percent). Biggest gains were reported for shipments of machinery & transport equipment (2.3 percent); chemicals (1.7 percent); food & live animals (1.4 percent) and beverages & tobacco (3.6 percent). Meantime, declines were seen in miscellaneous manufactures (-2 percent); fuels (-6.3 percent) and crude materials (-2.1 percent). Among major trading partners, exports of goods to the EU rose 1.8 percent, as shipments advanced mainly to Germany (4.4 percent), Belgium (2.5 percent) and Spain (7.4 percent). Meanwhile, exports to non-EU countries fell 1.2 percent as increase in shipments to China (4.3 percent) and Hong Kong (7.8 percent) was not enough to offset a drop to US (-5.1 percent), Norway (-22.5 percent), India (-15.7 percent). Exports in the United Kingdom averaged 24342.29 GBP Million from 1955 until 2019, reaching an all time high of 54791 GBP Million in February of 2019 and a record low of 962 GBP Million in June of 1955.

Exports in the United Kingdom is expected to be 54900.00 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 55900.00 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 -4860.00 -5345.00 2946.00 -5749.00 GBP Million [+]
Current Account -23707.00 -22988.00 2654.00 -32163.00 GBP Million [+]
Current Account to GDP -3.90 -3.30 2.60 -5.20 percent [+]
Imports 59651.00 60069.00 60069.00 1031.00 GBP Million [+]
Exports 54791.00 54724.00 54791.00 962.00 GBP Million [+]
External Debt 6621492.00 6301189.00 6621492.00 565439.00 GBP Million [+]
Capital Flows 34972.00 33427.00 42878.00 -15043.00 GBP Million [+]
Foreign Direct Investment 15947.00 8525.00 82539.00 -44536.00 GBP Million [+]
Gold Reserves 310.30 310.30 588.27 310.25 Tonnes [+]
Crude Oil Production 1085.71 924.00 2821.00 1.00 BBL/D/1K [+]
Terrorism Index 5.61 5.10 5.68 4.19 [+]
Tourism Revenues 1680.00 1610.00 3014.00 126.00 GBP Million [+]
Tourist Arrivals 2850.00 2940.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54791.00 54724.00 54791.00 962.00 1955 - 2019 GBP Million Monthly




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