United Kingdom
Compare United Kingdom →GB · GBR · BACI 826 · latest data 2024
Exports
= $403,610 M4.4% over 5 yrs (down)
Imports
= $723,405 M11.5% over 5 yrs (up)
Trade balancedeficit
= −$319,795 M
Total trade
= $1,127,014 M5.3% over 5 yrs (up)
- World position
- #14 of 225 exporters · top 10% · #5 of 225 importers · top 5% · 2024
- World export share since 1995
- −2.8 pp
Trade timeline
United Kingdom's exports grew from $230.4B in 1995 to $403.6B in 2024; the 2024 balance was −$319.8B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $230,401 M | $263,854 M | −$33,454 M | $494,255 M |
| 1996 | $250,407 M | $289,203 M | −$38,796 M | $539,610 M |
| 1997 | $262,018 M | $306,994 M | −$44,977 M | $569,012 M |
| 1998 | $257,581 M | $318,669 M | −$61,088 M | $576,250 M |
| 1999 | $259,665 M | $324,073 M | −$64,408 M | $583,737 M |
| 2000 | $275,826 M | $362,355 M | −$86,529 M | $638,180 M |
| 2001 | $266,066 M | $349,208 M | −$83,142 M | $615,274 M |
| 2002 | $266,439 M | $367,652 M | −$101,213 M | $634,090 M |
| 2003 | $286,921 M | $417,275 M | −$130,354 M | $704,196 M |
| 2004 | $329,370 M | $484,944 M | −$155,574 M | $814,314 M |
| 2005 | $356,815 M | $513,965 M | −$157,150 M | $870,780 M |
| 2006 | $384,632 M | $582,662 M | −$198,030 M | $967,294 M |
| 2007 | $427,594 M | $643,438 M | −$215,844 M | $1,071,032 M |
| 2008 | $457,180 M | $670,962 M | −$213,782 M | $1,128,142 M |
| 2009 | $343,363 M | $490,837 M | −$147,474 M | $834,200 M |
| 2010 | $383,758 M | $579,302 M | −$195,544 M | $963,059 M |
| 2011 | $441,816 M | $670,873 M | −$229,057 M | $1,112,689 M |
| 2012 | $438,398 M | $636,909 M | −$198,511 M | $1,075,307 M |
| 2013 | $442,467 M | $645,382 M | −$202,914 M | $1,087,849 M |
| 2014 | $465,063 M | $682,633 M | −$217,571 M | $1,147,696 M |
| 2015 | $382,697 M | $629,925 M | −$247,229 M | $1,012,622 M |
| 2016 | $374,271 M | $627,330 M | −$253,059 M | $1,001,600 M |
| 2017 | $399,238 M | $630,564 M | −$231,326 M | $1,029,802 M |
| 2018 | $438,839 M | $665,080 M | −$226,241 M | $1,103,918 M |
| 2019 | $422,071 M | $648,505 M | −$226,434 M | $1,070,577 M |
| 2020 | $363,265 M | $610,635 M | −$247,370 M | $973,900 M |
| 2021 | $406,500 M | $678,020 M | −$271,520 M | $1,084,520 M |
| 2022 | $450,144 M | $763,412 M | −$313,267 M | $1,213,556 M |
| 2023 | $428,567 M | $742,558 M | −$313,991 M | $1,171,125 M |
| 2024 | $403,610 M | $723,404 M | −$319,795 M | $1,127,014 M |
Trading partners
United States was United Kingdom's top trading partner in 2024, at 11.6% of total trade; the top five partners covered 42.8%.
- Top partner share
- 11.6%
- Top-5 share
- 42.8%
- Partners
- 223
- Partner HHI (0–1)
- 0.050
Loading world basemap…
View partner table
| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $64,264 M | $66,984 M | $131,249 M | −$2,720 M |
| #2 | China | $18,283 M | $96,917 M | $115,200 M | −$78,634 M |
| #3 | Germany | $36,217 M | $76,443 M | $112,660 M | −$40,227 M |
| #4 | France | $28,645 M | $38,182 M | $66,827 M | −$9,538 M |
| #5 | Netherlands | $29,293 M | $27,001 M | $56,294 M | $2,291 M |
| #6 | Ireland | $23,801 M | $20,478 M | $44,279 M | $3,323 M |
| #7 | Italy | $8,643 M | $31,606 M | $40,250 M | −$22,963 M |
| #8 | Spain | $10,565 M | $26,310 M | $36,875 M | −$15,746 M |
| #9 | Norway | $4,632 M | $30,109 M | $34,741 M | −$25,476 M |
| #10 | Belgium | $11,858 M | $18,573 M | $30,431 M | −$6,715 M |
| #11 | Türkiye | $7,642 M | $19,389 M | $27,032 M | −$11,747 M |
| #12 | Poland | $6,579 M | $19,366 M | $25,945 M | −$12,788 M |
| #13 | India | $5,830 M | $15,337 M | $21,166 M | −$9,507 M |
| #14 | Switzerland | $8,529 M | $12,116 M | $20,645 M | −$3,587 M |
| #15 | Japan | $7,293 M | $13,058 M | $20,352 M | −$5,765 M |
Products & sectors
Product composition of United Kingdom's trade in 2024.
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Concentration & risk
United Kingdom's export partners held steady over 1995–2024 — HHI 0.056 → 0.057, a diversified export base across 223 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.056 | 0.066 | 206 | 197 |
| 1996 | 0.054 | 0.063 | 206 | 200 |
| 1997 | 0.054 | 0.063 | 206 | 201 |
| 1998 | 0.058 | 0.064 | 206 | 199 |
| 1999 | 0.062 | 0.062 | 207 | 203 |
| 2000 | 0.060 | 0.056 | 213 | 207 |
| 2001 | 0.062 | 0.058 | 220 | 213 |
| 2002 | 0.062 | 0.055 | 221 | 210 |
| 2003 | 0.060 | 0.055 | 221 | 212 |
| 2004 | 0.059 | 0.052 | 219 | 213 |
| 2005 | 0.060 | 0.052 | 221 | 215 |
| 2006 | 0.059 | 0.051 | 221 | 216 |
| 2007 | 0.056 | 0.052 | 220 | 216 |
| 2008 | 0.055 | 0.050 | 221 | 215 |
| 2009 | 0.055 | 0.054 | 220 | 216 |
| 2010 | 0.053 | 0.054 | 222 | 218 |
| 2011 | 0.052 | 0.051 | 220 | 215 |
| 2012 | 0.049 | 0.050 | 218 | 215 |
| 2013 | 0.047 | 0.052 | 222 | 219 |
| 2014 | 0.048 | 0.057 | 222 | 216 |
| 2015 | 0.051 | 0.060 | 222 | 219 |
| 2016 | 0.051 | 0.056 | 221 | 217 |
| 2017 | 0.048 | 0.056 | 223 | 219 |
| 2018 | 0.050 | 0.056 | 222 | 221 |
| 2019 | 0.052 | 0.054 | 222 | 222 |
| 2020 | 0.051 | 0.055 | 221 | 219 |
| 2021 | 0.054 | 0.055 | 222 | 218 |
| 2022 | 0.054 | 0.058 | 223 | 223 |
| 2023 | 0.054 | 0.054 | 223 | 223 |
| 2024 | 0.057 | 0.053 | 223 | 221 |
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