Destinations In August 2022, United Kingdom exported mostly to United States (£4.61B), China (£3.34B), Netherlands (£2.97B), Ireland (£2.7B), and Germany (£2.66B), and imported mostly from Germany (£5.3B), Norway (£5.09B), China (£5.03B), Netherlands (£4.82B), and United States (£4.73B).
What countries do the UK trade with?
List of the largest trading partners of United Kingdom
| Rank | Country | Exports from UK |
|---|---|---|
| 1 | United States | 112,217 |
| 2 | Germany | 56,818 |
| 3 | Netherlands | 39,046 |
| 4 | France | 40,378 |
What is the main trade of London?
The tourism industry is a leading sector in the British economy, and each year more than 25 million tourists visit the country. London is among the world’s most-visited cities.
Who trades most in London?
Notes:
| First half of 2019 | First half of 2020 | |
|---|---|---|
| United States | 7114.2 | 19505.0 |
| China | -13607.8 | 1843.0 |
| Germany | -15253.4 | 3560.0 |
| Netherlands | -9013.5 | 5150.0 |
What is London’s largest export?
About
- Overview In August 2022 London exported £203M and imported £2.24B, resulting in a negative trade balance of £2.04B.
- Trade In August 2022, the top exports of London were Scrap Iron (£23.2M), Cars (£20.5M), Refined Petroleum (£15.9M), Planes, Helicopters, and/or Spacecraft (£14M), and Gas Turbines (£10.3M).
Does England trade with Russia?
Total trade in goods and services (exports plus imports) between the UK and Russia was £15.3 billion in the four quarters to the end of Q2 2022, an increase of 2.4% or £354 million from the four quarters to the end of Q2 2021.
Does the UK trade with France?
Total trade in goods and services (exports plus imports) between the UK and France was £78.3 billion in the four quarters to the end of Q2 2022, an increase of 20.6% or £13.4 billion from the four quarters to the end of Q2 2021.
Where does London get its money from?
The economy of London is dominated by service industries, particularly financial services and associated professional services, which have strong links with the economy in other parts of the United Kingdom (UK) and internationally.
What does London import the most?
In August 2022 the top imports of United Kingdom were Petroleum Gas (£4.41B), Gold (£3.65B), Crude Petroleum (£3.11B), Cars (£2.43B), and Refined Petroleum (£2.23B).
What does the UK export to Germany?
In 2021, the United Kingdom’s main export commodity to Germany was aircrafts, which had a value of about 2.61 billion British pounds.
| Characteristic | Export value in million GBP |
|---|---|
| Aircraft | 2,610.45 |
| Non-ferrous metals | 2,519.57 |
| Mechanical power generators (intermediate) | 1,927 |
| Cars | 1,838.92 |
Who does the UK trade most with?
United Kingdom top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 55,608 | 14.05 |
| Germany | 41,632 | 10.52 |
| Ireland | 27,824 | 7.03 |
| Netherlands | 25,321 | 6.40 |
What does China rely on the UK for?
The main exports from the UK to China in 2021 were machinery and transport equipment (£7.7 billion) and fuels (£4.0 billion). Cars accounted for £3.6 billion of the machinery and transport equipment exports; 15.3% of the UK’s total exports of cars in 2021.
How much does UK rely on China?
Total UK imports from China amounted to £65.0 billion in the four quarters to the end of Q2 2022 (a decrease of 3.0% or £2.0 billion compared to the four quarters to the end of Q2 2021).
Why is London so wealthy?
The City is linked to other golden egg-laying entities – numerous tax havens, flows of international capital and so on. Much of this goes on in a high trust, low regulation environment designed to capture this wealth and maintain a powerful homegrown industry on the back of it.
What are top 5 countries that the UK import goods from?
Leading import markets for trade in goods in the United Kingdom in 2021, by share of imports
| Characteristic | Share of total goods imported |
|---|---|
| China | 13.3% |
| Germany | 11.2% |
| United States | 8.2% |
| Netherlands | 6.6% |
What is the UK’s largest import?
Biggest Importing Industries in the UK in 2022
- Precious Metals Production in the UK. Imports for 2022: $61.8B.
- Motor Vehicle Manufacturing in the UK. Imports for 2022: $28.6B.
- Aircraft, Engine & Parts Manufacturing in the UK. Imports for 2022: $20.8B.
- Clothing Manufacturing in the UK.
- Petroleum Refining in the UK.
What does the UK trade with Ukraine?
The main exports from the UK to Ukraine in 2021 were machinery and transport equipment (£320 million) and chemicals (£190 million). Specialised machinery (capital) accounted for £110 million of the machinery and transport equipment exports; this was 1.6% of the UK’s total exports of this commodity in 2021.
What do Russia get from UK?
| United Kingdom Imports from Russia | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $16.93M | 2021 |
| Machinery, nuclear reactors, boilers | $16.34M | 2021 |
| Edible vegetables and certain roots and tubers | $12.11M | 2021 |
| Copper | $12.02M | 2021 |
What does Russia buy from UK?
Trade In August 2022, the top exports of United Kingdom to Russia were Packaged Medicaments (£20.8M), Cleaning Products (£2.76M), Scented Mixtures (£1.69M), Medical Instruments (£1.48M), and Other Edible Preparations (£1.34M).
Does the UK trade with Germany?
Total trade in goods and services (exports plus imports) between the UK and Germany was £122.5 billion in the four quarters to the end of Q2 2022, an increase of 6.1% or £7.0 billion from the four quarters to the end of Q2 2021.
What do the UK export to Spain?
Download the latest trade and investment factsheet for Spain.
Top five UK goods exported to Spain, in the four quarters to the end of Q1 2022.
| Goods | Value (£million) |
|---|---|
| Mechanical power generators (intermediate) | 685.2 |
| Unspecified goods | 476.8 |
| Medicinal & pharmaceutical products | 354.1 |
| Metal ores & scrap | 347.0 |