United Kingdom

United Kingdom

Global Trade Profile β€’ Rank #13 Exporter

$452.02B

Total Exports (2023)

$732.00B

Total Imports (2023)

$279.98B

Trade Deficit

#13

Export Ranking

Trade Flow Visualization

Interactive map showing United Kingdom's top trading partners. Green lines represent exports, red lines represent imports.

#13

Export Rank

$452.02B

Total Exports

$732.00B

Total Imports

-$279.98B

Trade Balance

24

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Metals: gold, semi-manufactured
6.5%$29.51B
#2Oils: petroleum oils and oils obtained from bitumi...
4.6%$20.60B
#3Turbo-jets: of a thrust exceeding 25kN
4.2%$19.03B
#4Medicaments: consisting of mixed or unmixed produc...
3.3%$14.71B
#5Petroleum oils and oils from bituminous minerals, ...
3.0%$13.73B
#6Turbines: parts of turbo-jets and turbo-propellers
2.5%$11.49B
#7Vehicles: with only spark-ignition internal combus...
2.3%$10.37B
#8Vehicles: with both spark-ignition internal combus...
2.2%$10.06B
#9Aircraft and spacecraft: parts of aeroplanes or he...
2.1%$9.67B
#10Whiskies
1.7%$7.81B

πŸ“₯ Top Import Sources

Top Import Products

#1Metals: gold, semi-manufactured
5.0%$36.35B
#2Oils: petroleum oils and oils obtained from bitumi...
4.3%$31.35B
#3Petroleum oils and oils from bituminous minerals, ...
3.7%$27.13B
#4Metals: gold, non-monetary, unwrought (but not pow...
2.0%$15.00B
#5Vehicles: with only electric motor for propulsion
2.0%$14.61B
#6Petroleum gases and other gaseous hydrocarbons: in...
1.8%$13.43B
#7Medicaments: consisting of mixed or unmixed produc...
1.8%$13.27B
#8Telephones for cellular networks or for other wire...
1.5%$10.69B
#9Vehicles: with only spark-ignition internal combus...
1.3%$9.69B
#10Communication apparatus (excluding telephone sets ...
1.2%$8.76B

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

United Kingdom Trade Analysis 2023

πŸ“Š Overview

#13
Global Export Rank
1.18T
Total Trade Volume
5.92%
Share of Global Trade

United Kingdom stands as the world's #13 largest exporter and #6 largest importer, demonstrating significant global trade influence.

The trade profile reveals a deficit of 279.98 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 38.2% of imports requires careful management of external financing.
452.02B
Total Exports
732.00B
Total Imports
0.62
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $98.67B, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

USA
Germany
Netherlands
China
Ireland
Others

Export Market Concentration

14.2%$64.34B
8.4%$38.01B
8.0%$36.21B
7.5%$34.11B
6.7%$30.16B
6.0%$26.94B
4.3%$19.48B
13 others
25.2%$113.70B

Export concentration shows USA as the dominant market at 14.2%. The top three markets control 30.7% of exports.

44.9%
Top 5 Markets
63.6%
Top 10 Markets
20
Total Partners

Regional patterns reveal European market focus. Secondary markets (France, Belgium, China, Hong Kong SAR) provide $84.67B in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

13.0%$95.28B
11.0%$80.67B
10.2%$74.68B
5.4%$39.49B
4.5%$32.91B
4.0%$29.28B
3.9%$28.64B
13 others
27.0%$197.70B

United Kingdom relies heavily on China for imports (13.0%),maintaining balanced sourcing.

Energy suppliers including Norway (32.91B) collectively provide 32.91 billion or 4.5% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Viet Nam, reflecting deep integration into Asian production networks. China's dominant position at 95.28 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 74.68 billion (10.2%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 61.0% of total imports, with the remaining 39% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (80.67B), France (39.49B), Netherlands (29.28B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with India, Viet Namemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

gold, semi-manufactured
6.5%$29.51B
petroleum oils and oils obtained from bituminous m...
4.6%$20.60B
of a thrust exceeding 25kN
4.2%$19.03B
consisting of mixed or unmixed products n.e.c. in ...
3.3%$14.71B
preparations n.e.c. containing by weight 70% or mo...
3.0%$13.73B
3 others
7.1%$31.93B

United Kingdom's export economy centers on diversified industrial production, with the leading export being gold, semi-manufacturedat $29.51 billion, accounting for 6.5% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 31.21 billion or 6.9% of exports, encompassing 5 distinct product categories. Electronics, semiconductors, and machinery contribute 30.52 billion or 6.8% of exports.

The automotive sector's dominance is evident in the export portfolio, with with only spark-ignition internal combustion recip... (10.37B), with both spark-ignition internal combustion recip... (10.06B), with only spark-ignition internal combustion recip... (4.85B), with only electric motor for propulsion (3.27B), with both spark-ignition internal combustion recip... (2.64B). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 3 categories specifically related to alternative propulsion systems, totaling $15.98B.

Beyond automotive, United Kingdom maintains strong positions in industrial machinery (2 categories totaling 30.52B),, and Metals, Oils, Medicaments.

The top 20 export products collectively account for 41.2% of total exports, revealing healthy product diversification across multiple sectors.

πŸ›’ Import Products

Top Import Products

gold, semi-manufactured
5.0%$36.35B
petroleum oils and oils obtained from bituminous m...
4.3%$31.35B
preparations n.e.c. containing by weight 70% or mo...
3.7%$27.13B
gold, non-monetary, unwrought (but not powder)...
2.0%$15.00B
with only electric motor for propulsion
2.0%$14.61B
3 others
5.1%$37.38B

Energy dominates United Kingdom's import profile, with fossil fuels accounting for 79.09 billion or 10.8% of total imports. Crude oil leads at 31.35 billion (4.3%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

Beyond energy, critical imports include gold, semi-manufactured (36.35B, 5.0%), gold, non-monetary, unwrought (but not p... (15.00B, 2.0%), with only electric motor for propulsion (14.61B, 2.0%), consisting of mixed or unmixed products ... (13.27B, 1.8%), Telephones for cellular networks or for ... (10.69B, 1.5%).Electronic components and devices total 19.45 billion (2.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 17.89 billion (2.4%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of United Kingdom's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (6 : 14among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 8 primary products to 9 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.

βš–οΈ Trade Balance Dynamics

-279.98 billion
Trade Deficit β€’ 23.65% of total trade
PartnerExportsImportsBalance
USA$64.34B$74.68B$-10.34B
China$34.11B$95.28B$-61.17B
Germany$38.01B$80.67B$-42.65B
France$26.94B$39.49B$-12.56B
Netherlands$36.21B$29.28B+$6.92B

Export-to-import ratio of 0.618 means exports cover 61.8% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
USA$64.34B$74.68B$-10.34B
China$34.11B$95.28B$-61.17B
Germany$38.01B$80.67B$-42.65B
France$26.94B$39.49B$-12.56B
Netherlands$36.21B$29.28B+$6.92B
Ireland$30.16B$21.01B+$9.15B
Italy$10.33B$28.64B$-18.31B
Belgium$19.48B$18.91B+$575.97M
Total$259.58B$387.96B$-128.38B

The United Kingdom-USA relationship leads at 139.03 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include Germany (118.68B total trade), France (66.43B total trade), Netherlands (65.49B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”717.65B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

πŸ’‘

Competitive Advantage

United Kingdom's #13 global ranking is driven by specialization in manufactured goods, accounting for 15.3% of export value.

Global rankings position United Kingdom as the #13 exporter worldwide,within the major trading nations. The country's share of global exports at approximately 4.520%provides substantial market influence and pricing power.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where United Kingdom's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly ingold, semi-manufactured, petroleum oils and oils o, of a thrust exceeding 25k. The revealed comparative advantage is strongest in product categories representing15.3% of exports. Market positioning against regional competitors shows leadership in key product segments.

Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates premium positioning in many categories.

Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 279.98B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with India, United Arab Emirates, Poland, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape United Kingdom's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, United Kingdom's position as the world's #13 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026