United Kingdom Imports

Imports of goods and services to the UK went up 2.8 percent month-over-month to an all-time high of GBP 58.49 billion in January 2019 as companies were storing supplies ahead of exit from the European Union. Purchases of goods grew 3.8 percent driven by food & live animals (9.0 percent); beverages & tobacco (7.7 percent); animal & vegetable oils & fats (23.1 percent); chemicals (10.1 percent); machinery & transport equipment (2.4 percent); and miscellaneous manufactures (5.9 percent). On the other hand, purchases dropped for crude materials (-5.9 percent); fuels (-0.2 percent); and material manufactures (-4.7 percent). Imports of services were almost unchanged. Among major trading partners, imports of goods from non-EU countries rose 6.2 percent and those from the EU advanced 1.8 percent. Imports in the United Kingdom averaged 25611.95 GBP Million from 1955 until 2019, reaching an all time high of 58487 GBP Million in January of 2019 and a record low of 1031 GBP Million in June of 1955.

Imports in the United Kingdom is expected to be 57100.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in the United Kingdom to stand at 59100.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 60500.00 GBP Million in 2020, according to our econometric models.

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United Kingdom Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-3825.00	-3448.00	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	58487.00	56907.00	58487.00	1031.00	GBP Million	[+]
Exports	54662.00	53459.00	54662.00	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	924.00	948.00	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 Imports

UK's trade is measured through both imports and exports of goods and services. In 2017, imports of goods accounted for 74 percent of total imports, mainly: electrical machinery (13 percent of total imports); mechanical machinery (10 percent); cars (7 percent); other miscellaneous manufactures (6 percent); medicinal and pharmaceutical products (6 percent); road vehicles other than cars (5 percent); clothing (4 percent); refined oil (4 percent); crude oil (3 percent); and scientific and photographic (3 percent). Main goods import partners were: Germany (15 percent of total imports); China and the Netherlands (9 percent each); the United States (8 percent); France (6 percent); Belgium & Luxembourg (5 percent); Norway and Italy (4 percent each); and Spain and Ireland (3 percent each). Services accounted for 26 percent of total imports. This page provides - United Kingdom Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Imports - actual data, historical chart and calendar of releases - was last updated on March of 2019.