In the fourth quarter of 2024, the value of exports from the United Kingdom amounted to approximately 206.3 billion British pounds, while imports to the country amounted to around 217.8 billion pounds, resulting in a trade deficit of around 11.5 billion pounds in this quarter. During this time period, the value of UK exports was highest in the fourth quarter of 2022, with the value of imports peaking in the third quarter of 2022. The UK's main trade partners Despite the UK leaving the EU in 2020 following the Brexit referendum of 2016, Europe remains the main destination for UK exports, with almost half of UK exports heading there in 2023. During the same year, just over 60 percent of imports came from European countries, compared with around 17.9 percent from countries in Asia, and 11.8 percent from the Americas. In terms of individual countries, the United States was the UK's leading export partner for both goods and services from the UK, while Germany was the main source of UK goods imports, and the U.S. for service imports. It is as yet unclear how the return of Donald Trump to the White House will impact UK/US trade relations, should the President follow through with threats made on the campaign trail to increase trade tariffs. Brexit rethink under Starmer? Although generally more pro-European than the previous government, the new Labour government, led by Keir Starmer, does not plan to rejoin the European Union, or the Single Market. Public opinion, while gradually turning against Brexit recently, has not coalesced around a particular trading relationship. In late 2023, a survey indicated that while 31 percent of British adults wanted to rejoin the EU, a further 30 percent wanted to simply improve relations with the EU, instead of rejoining. Just 11 percent of respondents wanted to join the single market but not the EU, while 10 percent were happy with the relationship as it was. At the start of 2025, after several months in office, the new government has not signalled any major change in direction regarding on this, but has broadly signalled it wants a better relationship with the EU.

Trade in goods data, including breakdown of imports and exports by Standard Industrial Classification, region (EU and non-EU), business size and by domestic and foreign ownership.

Quarterly estimates of total trade, trade in goods, and trade in services by country, non-seasonally adjusted.

Monthly data on the UK's trade in goods and services, including trade inside and outside the EU. This replaces our previous dataset, UK trade: goods and services (up until July 2018).

Monthly import country-by-commodity data on the UK's trade in goods, including trade by all countries and selected commodities, non-seasonally adjusted.

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

United Kingdom UK: Goods Trade: % of GDP data was reported at 41.528 % in 2017. This records an increase from the previous number of 39.457 % for 2016. United Kingdom UK: Goods Trade: % of GDP data is updated yearly, averaging 37.803 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 45.255 % in 1977 and a record low of 29.045 % in 1967. United Kingdom UK: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;

Goods Trade Balance in the United Kingdom increased to -17450 GBP Million in December from -18900 GBP Million in November of 2024. This dataset provides - United Kingdom Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Exports: Services: UK: Travel: Other Business & Personal data was reported at 12.061 USD bn in 2016. This records a decrease from the previous number of 12.587 USD bn for 2015. United States Exports: Services: UK: Travel: Other Business & Personal data is updated yearly, averaging 9.582 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 12.587 USD bn in 2015 and a record low of 7.986 USD bn in 2002. United States Exports: Services: UK: Travel: Other Business & Personal data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA027: Trade Statistics: Services: United Kingdom.

Experimental estimated value of exports and imports of services for 2018 for NUTS1, NUTS2, NUTS3 and 15 city regions, including industry and non-EU and EU split.

Graph and download economic data for Trade Deficit in the United Kingdom (TDFUKA) from 1816 to 2016 about budget, academic data, United Kingdom, and trade.

Since the first quarter of 2016, the total trade deficit of the UK has widened, most notably in the first half of 2022. As of the second quarter of 202 the UK's trade balance reached 19 billion British pounds.

  UK’s EU and non-EU trade   UK runs a trade deficit with the EU, but this is not the case regarding trade with countries outside the European Union. Since 2012, the value of UK goods exported to non-EU countries has persistenly been greater than imports made from these countries, resulting in a healthy trade surplus.

  International UK trade after Brexit   Following the Brexit referendum of 2016,the UK government has sought to renew a number of trade agreements that come automatically with EU membership, such as Free Trade Agreements (FTA) and Economic Partnership Agreements (EPA).

United Kingdom UK: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data was reported at -12.117 USD mn in 2017. This records an increase from the previous number of -24.460 USD mn for 2016. United Kingdom UK: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data is updated yearly, averaging -1.650 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 17.900 USD mn in 1980 and a record low of -55.938 USD mn in 2014. United Kingdom UK: Trade Balance: Emerging and Developing Economies: Sub-Saharan Africa: Madagascar data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s UK – Table UK.IMF.DOT: Trade Balance: by Country: Annual.

The United Kingdom imports more services and goods from the European Union than exporting them. Although this has been the case since at least 1999, after 2011 the UK-EU trade balance has been more pronounced as the present statistic lays out. When it comes to the UK’s trade with non-EU countries, the picture is decidedly different. Since 2012, the value of UK exports to non-EU countries was higher than the imports, which resulted in a trade surplus. US biggest export market, but EU weighs heavier As of 2023, the UK’s largest export market was outside the European Union. Yet taken as a bloc, the European Union still accounts for a large chunk of the UK’s international trade. Among these, Germany, the Netherlands, and France rank as the main export partners of the UK. UK-EU trade: most important commodities Machinery and transport equipment were the biggest trade commodity exported by the UK to the EU countries in 2020. The value of such exports were roughly 47.7 billion British pounds. In the same year, the UK imported more machinery and transport equipment from the EU than exported them. In total, the UK imported approximately 83.9 billion British pounds worth of such equipment.

Exports in the United Kingdom decreased to 69835 GBP Million in May from 70472 GBP Million in April of 2024. This dataset provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for United Kingdom (XTNTVA01GBM664N) from Jan 1955 to Dec 2024 about United Kingdom, trade, Net, and goods.

United Kingdom Exports to Brazil was US$3.49 Billion during 2024, according to the United Nations COMTRADE database on international trade. United Kingdom Exports to Brazil - data, historical chart and statistics - was last updated on March of 2025.

Graph and download economic data for Trade Prices: Export Prices in the United Kingdom (TVEXPPUKA) from 1772 to 2016 about academic data, exports, United Kingdom, trade, and price.