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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. #
The sluggish world market, which was at its weakest in the 1880s, was keenly felt in the export-reliant economy of the UK. British quinquennial export averages did not return to their pre-1873 levels (£235 million between 1870 and 1874) until 1895–99, slumping to £192 million in 1879.
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
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 ...
Brexit. The economic effects of Brexit were a major area of debate [1] during and after the referendum on UK membership of the European Union. The majority of economists believe that Brexit has harmed the UK's economy and reduced its real per capita income in the long term, and the referendum itself damaged the economy.
History. Manufacturing in the United Kingdom expanded on an unprecedented scale in the 19th century. Innovation in Britain led to revolutionary changes in manufacturing, the development of factory systems, and growth of transportation by railway and steam ship that spread around the world. [4] Its growth was driven by international trading ...
As of May 2023, the United Kingdom has 38 active free trade agreements with nations and trade blocs, covering 100 countries and territories. [3] [1] Five of these are 'new' trade agreements, such as with Australia and New Zealand. [4] The remaining 33 are continuity agreements. Furthermore, the UK has a customs union with its three Crown ...
UK Trade & Investment ( UKTI) was a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. [ 2] It was replaced in July 2016 by the Department for International Trade.