United Kingdom Imports

Imports of goods and services to the UK edged up 0.1 percent from a month earlier to GBP 56.86 billion in November 2018. The slight increase was driven by a 0.5 percent advance in purchases of services, while goods imports were unchanged. Within goods commodities, an increase in imports of fuels, food & live animals and material manufactures was offset by declines in purchases of machinery & transport equipment, chemicals and miscellaneous manufactures. Among major trading partners, imports from the EU increased 1.5 percent, mainly from the Netherlands (3.6 percent), Ireland (4.2 percent), Sweden (25.9 percent) and Denmark (5 percent), while a decline was recorded in imports from Germany (-1.4 percent), France (-2.4 percent) and Italy (-1 percent). By contrast, imports of goods from non-EU countries went down 1.7 percent, as purchases decreased mainly from the US (-2.2 percent), Norway (-12.9 percent) and Japan (-11.9 percent); while those from China rose 1.8 percent. Imports in the United Kingdom averaged 25471.36 GBP Million from 1955 until 2018, reaching an all time high of 57009 GBP Million in August of 2018 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	-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 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 January of 2019.