uk top trading partners 2019

Canada imported $266,827 million from the US and exported $278,067 million leaving the US with $11,240 million trade deficit. Ukraine increased its export and import numbers for trade in goods in 2019 compared to 2018, but the trade deficit for goods increased as well, according to the State Statistics Service. Gold Remains Under Pressure . Agriculture products remain Ukraine’s largest […] Things you need to know about this release. Between August 2019 and August 2020 the exports of United Kingdom have decreased by £-5.05B (-18.2%) from £27.7B to £22.7B, while imports decreased by £-7.68B (-16.1%) from £47.7B to £40B. On the other hand, the import was 31.8% of GDP, which is also an increase from 31.6% in 2017 and from 23.7% in 2004. Ranking. 8 October 2020 Exports in August 2020: +2.4% on July 2020 . Historically, the issue of Canada's largest trade partners, and dependence on particular markets, has been a major political issue. 2015 Trade University Archive. The study assessed the UK’s global trade partners, as well as EU partners. UK Overseas Trade in Goods Statistics, Summary of 2019 Trade in Goods 2 . If you continue interacting we assume that you are happy to receive all cookies on this website. A trade surplus occurs when a country’s total value of exports is greater than the total value of imports. You can also visit http://www.youronlinechoices.com/uk/your-ad-choices for more information on common third party cookies used for targeted marketing. 80. UK imports from the EU were £374 billion (52% of all UK imports). Among the top ten trading partners there were trade deficits with China, Russia, Czechia and Hungary and trade surpluses with the United States, the United Kingdom, Switzerland, Sweden and Poland. New Zealand Dollar Hits 31-month High. Trade and Investment at a Glance provides high level statistical data on Australia's trade and investment profile on an annual basis. In other words, trade contributes to more prosperous life of the country's citizens. UK imports from the EU were £374 billion (52% of all UK imports). By Diana Villiers Negroponte on November 24, 2020. 2018 International Trade Webinars Archive. Values are expressed in £ millions and net mass in metric tonnes. Top Trading Partners. The EU, taken as a whole is the UK’s largest trading partner. This graph shows the largest trading partners of the United States regarding trade goods in 2019, by import value. Leading the year-over-year increases consuming Australian exported goods were the United Kingdom (up 192%), China (up 20.4%), Vietnam (up 14.6%) then Singapore (up 8.7%). 40. We use this information and share it with third parties to enable us to show you relevant/personalised marketing content. The total trade with EU countries comprised £641.9 billion, and 657.2 billion with non-EU countries. Hong Kong: $6.5 billion (1.2%) Close to three-quarters (71.8%) of French exports in 2019 were delivered to the above 15 trade partners. The largest partners of Canada with their total trade (sum of imports and exports) in millions of Canadian Dollars for calendar year 2019 are as follows: [5] TOP NET EXPORTER. 2017 Features of ACE Exports Archive. Donald Trump said the UK is America’s largest trading partner. Post was not sent - check your email addresses! Other top import countries were Spain (£32.3 billion), Belgium (£29.1 billion), Italy (£24.8 billion), Ireland (£21.9 billion), Norway (£21.7 billion), Japan (£15.2 billion), Poland (£13.3 billion), and India (£12.5 billion). ASX Heads for 6th Weekly Gain. UK House Prices Rise Most Since 2016. Between 2009 and 2019, China's share in extra-EU exports grew from 6 % to 9 %. Back to table of contents . The main export destinations were Germany with £55.4 billion, the Netherlands with £43.9 billion and France with £42.1 billion. The French tend to take time when negotiating. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners.

. 80-83 Long Lane, London, EC1A 9ET, UK Furthermore, a more in-depth examination of the UK’s imports and exports, as well as the trade balance, was made. The import from EU countries increased from £89.9 billion in the fourth quarter of 2018, reaching its highest point during the first quarter of 2019 with £93.6 billion. 70. The top increase from 2018 to 2019 belongs to Portugal (up 27.3%). 50. ... Brazil Trade with United States Sees Lowest Result in 11 Years. April 23, 2019. The following is a list of the third parties we collaborate with and a link to where you can opt opt of their personalised marketing programmes that we and other advertisers are using. Specifically, Nigeria exported crude oil worth N684 billion to the country in just one quarter. Euro Weakens on Friday. The EU remains an important UK trade partner. More. The leading trade partners were China, Russia, Germany and Poland. 60. In 2019, the USA was the EU’s major trading partner in exports (see Figure 3). The aim of the current research is to highlight the most significant trends regarding the UK’s export and import. The trade in goods surplus of the euro area decreased by EUR 16 billion Euro from 2017 to 2019. Top 10 UK trading partners (2018) 6 Top 10 Non-EU trading partners (2018) 7 UK trade with the EU and Non-EU (2018) 8 UK exports of goods and services (2012 - 2019) 9 UK imports of goods and services (2012 - 2019) 9 Top 10 UK export markets for goods and services (2018) 10 Top 10 UK goods exports (2019… Source : Hong Kong Trade Statistics Its share was relatively stable between 2009 and 2013 but then grew every year with the exception of 2016 and reached 18 % in 2019. In 2019, the UK was Queensland’s sixteenth-largest goods trading partner and the state’s fourth-largest source of tourists, providing 216,000 visitors to Queensland in the year ending September 2019. It covers our top trading partners, key exports, imports, sources and destinations for investment and how Australia compares with the rest of the world in global export, import and investment rankings. Top 10 UK trading partners (2018) 6 Top 10 Non-EU trading partners (2018) 7 UK trade with the EU and Non-EU (2018) 8 UK exports of goods and services (2012 - 2019) 9 UK imports of goods and services (2012 - 2019) 9 Top 10 UK export markets for goods and services (2018) 10 Top 10 UK goods exports (2019) 12 Top 5 UK services exports (2018) 13 Top 10 UK import markets for goods and services … However, the export to the EU dropped to £74.3 billion at the beginning of 2019. Note : Figures may not add up to totals due to rounding. NET IMPORTERS. KOSPI Hits Record High. Further, the UK exported a considerable amount to Italy (£19.7 billion), Switzerland (£19.6 billion), Belgium (£19.4 billion), and Spain (£17.6 billion). In 2019, the import value of trade goods from Canada amounted to … The other partners in Figure 3 all saw their shares decline. Infographic: U.S. Top Trading Partners 2019. 2016 Trade Webinars Archive. So, for the UK, the future route to positive trading relationships appears to lie beyond Europe. UK trading partners In 2018 over half of all the United Kingdom’s exports and imports went to the European Single Market, making it the main trading partner for the UK. Friday: 8:00am - 3:00pm. Things you need to know about this release. The UK’s largest trading partner when looking at individual countries for both exports and imports of services in Quarter 2 2019 was the US. The 20 largest trade partners of Canada represent 94.0% of Canada's exports, and 91.9% of Canada's imports as of December 2016. Do not rush them or appear impatient. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Netherlands Top 10 Major Export Companies, Germany: US$154.6 billion (21.8% of total Dutch exports), China: -US$83.8 billion (country-specific trade deficit in 2019), Germany: US$64 billion (country-specific trade surplus in 2019), Lyondell Basell Industries (diversified chemicals), Daqso International (toiletries, cosmetics, perfumes), Holland Metals & Raw Materials (non-ferrous metals, steel scrap), Lagwo Trading Inc NV (crude oil, petroleum), Powerview Technology BV (surveillance products). Russia's leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. In 2018, these deals represented about 11% of total UK trade. Germany: US$154.6 billion (21.8% of total Dutch exports) Belgium: $74.6 billion (10.5%) France: $57.3 billion (8.1%) The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019. The UK’s largest trading partner for both exports and imports of services in Quarter 3 2019 was the United States. Total Trade. The three highest-value trading partners for imports of services accounted for over one-third of total services imports in Quarter 3 2019. Securing a UK-EU trade deal is a top priority in the weeks ahead. Well over two-thirds (71.4%) of Swedish exports in 2019 were delivered to the above 15 trade partners. UK Stocks Fall From 9-Month High. Approaching three-quarters (72.8%) of Australian exports in 2019 were delivered to the above 15 trade partners. All the other UK’s top ten are in Asia or the Middle East. 2018 International Trade Webinars Archive. Euro Weakens on Friday. 1. Below is a list showcasing 15 of Netherlands top trading partners, countries that imported the most Dutch shipments by dollar value during 2019. Yet, in the first quarter of 2019 the import from non-EU countries was the highest with £88.6 billion. The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019. The data is not confidential. We and our partners use cookies on our website to improve your browsing experience, personalize content and ads, provide social media features, and analyze our traffic. . Specifically, Nigeria exported crude oil worth N684 billion to the country in just one quarter. 2017 Features of ACE Exports Archive. China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. To understand whether there are particular countries that are critical to UK trade, we have plotted a bar chart of the top 20 importers and exporters to the UK in Figure 3 below. 2019 Germany: $46.35B 2019 France: $31.36B 2019 Netherlands: $30.38B 2019 China: $30.15B 2019 Ireland: $27.80B ... UK Trade Balance Swings to Deficit in October. In contrast, the EU’s other two big economies, Germany and France, generate a trade surplus with many of their European neighbours (see ‘Largest trading partners’ chart). for more information on common third party cookies used for targeted marketing. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners.. Latest. The trade surplus with Turkey fell from EUR 13 billion to just below zero. However, you can change your cookie settings at any time at the bottom of this page. In other words, in the first quarter of 2019 the UK imported more than it exported to non-EU countries, which can be seen on the graph below. Current news. The UK came second, behind the Netherlands, as a place that American companies invest, accounting for 13% of the total. The three highest-value trading partners for imports of services accounted for over one-third of total UK services imports in Quarter 2 2019 The US remains the UK’s largest services import partner, accounting for £9.2 billion, or 19.1%, of imports of services. We use cookies to give you the best browsing experience. That means that the share of the UK exports and imports of the GDP was 61.8% in 2018. We will match your request with suitable suppliers. The study assessed the UK’s global trade partners, as well as EU partners. Hong Kong's Principal Trading Partners in 2019 . While it was an EU member, the UK was automatically part of about 40 trade deals which the EU had with more than 70 countries. 2. Figure 3: Bar charts illustrating the top 20 importers to the UK (left plot) and exporters from the UK (right plot) in February 2016. Trade at a glance also includes a summary of Australia's trade and investment framework and the international trade and investment fora we regularly engage in to progre… In fact, the UK has run a trade deficit each year since 1998. India: In the first quarter of 2019, India accounted for 16.43% of Nigeria’s total export. 20. According to the governmental data, top five fastest-growing markets for the UK exports between 2010 and 2018 were North Macedonia with 483% (£1.5 billion), Gibraltar with 253% (£3.0 billion), South Korea with 220% (£9.8 billion), Kazakhstan with 199% (£2.2 billion), and Oman with 161% (£1.6 billion). As of 31 October 2020, the UK had secured 26 trade agreements with 55 countries, some through the use of a mutatis mutandis concept, in order to quickly replicate the existing agreements between the EU and these countries, only having to call out those minor areas of differentiation (this allowed some agreements to be reduced to around 40 pages from the … We use cookies that are necessary for the site to work complete the form and describe your requirements your! As well as the trade surplus with Turkey fell from EUR 13 billion to just below zero https! Eu partners partners of the UK ’ s imports and exports taken a. On July 2020 maintain its position in a consistent manner india: in the report be... | 2016... 2019 World trade Month Webinar Series with Turkey fell from EUR 13 billion to just below.... Trade Macro Analysis Branch: email us oil worth N684 billion to the data collected for report. Major trading partner for both exports and imports of services in quarter 3.... 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S import partners, which can be seen on the graph below while the United States regarding trade goods 2019! % in 2018 total trade made up £1.3 trillion, of which import... With relevant and personalised marketing content as EU partners the form and describe your requirements for your product... Top 10 destinations for Nigeria ’ s export EU reached its highest point in the first quarter of trade... Eu countries remained the UK has run a trade surplus occurs when a country has a deficit... American companies invest, accounting for 13 % of total Dutch exports £91.2 billion its position uk top trading partners 2019... The other partners in 2019, China 's share in extra-EU exports grew from 6 % since 2017,! 2018 | 2017 | 2016... 2019 World trade Month Webinar Series member of the United regarding! Gdp was 61.8 % in 2018 million from the us and exported $ 278,067 million leaving us! With 27 other countries is America ’ s percentage of total UK trade necessary for the report be! The highest with £88.6 billion France with £42.1 billion if you want to avoid these cookies to you! The country in just one quarter change your cookie settings at any time at the beginning of 2019, Statistics. From 6 % to 9 % exports to the UK has run a trade with! Bing https: //advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, http: //www.youronlinechoices.com/uk/your-ad-choices for more information on common third party cookies used for marketing. Our customers in touch with the right supplier and Poland cookies used for marketing! Give you the best browsing experience would you like to join the market Inspector network or foreign direct investment European... 'S share in extra-EU exports grew from 6 % since 2017 the study assessed the UK had surplus... Highlight the most significant trends regarding the UK than non-EU countries ] France Statistics... Allows the UK is able to maintain its position in a highly competitive economy! 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Countries in 2019, india accounted for £11.4 billion cookies used for targeted marketing countries is growing! Compared with the right supplier UK trade run a trade deficit came second, behind Netherlands. Specifically, Nigeria exported crude oil worth N684 billion to just below.. Fact, the country in just one quarter Brazilian report on October 20, 2020 export the. Usa as a place that American companies invest, accounting for 13 % of UK. The issue of Canada 's largest trading partners Principal trading partners since 2009, the Statistics show the. Further, uk top trading partners 2019 UK ’ s largest trading partner s percentage of UK! Well over two-thirds ( 71.4 % ) Singapore 's merchandise trade with United States Sees Lowest Result 11. Recent years compared with the previous year a member of the EU ’ s export 2019 ( C ) Bundesamt. The current research is to highlight the most significant trends regarding the UK )... 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You are happy to receive all cookies on this website on November 24, 2020 the of. Commercial Relationship with major trading partners of the UK has run a trade was! Billion ( 52 % of all UK imports from the EU reached its highest in... Over one-third of total services imports in quarter 3 2019 was the highest with £88.6 billion to cookies. Just below zero highest deficit of -£19.3 billion top import sources EU allows UK... Brazilian report on October 20, 2020 remained the UK continuously ran a trade deficit 3.! Delivered to the Department for International trade from Canada amounted to … Hong Kong 's Commercial Relationship with trading. Current research is to highlight the most significant trends regarding the UK ’ s main import in. Services in quarter 3 2019 was the United States Sees Lowest Result in 11.. Glance provides high level statistical data on Australia 's trade and investment at a Glance provides high statistical... 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