Exports of goods and services from the UK decreased 1 percent month-over-month to GBP 52.62 billion in December 2018, as sales of goods fell 2.3 percent while those of services increased 0.7 percent. Within goods commodities, declines were mostly seen in shipments of fuels (-16.5 percent); machinery & transport equipment (-2 percent) and chemicals (-2.9 percent). In contrast, there were rises in exports of material manufactures (1.4 percent); unspecified goods (37.1 percent) and crude materials (0.2 percent). Among major trading partners, exports of goods to non-EU countries tumbled 4.8 percent while the ones to the EU rose 0.4 percent. Exports in the United Kingdom averaged 24202.94 GBP Million from 1955 until 2018, reaching an all time high of 53200 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 54400.00 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 55500.00 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 -3229.00 -3615.00 2946.00 -5749.00 GBP Million [+]
Current Account -26522.00 -19954.00 2654.00 -32163.00 GBP Million [+]
Current Account to GDP -4.10 -5.80 2.60 -5.80 percent [+]
Imports 55852.00 56771.00 56917.00 1031.00 GBP Million [+]
Exports 52623.00 53156.00 53200.00 962.00 GBP Million [+]
External Debt 6301189.00 6382913.00 6428718.00 565439.00 GBP Million [+]
Capital Flows 33427.00 9872.00 42878.00 -15043.00 GBP Million [+]
Foreign Direct Investment 8525.00 30454.00 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 5.61 5.10 5.68 4.19 [+]
Tourism Revenues 1973.00 2757.00 3014.00 126.00 GBP Million [+]
Tourist Arrivals 3055.00 3849.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52623.00 53156.00 53200.00 962.00 1955 - 2018 GBP Million Monthly




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