United Kingdom Exports

Exports of goods and services from the UK rose 0.4 percent from a month earlier to an all-time high of GBP 53.95 billion in November 2018, boosted by an 0.2 percent increase in sales of services while goods exports fell 0.3 percent. Within goods, decreases were recorded in exports of fuels (-9.4 percent), chemicals (-6.4 percent) and miscellaneous manufactures (-3.8 percent); while gains were seen in sales of material manufactures (5.1 percent), food & live animals (3.9 percent) and machinery & transport equipment (0.6 percent). Among major trading partners, exports of goods to the EU fell 1 percent, as sales decreased mainly to Germany (-3.4 percent), the Netherlands (-19.3 percent) and Italy (-1.6 percent). By contrast, sales to non-EU countries went up 0.4 percent, namely to Switzerland (44.4 percent), Hong Kong (16.2 percent) and Japan (1.4 percent). Exports were lower to the US (-3.5 percent) and China (-7.4 percent). Exports in the United Kingdom averaged 24147.08 GBP Million from 1955 until 2018, reaching an all time high of 53952 GBP Million in November 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.

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United Kingdom Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-2904.00	-3037.00	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	56856.00	56785.00	57009.00	1031.00	GBP Million	[+]
Exports	53952.00	53748.00	53952.00	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	5.10	5.08	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 January of 2019.