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United Kingdom Trade Summary

2020

United Kingdom exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR UNITED KINGDOM 2020

Overall Exports and Imports for United Kingdom 2020

Exports and imports of United Kingdom in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 395,692 million.
  • The total value of imports (CIF) was 634,175 million.
  • At the HS6 digit level, 4,469 products were exported to 229 countries and 4,504 products were imported from 226 countries.

United Kingdom top 5 Export and Import partners 2020

Top five countries to which United Kingdom exported in 2020 are below, along with the percent of total exports that went to that country:

  1. United Kingdom exports to United States worth US$ 55,608 million, with a partner share of 14.05 percent.
  2. United Kingdom exports to Germany worth US$ 41,632 million, with a partner share of 10.52 percent.
  3. United Kingdom exports to Ireland worth US$ 27,824 million, with a partner share of 7.03 percent.
  4. United Kingdom exports to Netherlands worth US$ 25,321 million, with a partner share of 6.40 percent.
  5. United Kingdom exports to France worth US$ 23,872 million, with a partner share of 6.03 percent.

Top five countries from which United Kingdom imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. United Kingdom imports from China worth US$ 75,479 million, with a partner share of 11.90 percent.
  2. United Kingdom imports from Germany worth US$ 74,403 million, with a partner share of 11.73 percent.
  3. United Kingdom imports from United States worth US$ 58,222 million, with a partner share of 9.18 percent.
  4. United Kingdom imports from Netherlands worth US$ 46,244 million, with a partner share of 7.29 percent.
  5. United Kingdom imports from France worth US$ 30,102 million, with a partner share of 4.75 percent.

United Kingdom Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by United Kingdom along with trade value are:

  1. United Kingdom exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 21,415,725.62 million.
  2. United Kingdom exported Petroleum oils and oils obtained from bituminou , worth US$ 16,096,917.23 million.
  3. United Kingdom exported Other medicaments of mixed or unmixed products, , worth US$ 14,803,109.98 million.
  4. United Kingdom exported Aircraft parts nes , worth US$ 9,708,207.00 million.
  5. United Kingdom exported Turbo-jets of a thrust exceeding 25 KN , worth US$ 9,649,530.87 million.

The top five imported HS 6 digit level products from world by United Kingdom along with trade value are

  1. United Kingdom imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 88,035,664.86 million.
  2. United Kingdom imported Transmission apparatus, for radioteleph incorpo , worth US$ 17,774,610.13 million.
  3. United Kingdom imported Petroleum oils and oils obtained from bituminou , worth US$ 15,623,535.69 million.
  4. United Kingdom imported Other medicaments of mixed or unmixed products, , worth US$ 12,448,266.54 million.
  5. United Kingdom imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 9,818,574.44 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by United Kingdom in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.88 percent.
  • The trade weighted average tariff was 1.28 .
  • The total duty free imports in thousands of US dollars were 222,972,253.18 and duty free tariff line items share was 59.96 percent.

Development Indicators 2020

Key Development Indicators of United Kingdom in 2020 are below

  • United Kingdom GDP in current US dollar was 2,704,609 million.
  • GNI per capita, Atlas method (current US$) was 38,590.00 .
  • United Kingdom Trade balance: as % of GDP was 0.36.
  • Trade balance in current US$ was 9,688.00 million.
  • Trade as percentage of GDP was 58.12 .
  • Trade in services as percentage of GDP was 22.69 .

Trade Indicators 2020

Trade Indicators for United Kingdom in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 35.09.
  • World Growth in percentage was -3.75 and United Kingdom Country Growth was -7.14 .