United Kingdom (GBR)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
United Kingdom - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 14.1% $71.77B | 11.4% $91.98B | 12.4% $163.75B |
| 2 | China (CHN) | 9.1% $46.48B | 12.2% $98.46B | 11.0% $144.93B |
| 3 | Germany (DEU) | 7.5% $38.17B | 9.4% $76.22B | 8.7% $114.39B |
| 4 | France (FRA) | 5.5% $28.14B | 4.8% $38.81B | 5.1% $66.94B |
| 5 | Netherlands (NLD) | 6.5% $33.29B | 3.2% $26.19B | 4.5% $59.48B |
| 6 | Switzerland (CHE) | 5.7% $28.96B | 2.4% $19.22B | 3.7% $48.18B |
| 7 | Ireland (IRL) | 4.5% $23.13B | 2.5% $20.22B | 3.3% $43.36B |
| 8 | Italy (ITA) | 2.2% $11.07B | 3.9% $31.85B | 3.3% $42.91B |
| 9 | Belgium (BEL) | 4.1% $20.76B | 2.2% $18.20B | 3.0% $38.96B |
| 10 | Spain (ESP) | 2.3% $11.72B | 3.3% $26.68B | 2.9% $38.40B |
- In 2024, the United Kingdom's total trade reached $1.32T, comprising $508.7B in exports and $809.2B in imports, leading to a trade balance of -$300.5B.
- The United Kingdom holds a global rank of 8th in total trade, 12th in exports, and 4th in imports.
- The United States was the top destination for exports, receiving goods valued at $71.8B, which is 14.1% of the total.
- China was the largest source of imports, accounting for 12.2% of the total with a value of $98.5B.
- The leading export product category was Machinery and mechanical appliances (HS2 84), with a total export value of $84.9B.
- The top import category was also Machinery and mechanical appliances (HS2 84), valued at $94.5B.
United Kingdom's Trade Performance in 2024
In 2024, the United Kingdom's economy engaged in $1.32T of total trade. The country's exports were valued at $508.7B and its imports at $809.2B, resulting in a negative trade balance of -$300.5B. Based on these figures, the United Kingdom is ranked 8th globally in total trade.
Top Trade Partners
The United Kingdom's primary export partners in 2024 were the United States, China, Germany, and the Netherlands. Exports to the United States amounted to $71.8B (14.1% of total exports). On the import side, the top partners were China ($98.5B, 12.2% share), the United States ($92.0B, 11.4% share), and Germany ($76.2B, 9.4% share).
Top Traded Products
The most significant product categories for the United Kingdom's trade in 2024 reflect its diversified economy. The top export category was Machinery and mechanical appliances (HS2 84) at $84.9B, followed by Precious Metals and Stones (HS2 71) at $81.5B. For imports, the leading categories were also Machinery and mechanical appliances (HS2 84) at $94.5B and Precious Metals and Stones (HS2 71) at $92.0B, followed by Vehicles (HS2 87) at $87.6B.
Exports
United Kingdom - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
United Kingdom - export composition by product categories (Exports), 2024 (USD)
United Kingdom - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
United Kingdom - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.