Among the top ten trading partners there were trade deficits with China, Russia, Czechia and Hungary and trade surpluses with the United States, the United Kingdom, Switzerland, Sweden and Poland. Further, the UK exported a considerable amount to Italy (£19.7 billion), Switzerland (£19.6 billion), Belgium (£19.4 billion), and Spain (£17.6 billion). Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with Mainland China. Other top import countries were Spain (£32.3 billion), Belgium (£29.1 billion), Italy (£24.8 billion), Ireland (£21.9 billion), Norway (£21.7 billion), Japan (£15.2 billion), Poland (£13.3 billion), and India (£12.5 billion). The UK came second, behind the Netherlands, as a place that American companies invest, accounting for 13% of the total. According to the data, between 2016 and 2019, the UK has exported more to non-EU than to EU countries, which can be seen on the graph below. Top 10 UK trading partners (2018) 6 Top 10 Non-EU trading partners (2018) 7 UK trade with the EU and Non-EU (2018) 8 UK exports of goods and services (2012 - 2019) 9 UK imports of goods and services (2012 - 2019) 9 Top 10 UK export markets for goods and services (2018) 10 Top 10 UK goods exports (2019) 12 Top 5 UK services exports (2018) 13 Top 10 UK import markets for goods and services … Therefore, Market Inspector looked into the UK’s exports and imports, which have always been of crucial importance for the UK economy. TOP NET EXPORTER. In contrast, the EU’s other two big economies, Germany and France, generate a trade surplus with many of their European neighbours (see ‘Largest trading partners’ chart). 80-83 Long Lane, London, EC1A 9ET, UK 1. Peru Holds Interest Rate at 0.25%. Google http://www.google.com/settings/ads, Facebook https://www.facebook.com/ads/preferences/edit/, Bing https://advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, LinkedIn https://www.linkedin.com/psettings/advertising. Total Trade. Key Findings. 60. The EU, taken as a whole is the UK’s largest trading partner. Specifically, Nigeria exported crude oil worth N684 billion to the country in just one quarter. Back to table of contents. UK House Prices Rise Most Since 2016. According to the data, EU countries remained the UK’s main import partners, which can be seen on the graph below. It covers our top trading partners, key exports, imports, sources and destinations for investment and how Australia compares with the rest of the world in global export, import and investment rankings. Exports. These cookies are used to track browsing habits and activity. The EU, taken as a whole is the UK’s largest trading partner. The data is not confidential. The total value of UK-Japan (imports and exports) was £31.6bn in 2019, according to the Department for International Trade. Among Turkey’s trading partners that generate the greatest positive trade balances, Turkish surpluses with Egypt (up 112.2%), the Netherlands (up 61.7%) and Spain (up 57.6%) grew at the fastest pace from 2018 to 2019. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). You can also visit http://www.youronlinechoices.com/uk/your-ad-choices for more information on common third party cookies used for targeted marketing. Approaching three-quarters (72.8%) of Australian exports in 2019 were delivered to the above 15 trade partners. In general, European countries sell more to the UK than non-EU countries. UK Overseas Trade in Goods Statistics, Summary of 2019 Trade in Goods 2 . UK House Prices Rise Most Since 2016. In 2018, these deals represented about 11% of total UK trade. 2015 Trade University Archive. 20. 50. 2015 Trade University Archive. We strive to put our customers in touch with the right supplier. If you at an earlier point have opted in for this type of cookies, either at our website or at any other website, you will likely have third party cookies in your browser that is being used to track your browsing behaviour. China is the country’s top trade partner. This graph shows the largest trading partners of the United States regarding trade goods in 2019, by import value. Being a member of the EU allows the UK to trade freely with 27 other countries. U.S. trade with other nations is worth $4.9 trillion per year. The three highest-value trading partners for imports of services accounted for over one-third of total UK services imports in Quarter 2 2019 The US remains the UK’s largest services import partner, accounting for £9.2 billion, or 19.1%, of imports of services. About trade in goods and services statistics. 2017 Features of ACE Exports Archive. Through international trade, the UK is able to maintain its position in a highly competitive global economy. The other partners in Figure 3 all saw their shares decline. Top 10 UK trading partners (2018) 6 Top 10 Non-EU trading partners (2018) 7 UK trade with the EU and Non-EU (2018) 8 UK exports of goods and services (2012 - 2019) 9 UK imports of goods and services (2012 - 2019) 9 Top 10 UK export markets for goods and services (2018) 10 Top 10 UK goods exports (2019… The UK trade in services data have been produced as part of planned improvements to our trade statistics described in Section 3.3 of the trade development plan. It ranks 5th At a business roundtable on his visit to the United Kingdom, President Donald Trump … Comparison of UK Exports to EU and Non-EU Countries, Comparison of UK Imports from EU and Non-EU Countries, The UK’s Trade Surplus and Deficit with EU and Non-EU Countries, “Trade and Investment Core Statistics Book”, https://www.linkedin.com/psettings/advertising, Imports from EU countries were the highest during the first quarter of, The UK had a trade surplus with non-EU countries in recent years. Email: info@market-inspector.co.uk, Opening Hours If you want to share this chart, use the code below:

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. The top 10 destinations for Nigeria’s export. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). If you would like to share this interactive map, use the code below: Among the UK’s top five export partners were also Ireland (£38.3 billion) and China (£23.1 billion). Log in. Read more about our cookie policy. Between August 2019 and August 2020 the exports of United Kingdom have decreased by £-5.05B (-18.2%) from £27.7B to £22.7B, while imports decreased by £-7.68B (-16.1%) from £47.7B to £40B. Leading the year-over-year increases consuming Australian exported goods were the United Kingdom (up 192%), China (up 20.4%), Vietnam (up 14.6%) then Singapore (up 8.7%). A trade surplus occurs when a country’s total value of exports is greater than the total value of imports. New Zealand Dollar Hits 31-month High. KOSPI Hits Record High. The requested document has been opened in the appropriate software. Also shown is each import country’s percentage of total Dutch exports. 80 . As of 31 October 2020, the UK had secured 26 trade agreements with 55 countries, some through the use of a mutatis mutandis concept, in order to quickly replicate the existing agreements between the EU and these countries, only having to call out those minor areas of differentiation (this allowed some agreements to be reduced to around 40 pages from the … 2016 Trade Webinars Archive. Imports. In the fourth quarter of 2018, the export value to non-EU countries was the highest with £91.2 billion. 30. Data in this release will differ from the monthly UK trade release on a quarterly basis, as services data is on a non-seasonally adjusted basis while it is seasonally adjusted in UK trade. Between August 2019 and August 2020 the exports of United Kingdom have decreased by £-5.05B (-18.2%) from £27.7B to £22.7B, while imports decreased by £-7.68B (-16.1%) from £47.7B to £40B. , , The import from EU countries increased from, is continuously growing in recent years. The leading trade partners were China, Russia, Germany and Poland. This is a list of the largest trading partners of Canada.Canada is considered to be a trading nation as its total trade is worth more than two-thirds of its GDP (the second highest level in the G7 after Germany).. Russia's leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 1951-1952. Note : Figures may not add up to totals due to rounding. In fact, the UK has run a trade deficit each year since 1998. 17 September 2020 Foreign trade in electric vehicles increases: exports up 72% in 2019 compared with the previous year. Friday: 8:00am - 3:00pm. According to the governmental data, the top five fastest-growing markets for the UK imports between 2010 and 2018 were Vietnam with 243% (£4.5 billion), Saudi Arabia with 201% (£3.7 billion), Algeria with 166% (£2.3 billion), Bangladesh with 131% (£3.0 billion), and Romania with 129% (£3.4 billion). International trade has always been a very important factor for each country’s economic development, employment rates, and continuous supply of goods and services. Things you need to know about this release. Figure 3: Bar charts illustrating the top 20 importers to the UK (left plot) and exporters from the UK (right plot) in February 2016. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners.. We use cookies that are necessary for the site to work. Infographic: U.S. Top Trading Partners 2019. These provide an overview of Australia's major exports, imports and trading partners. Latest. You have disabled targeted ads cookies and we will not use these cookies to provide you with relevant and personalised marketing content. Sorry, your blog cannot share posts by email. It widened from £72.7 billion in the first quarter of 2016 to £85.0 billion in the first quarter of 2018. However, you can change your cookie settings at any time at the bottom of this page. 1. 2016 Trade Webinars Archive. It widened from, https://www.facebook.com/ads/preferences/edit/, https://advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, http://www.youronlinechoices.com/uk/your-ad-choices. 30. 28 October 2020 USA as a trading partner: German exports up 6% since 2017. Year 2019 (C) Statistisches Bundesamt, Wiesbaden 2020 Page 2 of 6. Upcoming Outreach Activities . This was largely due to an increase in Precious metals, up £2.5 billion (3.5 times the value). Contact the International Trade Macro Analysis Branch: Email us! Read more about our cookie policy. We will match your request with suitable suppliers. Top Trading Partners - Trade Statistics. We and our partners use cookies on our website to improve your browsing experience, personalize content and ads, provide social media features, and analyze our traffic. France Trade Statistics. Sterling Under Pressure Ahead of Brexit Deal Deadline. In the report, the reader can also find information on the country’s top trading partners and fastest-growing markets. In 2019, the import value of trade goods from Canada amounted to … The aim of the current research is to highlight the most significant trends regarding the UK’s export and import. 40. 60. Publication. The EU remains an important UK trade partner. Things you need to know about this release. The study assessed the UK’s global trade partners, as well as EU partners. Ukraine traded in goods with 227 countries in 2019. Furthermore, a more in-depth examination of the UK’s imports and exports, as well as the trade balance, was made. On the other hand, the import was 31.8% of GDP, which is also an increase from 31.6% in 2017 and from 23.7% in 2004. Donald Trump said the UK is America’s largest trading partner. According to the governmental data, top five fastest-growing markets for the UK exports between 2010 and 2018 were North Macedonia with 483% (£1.5 billion), Gibraltar with 253% (£3.0 billion), South Korea with 220% (£9.8 billion), Kazakhstan with 199% (£2.2 billion), and Oman with 161% (£1.6 billion). Nikkei Falls for 2nd Day. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Netherlands Top 10 Major Export Companies, Germany: US$154.6 billion (21.8% of total Dutch exports), China: -US$83.8 billion (country-specific trade deficit in 2019), Germany: US$64 billion (country-specific trade surplus in 2019), Lyondell Basell Industries (diversified chemicals), Daqso International (toiletries, cosmetics, perfumes), Holland Metals & Raw Materials (non-ferrous metals, steel scrap), Lagwo Trading Inc NV (crude oil, petroleum), Powerview Technology BV (surveillance products). 2. Spanish Stocks Fall Amid Brexit Uncertainty . UK Stocks Fall From 9-Month High. More. Latest. ... Brazil Trade with United States Sees Lowest Result in 11 Years. Hong Kong's Principal Trading Partners in 2019 . Euro Weakens on Friday. UK trading partners In 2018 over half of all the United Kingdom’s exports and imports went to the European Single Market, making it the main trading partner for the UK. In 2016, the US exported goods worth $115,775 million and imported goods worth $462,813 million to have a trade deficit of $347,038 million. Latest. 20. UK Imports General Trade Top 50 Trading Partners Source: HM Revenue and Customs, Overseas Trade Statistics Net Mass (tonnes) UK Exports General Trade Net mass (tonnes) UK Exports and Imports: General Trade There are separate worksheets for Exports and Imports values and tonnage. Top Trading Partners. Agriculture products remain Ukraine’s largest […] UK House Prices Rise Most Since 2016. More. However, the statistics show that the import from non-EU countries is continuously growing in recent years. 2019 United States: $67.08B 2019 China: $65.53B 2019 Netherlands: $53.93B 2019 France: $38.92B ... UK Trade Balance Swings to Deficit in October. The main export destinations were Germany with £55.4 billion, the Netherlands with £43.9 billion and France with £42.1 billion. 2019 was a record-breaking year for UK exports, according to new figures published today (Tuesday 11 February) by the Office for National Statistics. The interactive map below presents the UK’s import partners in 2018. Historically, the issue of Canada's largest trade partners, and dependence on particular markets, has been a major political issue. We use cookies to give you the best browsing experience.

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. Monday - Thursday: 8:00am - 7:00pm Source : Hong Kong Trade Statistics While it was an EU member, the UK was automatically part of about 40 trade deals which the EU had with more than 70 countries. According to the European Commission Directorate-General for Trade.The 10 largest trading partners of the European Union with their total trade (sum of imports and exports) in millions of euro for calendar year 2017 are as follows.. With United Kingdom withdrawal from the European Union, United-Kingdom enters in the top ten partners of the EU-27. It covers our top trading partners, key exports, imports, sources and destinations for investment and how Australia compares with the rest of the world in global export, import and investment rankings. The ten largest trading partners of Australia with their total trade (sum of imports and exports) ... Top import sources. Trade and Investment at a Glance provides high level statistical data on Australia's trade and investment profile on an annual basis. The import from EU countries increased from £89.9 billion in the fourth quarter of 2018, reaching its highest point during the first quarter of 2019 with £93.6 billion. Here is a breakdown of Nigeria’s biggest trade partners in Q1 2019. The three highest-value trading partners for imports of services accounted for over one-third of total services imports in Quarter 3 2019. Upcoming Outreach Activities. ASX Heads for 6th Weekly Gain. WITH MAJOR TRADING PARTNERS, 2019. The total trade with EU countries comprised £641.9 billion, and 657.2 billion with non-EU countries. 8 October 2020 Exports in August 2020: +2.4% on July 2020 . Ukraine increased its export and import numbers for trade in goods in 2019 compared to 2018, but the trade deficit for goods increased as well, according to the State Statistics Service. NET EXPORTERS . Signed UK trade agreements. 40. The French tend to take time when negotiating. Would you like to join the Market Inspector network? These figures do not include services or foreign direct investment. 80. NET IMPORTERS. Three among Sweden’s top customers increased their consumption of Swedish imports from 2018 to 2019: United States (up 14.5%), Japan (up 3%) and Russia (up 0.8%). Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners. By The Brazilian Report on October 20, 2020. 2018 International Trade Webinars Archive. In other words, in the first quarter of 2019 the UK imported more than it exported to non-EU countries, which can be seen on the graph below.

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. A third of EU trade is with the United States and China At Member State level, trade within the EU largely prevails In 2018, the United States (€674 billion, or 17.1% of total extra-EU trade in goods, i.e. It is important to note here that Brexit will have a big impact on the trading industry in the UK, and the order of the top export destinations might look different after it. Gold Remains Under Pressure . 50. Queensland and the UK have a significant trade and investment relationship. Latest. Here is a breakdown of Nigeria’s biggest trade partners in Q1 2019. Yet, in the first quarter of 2019 it dropped to £85.6 billion. In 2018 total trade made up £1.3 trillion, of which the import was £665.0 billion and the export £634.0 billion. TOP NET IMPORTER. Russia's leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. Furthermore, the statistics show that in the period from 2016 to 2019, the UK continuously ran a trade deficit with EU countries. In 2018, the UK imported the most from the United States (£72.4 billion), China (£45.4 billion), and Norway (£21.7 billion). 2018 International Trade Webinars Archive. It was the highest in the second quarter of 2017 and accounted for £11.4 billion. However, the export to the EU dropped to £74.3 billion at the beginning of 2019. 70. Further, the UK exported a considerable amount to Italy (£19.7 billion), Switzerland (£19.6 billion), Belgium (£19.4 billion), and Spain (£17.6 billion). Well over two-thirds (71.4%) of Swedish exports in 2019 were delivered to the above 15 trade partners. Top Trading Partners. More. Other leading gains belong to Japan (up 10.7%), Switzerland (up 5.3%) then the United States (up 4%). Ranking. Spain Consumer Prices … Complete the form and describe your requirements for your chosen product. We use this information and share it with third parties to enable us to show you relevant/personalised marketing content. 2017 Features of ACE Exports Archive. The UK’s largest trading partner for both exports and imports of services in Quarter 3 2019 was the United States. Contact Us. The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019. 70. UK imports from the EU were £374 billion (52% of all UK imports). In 2019, the USA was the EU’s major trading partner in exports (see Figure 3). In other words, trade contributes to more prosperous life of the country's citizens. All the other UK’s top ten are in Asia or the Middle East. The study assessed the UK’s global trade partners, as well as EU partners. 2020 | 2019 | 2018 | 2017 | 2016 ... 2019 World Trade Month Webinar Series. UK imports from the EU were £374 billion (52% of all UK imports). However, in the first quarter of 2019, the UK had a deficit of -£3.0 billion with non-EU countries for the first time in the last few years. UK House Prices Rise Most Since 2016. Top Trade Partners Of The US. 2019 Germany: $46.35B 2019 France: $31.36B 2019 Netherlands: $30.38B 2019 China: $30.15B 2019 Ireland: $27.80B ... UK Trade Balance Swings to Deficit in October. The export’s share was 30% of GDP, which shows a slight decrease compared to 30.4% in 2017 and 30.7% in 2011. Between 2009 and 2019, China's share in extra-EU exports grew from 6 % to 9 %. However, when the total value of imports exceeds the total value of exports, a country has a trade deficit. Nikkei Falls for 2nd Day. Canada imported $266,827 million from the US and exported $278,067 million leaving the US with $11,240 million trade deficit. For the calculation of the UK’s trade balance, the following formula was used, where a negative value represents the deficit in trade and a positive value the surplus: Total Value of Exports - Total Value of Imports = Trade Balance. 0 . If you continue interacting we assume that you are happy to receive all cookies on this website. India: In the first quarter of 2019, India accounted for 16.43% of Nigeria’s total export. Most importantly, in the first quarter of 2019, the country reached the highest deficit of -£19.3 billion. For this analysis of the UK imports and exports, Market Inspector used mainly the “Trade and Investment Core Statistics Book” from the UK’s Department for International Trade which was updated in October 2019. In 2016, the EU 1 accounted for 48% of goods exports from the UK, while goods imports from the EU were worth more than imports from the rest of the world combined. Its share was relatively stable between 2009 and 2013 but then grew every year with the exception of 2016 and reached 18 % in 2019. Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade … Among the UK’s top five export partners were also Ireland (£38.3 billion) and China (£23.1 billion). Further Press Releases. The top 10 destinations for Nigeria’s export. 2019 Exports: Country Analysis • The USA remained the UK’s largest export partner in 2019, experiencing the largest value increase on 201 8, up £8.2 billion (17%). The data shows that the UK had a surplus with non-EU countries in recent years. The UK’s largest trading partner when looking at individual countries for both exports and imports of services in Quarter 2 2019 was the US. Owned by AWM Network ApS, Phone: 020 3608 0133 Upcoming Outreach Activities. 10. India: In the first quarter of 2019, India accounted for 16.43% of Nigeria’s total export. New Zealand Dollar Hits 31-month High. Furthermore, a more in-depth examination of the UK’s imports and exports, as well as the trade balance, was made. We also use cookies to monitor and track the performance of our marketing, monitor the use of our website, improve the user experience of our website, and track our website performance. So, for the UK, the future route to positive trading relationships appears to lie beyond Europe. That means that the share of the UK exports and imports of the GDP was 61.8% in 2018. Hong Kong: $6.5 billion (1.2%) Close to three-quarters (71.8%) of French exports in 2019 were delivered to the above 15 trade partners. The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019. While the United States remained the UK's biggest export market, eight out of the top ten export destinations were European countries. These figures include trade in goods and commodities, but do not include services or foreign direct investment.. Euro Weakens on Friday. April 23, 2019. 2019 United States: $67.08B 2019 China: $65.53B 2019 Netherlands: $53.93B 2019 France: $38.92B ... UK Trade Balance Swings to Deficit in October. Current news. Consequences for the UK in a Biden-led USA. Do not rush them or appear impatient. Looked at from the US end, the UK is an important investment partner. Ranking of Germany's trading partners in Foreign Trade Imports Turnover (Exports + Imports) Foreign Trade Balance (Exports - Imports) Rank Exports Year 2019 051 Indonesia 2 766 572 Lithuana 2 107 591 Serbia 5 159 693 Malta + 487 465 052 Philippines 2 495 124 Tunisia 1 891 254 Egypt 5 087 100 Panama + 466 916 Germany: US$154.6 billion (21.8% of total Dutch exports) Belgium: $74.6 billion (10.5%) France: $57.3 billion (8.1%) 2019 Germany: $46.35B 2019 France: $31.36B 2019 Netherlands: $30.38B 2019 China: $30.15B 2019 Ireland: $27.80B ... UK Trade Balance Swings to Deficit in October. Consistent manner the GDP was 61.8 % in 2018, LinkedIn https: //www.facebook.com/ads/preferences/edit/, Bing https:.! Disabled targeted ads cookies and we will not use these cookies to provide you with and... Freely with 27 other countries previous year to … Hong Kong 's Principal partners... 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Hong Kong 's Commercial Relationship with major trading partners and fastest-growing markets factsheets about Hong Kong 's Commercial with. To show you relevant/personalised marketing content delivered to the above 15 trade partners of all UK to. It should be noted that trade deficit was on the level of 1.5 % of total services imports in 3! As a trading partner in exports ( see Figure 3 all saw their shares.. On the level of 1.5 % of all UK imports ) combines data from various governmental sources presents! September 2020 foreign trade in electric vehicles increases: exports up 72 in! Chosen product: //www.google.com/settings/ads, Facebook https: //advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, http:,! Major exports, imports and exports )... top import sources s percentage of total UK trade is import. 'S merchandise trade with other nations is worth $ 4.9 trillion per year give you the best browsing experience to! Market, eight out of the top ten export destinations were European countries sell more to the for! Various governmental sources and presents it in a consistent manner not use these cookies used! Necessary for the UK than non-EU countries weeks ahead Overseas trade in vehicles! 2019 | 2018 | 2017 | 2016... 2019 World trade Month Webinar.! 657.2 billion with non-EU countries is continuously growing in recent years document has been a major issue! Since 2009, the value of exports exceeds imports for Singapore 's merchandise with.