Frequent question: How many countries does the UK trade with?

The World Bank breaks down UK trade with more than 200 countries, from $719,000 worth of exports to Anguilla in the Eastern Caribbean, to many billions of dollars exchanged with economic powerhouses like the US, Germany and China.

What countries do the UK trade with?

List of the largest trading partners of United Kingdom

Rank Country Total trade
1 United States 182,583
2 Germany 134,927
3 Netherlands 85,977
4 France 81,192

Who are the UK’s main trading partners?

Also shown is each import country’s percentage of total UK exports.

  • United States: US$57.5 billion (14.3% of total UK exports)
  • Germany: $41.1 billion (10.2%)
  • Ireland: $27.5 billion (6.8%)
  • Netherlands: $24.9 billion (6.2%)
  • France: $23.7 billion (5.9%)
  • Switzerland: $19.4 billion (4.8%)
  • China: $18.6 billion (4.6%)

27.02.2021

How many countries does the UK export to?

The UK has a trade surplus (we export more than we import) with 67 territories, including Ireland, Switzerland, the United Arab Emirates, Saudi Arabia, Australia and Brazil.

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What countries do the UK trade with the most?

UK imports most from Germany

Although the United States was the largest export market, Germany was the country from which the UK imported the highest share of goods, with 12.9 percent of the UK’s imports coming from its European neighbor in 2019.

What is the UK’s biggest export?

The following is a list of the exports of the United Kingdom.

# Product Value (in millions of USD)
1 Cars 38,573
2 Gas turbines 26,385
3 Crude petroleum 23,673
4 Gold 23,316

Does the EU sell more to the UK?

The EU, taken as a whole is the UK’s largest trading partner. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). UK imports from the EU were £374 billion (52% of all UK imports). The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019.

Who is China’s biggest trade partner?

Searchable Datalist of Countries Consuming China’s Exports

Rank Importer Exports from China (US$)
1. United States $452,576,771,000
2. Hong Kong $272,658,016,000
3. Japan $142,641,690,000
4. Vietnam $113,813,694,000

What does the UK import the most?

Top 10

  • Gems, precious metals: US$108.4 billion (17.2% of total imports)
  • Machinery including computers: $70.2 billion (11.1%)
  • Vehicles: $58 billion (9.2%)
  • Electrical machinery, equipment: $55.8 billion (8.8%)
  • Mineral fuels including oil: $34 billion (5.4%)
  • Pharmaceuticals: $25.9 billion (4.1%)

18.03.2021

Who is France’s biggest trading partner?

France’s main trade partners are the European Union (Germany being the 1st customer and supplier), the United States and China.

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Does the UK rely on imports?

Value of trade in goods imports UK 2021, by commodity

Between April 2020 and April 2021, the United Kingdom imported over 151 billion British pounds worth of machinery and transport equipment goods, the most of any commodity in this year.

How much does the UK rely on China?

China: The UK imported 13.4% of all goods from China in Quarter 2 2020. The UK imported more goods from China (£11.0 billion) than from any other trading partner in Quarter 2 2020. This was the first quarter that China accounted for the largest proportion of UK imports of goods.

Who does the UK trade with 2021?

As of December 2020, the United Kingdom has concluded two new trade agreements with Japan and its biggest trading partner, the EU and agreed 35 trade continuity agreements covering 67 nations by June 2021; and begun other negotiations, notably to join the CPTPP.

What is the best trading platform UK?

Top 14 Trading Platforms in the UK

  1. eToro. eToro is considered the best social trading platform and is the world-leading copy trading broker. …
  2. Pepperstone. Pepperstone brokers only in forex (foreign exchange) and CFD (contract for differences). …
  3. Plus500. …
  4. XTB. …
  5. Capital.com. …
  6. IronFX. …
  7. Vantage FX. …
  8. SwitchMarkets.com.

5

Is the UK a country?

The United Kingdom of Great Britain and Northern Ireland (UK) is an island country that sits north-west of mainland Europe. It is made up of mainland Great Britain (England, Wales and Scotland) and the northern part of the island of Ireland (Northern Ireland).

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What were the biggest importers to the UK in 2020?

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United Kingdom Imports By Country Value Year
China $75.41B 2020
Germany $73.25B 2020
United States $58.21B 2020
Netherlands $45.53B 2020
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