Exports of goods and services from the UK increased 1.1 percent from a month earlier to an all-time high of GBP 59.84 billion in November 2019. Goods shipments rose 2.2 percent, boosted by sales of unspecified goods including non-monetary gold (614.5 percent), and fuels (12.5 percent). By contrast, there were declines in exports of chemicals (-11.5 percent), material manufactures (-8.9 percent), machinery & transport equipment (-6.6 percent), and miscellaneous manufactures (-8.6 percent). Meanwhile, services exports fell 0.2 percent. Exports to countries outside the EU jumped 13.9 percent, supported by sales to China (66.2 percent), Switzerland (80.6 percent), Turkey (39.1 percent), and Singapore (4.6 percent). Still, exports were lower to the US (-12.0 percent), Hong Kong (-6.0 percent) and Japan (-7.7 percent). Exports to the EU dropped 10.9 percent, led by Germany (-8.1 percent), the Netherlands (-8.0 percent), France (-10.6 percent), and Ireland (-16.9 percent). Exports in the United Kingdom averaged 25322.90 GBP Million from 1955 until 2019, reaching an all time high of 59835 GBP Million in November of 2019 and a record low of 962 GBP Million in June of 1955. 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 2020, according to our econometric models.

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United Kingdom Exports

Actual Previous Highest Lowest Dates Unit Frequency
59835.00 59192.00 59835.00 962.00 1955 - 2019 GBP Million Monthly


News Stream
2019-12-10
UK Exports Hit Record High
Exports of goods and services from the UK increased 0.8% from a month earlier to an all-time high of GBP 58.94 billion in October 2019, following a 0.6% advance in September. Sales of goods rose 1.8% on the back of chemicals (1.9%), material manufactures (4.0%), machinery & transport equipment (1.4%), and miscellaneous manufactures (7.9%). Still, fuel exports slumped 11.7%. Exports of services, on the other hand, dropped 0.2%. Goods exports to the EU rose 5.7%, in particular to Germany (5.7%), France (4.5%), the Netherlands (8.2%), Ireland (10.2%), Belgium (13.9%), Spain (2.3%), Italy (5.9%), Sweden (11.5%) and Denmark (14.8%). Exports to non-EU countries went down 1.5%, mostly to China (-9.1%), Hong Kong (-10.4%), Switzerland (-11.5%), Canada (-10.1%), Singapore (-12.3%) and Norway (-10.0%). On the other hand, increases were seen in exports to the US (8.3%), the UAE (7.3%), Japan (8.9%), Australia (25.9%), Turkey (2.3%), India (21.0%), Saudi Arabia (41.5%) and South Korea (6.1%).

2019-11-11
UK Exports Rise 1.1% MoM in September
Exports of goods and services from the UK increased 1.1 percent from a month earlier to GBP 55.59 billion in September 2019, after a revised 0.3 percent drop in August. Exports of goods advanced 1.2 percent, boosted by shipments of machinery & transport equipment (2.1 percent); chemicals (5.7 percent); fuels (11.2 percent); food (6.7 percent) and beverages & tobacco (4.3 percent). In contrast, overseas sales decreased for material manufactures (-4.7 percent) and miscellaneous manufactures (-4.2 percent). Also, exports of services grew 1.0 percent. Among major trading partners, goods exports to the EU increased 2.2 percent, mostly to Germany (2.0 percent); Ireland (6.2 percent) and Belgium (8.3 percent). Meanwhile, shipments to non-EU countries grew only 0.8 percent, as higher sales to the US (1.3 percent), the UAE (24.5 percent) and Canada (17.7 percent) were partly offset by decreases in the ones to China (-2.6 percent), Hong Kong (-13.2 percent) and Switzerland (-10 percent).

2019-10-10
UK Exports Rise 0.9% Led by Services
Exports of goods and services from the UK increased 0.9 percent from a month earlier to GBP 55.49 billion in August 2019, following a 3.0 percent jump in July. Exports of services rose 2.6 percent, while sales of goods fell 0.5 percent, dragged by fuels (-15.4 percent), chemicals (-8.9 percent) and crude materials (-1.9 percent). Meanwhile, increases were seen in exports of food (4.6 percent), machinery & transport equipment (2.3 percent), material manufactures (5.0 percent) and miscellaneous manufactures (5.5 percent). Among major trading partners, goods exports to the EU dropped 2.1 percent, in particular to Germany (-1.8 percent), Ireland (-1.4 percent), Italy (-5 percent) and Poland (-4.8 percent). Exports to non-EU countries went up 0.9 percent, mostly to China (13.1 percent), Switzerland (35.4 percent), Hong Kong (12 percent), Singapore (5.9 percent) and Canada (23.2 percent).

2019-09-09
UK Exports Rise 2.5% MoM in July
Exports of goods and services from the UK increased 2.5 percent from a month earlier to GBP 55.08 billion in July 2019, after a downwardly revised 1.9 percent rise in June. Shipments of goods grew 3.5 percent to GBP 31.05 billion, boosted by machinery & transport equipment (1.5 percent); chemicals (8.2 percent); miscellaneous manufactures (6.6 percent); fuels (3.8 percent). However, overseas sales fell for animal & vegetable oils & fats (-10.2 percent); crude materials (-0.2 percent) and beverages & tobacco (-3.9 percent). On the other hand, exports of services rose 1.3 percent, the most in eight months, after a 0.6 percent rise in June. Among major trading partners, goods exports to non-EU countries surged 5.2 percent and those to the EU rose 1.5 percent.

2019-08-09
UK Exports Rise the Most since 2016
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%).

2019-07-10
UK Exports Rebound 2.4% in May
Exports of goods and services from the UK surged 2.4 percent from a month earlier to GBP 54.38 billion in May 2019, recovering from a 4.6 percent drop in April. Sales of goods advanced 3.5 percent, boosted by machinery & transport equipment (7.9 percent), fuels (6.5 percent), material manufactures (5.1 percent), and miscellaneous manufactures (5.2 percent); while sales of chemicals plunged 11.8 percent. In addition, exports of services rose 1.1 percent. Among major trading partners, goods exports to the EU jumped 8 percent, mostly to Germany (7.9 percent), the Netherlands (17.7 percent), and Belgium (23.7 percent). By contrast, sales fell to France (-1.1 percent), Ireland (-2.1 percent), Spain (-1.2 percent), and Sweden (-8.6 percent). Exports to non-EU countries dropped 0.5 percent, in particular to the US (-2.3 percent), China (-6.6 percent), Japan (-0.7 percent), Singapore (-6.8 percent), and Canada (-11.3 percent).


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.

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade 4031.00 -1337.00 4031.00 -8145.00 GBP Million [+]
Current Account -15860.00 -24152.00 2668.00 -37392.00 GBP Million [+]
Current Account to GDP -4.30 -3.50 2.60 -5.20 percent [+]
Imports 55804.00 60529.00 65001.00 1031.00 GBP Million [+]
Exports 59835.00 59192.00 59835.00 962.00 GBP Million [+]
External Debt 6940251.00 6692718.00 6940251.00 565439.00 GBP Million [+]
Capital Flows 35873.00 20873.00 40826.00 -12724.00 GBP Million [+]
Foreign Direct Investment 15164.00 25425.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 1044.00 960.00 2821.00 1.00 BBL/D/1K [+]
Terrorism Index 5.41 5.61 5.68 4.19 [+]
Tourism Revenues 2390.00 3120.00 3120.00 126.00 GBP Million [+]
Tourist Arrivals 3140.00 4120.00 4120.00 540.00 Thousand [+]
Goods Trade Balance -5256.00 -10947.00 775.00 -16867.00 GBP Million [+]
Weapons Sales 741.00 1235.00 5966.00 741.00 USD Million [+]

United Kingdom Exports by Country Last Previous
European Union 13439.00 15109.00 GBP Million Nov/19
United Kingdom Exports by Category Last Previous
Non-eu 16748.27 18741.28 GBP Million Nov/19
Oil 2972.00 2658.00 GBP Million Nov/19
Crude Oil 1883.00 1518.00 GBP Million Nov/19
Pharmaceutical Products 1653.72 2269.25 GBP Million Nov/19
Aircraft, Spacecraft & Related Parts 1216.45 1208.32 GBP Million Nov/19
Oil Excluding Crude Oil 1089.00 1140.00 GBP Million Nov/19
Extra EU - Pharmaceutical Products 1019.34 1307.33 GBP Million Nov/19
Organic Chemicals 741.19 705.21 GBP Million Nov/19
Plastics & Plastic Products 695.59 859.94 GBP Million Nov/19
Beverages, Spirits & Vinegar 637.59 845.44 GBP Million Nov/19
Intra EU - Pharmaceutical Products 634.38 961.92 GBP Million Nov/19
Intra EU - Plastics & Plastic Products 457.62 600.53 GBP Million Nov/19
Extra EU - Organic Chemicals 418.98 420.29 GBP Million Nov/19
Miscellaneous Chemical Products 417.23 464.87 GBP Million Nov/19
Essential Oils & Resinoids Prepared 384.89 456.40 GBP Million Nov/19
Extra EU - Beverages, Spirits & Vinegar 383.80 507.24 GBP Million Nov/19
Articles of Iron & Steel 366.43 416.22 GBP Million Nov/19
Intra EU - Organic Chemicals 322.21 284.92 GBP Million Nov/19
Intra EU - Beverages, Spirits & Vinegar 253.79 338.21 GBP Million Nov/19
Extra EU - Plastics & Plastic Products 237.97 259.41 GBP Million Nov/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category