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Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade balance -Total for non-EU: 345,533: 341,932: 642,726: 41,138 - European Union (Total) 341,002
The following is a list of the exports of the United Kingdom. The UK exports to 160 nations. The UK is the fifth largest exporter. Data is for 2019, in millions of USD (United States dollars), as reported by International Trade Centre. Currently the top fifty exports are listed. #
UK Government: $86.9 billion. Bank of England: $0.015 billion. The economy of the United Kingdom is a highly developed social market economy. [26] [27] [28] It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty-first by nominal GDP per ...
The United States accounts for the United Kingdom's largest single export market, buying $57 billion worth of British goods in 2007. Total trade of imports and exports between the United Kingdom and the United States amounted to the sum of $107.2 billion in 2007.
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland and England (including Wales, which had been treated as part of England since ...
The EU–UK Trade and Cooperation Agreement ( TCA) is a free trade agreement signed on 30 December 2020, between the European Union (EU), the European Atomic Energy Community (Euratom), and the United Kingdom (UK). It provisionally applied [3] [4] from 1 January 2021, when the Brexit transition period ended, [5] before formally entering into ...
The United Kingdom–United States Free Trade Agreement (UKUSFTA) is a proposed free trade agreement between the United Kingdom and the United States. The UK became legally able to independently negotiate trade agreements when it left the European Union from 1 January 2020 due to a transition period which lasted until the UK formally exited the EU.
The Export Credits Guarantee Department ( ECGD ), branded as UK Export Finance ( UKEF ), is the export credit agency and a ministerial department of the Government of the United Kingdom . In 1920, UKEF had a maximum total exposure of just £26 million. Today, its maximum commitment stands at £50 billion.