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United Kingdom-France Bilateral Trade Analysis 2023

Complete trade statistics: $66.43B total volume •United Kingdom deficit: $12.56B

United Kingdom → France

$26.94B

Exports (2023)

France → United Kingdom

$39.49B

Imports (2023)

Trade Balance

$12.56B

Deficit for United Kingdom

Total Trade

$66.43B

Combined Volume

Trade Flow Visualization

Direct trade relationship between United Kingdom and France. Green line shows exports from United Kingdom, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the United Kingdom-France commercial relationship and competitive positioning in global markets.

United Kingdom → France Exports

$26.94B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
7.0% top product
1Turbo-jets: of a thrust exceeding 25kN
$1.89B
7.0% of exports
2Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$1.30B
4.8% of exports
3Oils: petroleum oils and oils obtained from bituminous minerals, crude
$660.54M
2.5% of exports
4Whiskies
$609.91M
2.3% of exports
5Meat: of sheep, lamb carcasses and half-carcasses, fresh or chilled
$417.31M
1.5% of exports
6Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
$394.64M
1.5% of exports
7Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$393.84M
1.5% of exports
8Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99
$386.61M
1.4% of exports
9Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$375.68M
1.4% of exports
10Medicaments: containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale
$360.71M
1.3% of exports

🎯 Strategic Export Focus

United Kingdom's export portfolio to France demonstrates strong diversification across multiple sectors, with turbo-jets: of a thrust exceeding 25kn representing a key competitive advantage in this bilateral market.

France → United Kingdom Imports

$39.49B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
4.6% concentration
1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$1.83B
4.6% of imports
2Electrical energy
$1.74B
4.4% of imports
3Turbo-jets: of a thrust exceeding 25kN
$1.15B
2.9% of imports
4Wine: still, in containers holding 2 litres or less
$1.14B
2.9% of imports
5Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$1.10B
2.8% of imports
6Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
$885.90M
2.2% of imports
7Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$863.52M
2.2% of imports
8Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$675.42M
1.7% of imports
9Wine: sparkling
$635.61M
1.6% of imports
10Perfumes and toilet waters
$590.07M
1.5% of imports

📦 Import Strategy Analysis

United Kingdom's import pattern from France reveals strategic sourcingin aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

United Kingdom demonstrates competitive strength in exportingturbo-jets: of a thrust exceeding 25kn to France, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $66.43B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: United Kingdom-France Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $66.43 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: United Kingdom maintains a deficit of $12.56 billion
  • Export Focus: United Kingdom's primary exports include turbo-jets: of a thrust exceeding 25kn, aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803, oils: petroleum oils and oils obtained from bituminous minerals, crude
  • Import Dependencies: Key imports from France include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, electrical energy, turbo-jets: of a thrust exceeding 25kn

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $66.43B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with United Kingdom leveraging its comparative advantages in turbo-jets: of a thrust exceeding 25kn.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

United Kingdom's specialization in turbo-jets: of a thrust exceeding 25kncomplements France's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $66.43B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
🔮

Trade Relationship Outlook

The $66.43B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $66.43 billion bilateral trade volume represents a major economic driverfor both economies.

Economic Significance: Very High
🏭

Industrial Integration

Trade flows in turbo-jets: of a thrust exceeding 25kn and aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

United Kingdom's trade deficit of $12.56 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 present expansion opportunities.
Market Diversification
Beyond current focus on aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in turbo-jets: of a thrust exceeding 25kn may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between United Kingdom and France represents a total trade volume of $66.43 billion in 2023. This partnership demonstrates an unfavorable trade balance for United Kingdom, with imports exceeding exportsby $12.56 billion.

Export Strengths

United Kingdom's exports to France total $26.94 billion, with competitive advantages in turbo-jets: of a thrust exceeding 25kn, representing $1.89B or7.0% of bilateral exports.

Import Dependencies

Imports from France amount to $39.49 billion, highlighting economic interdependence in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, with Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg comprising4.6% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates United Kingdom's strategic sourcing from France. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between United Kingdom and France in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023