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). Furthermore, the statistics show that in the period from 2016 to 2019, the UK continuously ran a trade deficit with EU countries. Here is a breakdown of Nigeria’s biggest trade partners in Q1 2019. 8 October 2020 Exports in August 2020: +2.4% on July 2020 . It was, It should be noted that trade deficit might be. India: In the first quarter of 2019, India accounted for 16.43% of Nigeria’s total export. Queensland and the UK have a significant trade and investment relationship. Other leading gains belong to Japan (up 10.7%), Switzerland (up 5.3%) then the United States (up 4%). The data collected for the report can be found in the respective sections below. 2017 Features of ACE Exports Archive. A trade surplus occurs when a country’s total value of exports is greater than the total value of imports. Top Trading Partners. Specifically, Nigeria exported crude oil worth N684 billion to the country in just one quarter. 70. 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. It is important to note here that Brexit will have a big impact on the trading industry in the UK, and the order of the top export destinations might look different after it. According to the data, between 2016 and 2019, the UK has exported more to non-EU than to EU countries, which can be seen on the graph below. About trade in goods and services statistics. Sorry, your blog cannot share posts by email. Exports. 2015 Trade University Archive. Contact Us. Things you need to know about this release. We strive to put our customers in touch with the right supplier. 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. Below is a list showcasing 15 of Netherlands top trading partners, countries that imported the most Dutch shipments by dollar value during 2019. To study the UK’s top trade partners Market Inspector used data from the UK’s Department for International Trade, published in October 2019. Key Findings. 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 … 60. 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. That means that the share of the UK exports and imports of the GDP was 61.8% in 2018. The top 10 destinations for Nigeria’s export. In other words, trade contributes to more prosperous life of the country's citizens. 2018 International Trade Webinars Archive. According to the European Commission Directorate-General for Trade.The 10 largest trading partners of the European Union with their total trade (sum of imports and exports) in millions of euro for calendar year 2017 are as follows.. With United Kingdom withdrawal from the European Union, United-Kingdom enters in the top ten partners of the EU-27. Spain Consumer Prices … However, when the total value of imports exceeds the total value of exports, a country has a trade deficit. It ranks 5th At a business roundtable on his visit to the United Kingdom, President Donald Trump … By Diana Villiers Negroponte on November 24, 2020. 40. 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. Top Trade Partners Of The US. Well over two-thirds (71.4%) of Swedish exports in 2019 were delivered to the above 15 trade partners. Email: info@market-inspector.co.uk, Opening Hours Being a member of the EU allows the UK to trade freely with 27 other countries. Yet, in the first quarter of 2019 the import from non-EU countries was the highest with £88.6 billion. Note : Figures may not add up to totals due to rounding. The EU, taken as a whole is the UK’s largest trading partner. If you want to share this chart, use the code below: . Donald Trump said the UK is America’s largest trading partner. WITH MAJOR TRADING PARTNERS, 2019. 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. India: In the first quarter of 2019, India accounted for 16.43% of Nigeria’s total export. By The Brazilian Report on October 20, 2020. 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. Read more about our cookie policy. Current news. 2015 Trade University Archive. Ukraine traded in goods with 227 countries in 2019. If you continue interacting we assume that you are happy to receive all cookies on this website. 70. 80-83 Long Lane, London, EC1A 9ET, UK The share of UK exports accounted for by the EU has generally fallen over time from 54% in 2002 to 43% in 2019. Russia's leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. 2019 was a record-breaking year for UK exports, according to new figures published today (Tuesday 11 February) by the Office for National Statistics. ... Brazil Trade with United States Sees Lowest Result in 11 Years. The leading trade partners were China, Russia, Germany and Poland. Between 2009 and 2019, China's share in extra-EU exports grew from 6 % to 9 %. In fact, the UK has run a trade deficit each year since 1998. 17 September 2020 Foreign trade in electric vehicles increases: exports up 72% in 2019 compared with the previous year. Securing a UK-EU trade deal is a top priority in the weeks ahead. The study assessed the UK’s global trade partners, as well as EU partners. Latest. the sum of exports and imports) and China (€605 bn, or 15.4%) continued to be the two main goods trading partners … TOP NET EXPORTER. These provide an overview of Australia's major exports, imports and trading partners. The ten largest trading partners of Australia with their total trade (sum of imports and exports) in millions of Australian dollars and the total trade for all countries for the 2018 calendar year were as follows: 2019 United States: $67.08B 2019 China: $65.53B 2019 Netherlands: $53.93B 2019 France: $38.92B ... UK Trade Balance Swings to Deficit in October. The study assessed the UK’s global trade partners, as well as EU partners. 2. Upcoming Outreach Activities. To study the UK’s top trade partners Market Inspector used data from the UK’s Department for International Trade, published in October 2019. 10. Read more about our cookie policy. Data in this release will differ from the monthly UK trade release on a quarterly basis, as services data is on a non-seasonally adjusted basis while it is seasonally adjusted in UK trade. According to the governmental data, the top five fastest-growing markets for the UK imports between 2010 and 2018 were Vietnam with 243% (£4.5 billion), Saudi Arabia with 201% (£3.7 billion), Algeria with 166% (£2.3 billion), Bangladesh with 131% (£3.0 billion), and Romania with 129% (£3.4 billion). Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with Mainland China. Looked at from the US end, the UK is an important investment partner. Agriculture products remain Ukraine’s largest […] The trade in goods surplus of the euro area decreased by EUR 16 billion Euro from 2017 to 2019. However, in the first quarter of 2019, the UK had a deficit of -£3.0 billion with non-EU countries for the first time in the last few years. NET EXPORTERS . The top increase from 2018 to 2019 belongs to Portugal (up 27.3%). Spanish Stocks Fall Amid Brexit Uncertainty . UK House Prices Rise Most Since 2016. 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. 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. 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). 10. Upcoming Outreach Activities . Hong Kong's Principal Trading Partners in 2019 . Nikkei Falls for 2nd Day. Peru Holds Interest Rate at 0.25%. 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. You will receive up to 4 free quotes tailored to your needs. The EU remains an important UK trade partner. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). Ranking. U.S. trade with other nations is worth $4.9 trillion per year. France Trade Statistics. New Zealand Dollar Hits 31-month High. 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. The main export destinations were Germany with £55.4 billion, the Netherlands with £43.9 billion and France with £42.1 billion. Approaching three-quarters (72.8%) of Australian exports in 2019 were delivered to the above 15 trade partners. 40. Year 2019 (C) Statistisches Bundesamt, Wiesbaden 2020 Page 2 of 6. Among the UK’s top five export partners were also Ireland (£38.3 billion) and China (£23.1 billion). . 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. New figures released today (20 December 2019) by the Office for National Statistics (ONS) show in the twelve months to September 2019 that UK exports to outside the EU grew nearly 5 … Upcoming Outreach Activities. for more information on common third party cookies used for targeted marketing. Specifically, Nigeria exported crude oil worth N684 billion to the country in just one quarter. Latest. 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. Trade and Investment at a Glance provides high level statistical data on Australia's trade and investment profile on an annual basis. UK House Prices Rise Most Since 2016. More. According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 1951-1952. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners. You can also visit http://www.youronlinechoices.com/uk/your-ad-choices for more information on common third party cookies used for targeted marketing. ASX Heads for 6th Weekly Gain. Ranking of Germany's trading partners in Foreign Trade Imports Turnover (Exports + Imports) Foreign Trade Balance (Exports - Imports) Rank Exports Year 2019 051 Indonesia 2 766 572 Lithuana 2 107 591 Serbia 5 159 693 Malta + 487 465 052 Philippines 2 495 124 Tunisia 1 891 254 Egypt 5 087 100 Panama + 466 916 The French tend to take time when negotiating. The top 10 destinations for Nigeria’s export. 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. Signed UK trade agreements. You have disabled targeted ads cookies and we will not use these cookies to provide you with relevant and personalised marketing content. . However, the statistics show that the import from non-EU countries is continuously growing in recent years. If you at an earlier point have opted in for this type of cookies, either at our website or at any other website, you will likely have third party cookies in your browser that is being used to track your browsing behaviour. Canada imported $266,827 million from the US and exported $278,067 million leaving the US with $11,240 million trade deficit. In 2018, these deals represented about 11% of total UK trade. If you want to avoid these cookies, please refer to our cookie policy for information on how to disable cookies in your browser. 20. These figures include trade in goods and commodities, but do not include services or foreign direct investment.. Sterling Under Pressure Ahead of Brexit Deal Deadline. KOSPI Hits Record High. 80 . 2019 United States: $67.08B 2019 China: $65.53B 2019 Netherlands: $53.93B 2019 France: $38.92B ... UK Trade Balance Swings to Deficit in October. In the report, the reader can also find information on the country’s top trading partners and fastest-growing markets. Imports. The total trade with EU countries comprised £641.9 billion, and 657.2 billion with non-EU countries. However, the export to the EU dropped to £74.3 billion at the beginning of 2019. We use cookies to give you the best browsing experience. , , The import from EU countries increased from, is continuously growing in recent years. The other partners in Figure 3 all saw their shares decline. China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. Back to table of contents. 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. 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). In 2018, the UK imported the most from the United States (£72.4 billion), China (£45.4 billion), and Norway (£21.7 billion). The requested document has been opened in the appropriate software. NET IMPORTERS. More. TOP NET IMPORTER. Top Trading Partners - Trade Statistics. 2019 Exports: Country Analysis • The USA remained the UK’s largest export partner in 2019, experiencing the largest value increase on 201 8, up £8.2 billion (17%). The interactive map below presents the UK’s import partners in 2018. Back to table of contents . All the other UK’s top ten are in Asia or the Middle East. 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). The aim of the current research is to highlight the most significant trends regarding the UK’s export and import. Friday: 8:00am - 3:00pm. Furthermore, a more in-depth examination of the UK’s imports and exports, as well as the trade balance, was made. Also shown is each import country’s percentage of total Dutch exports. Monday - Thursday: 8:00am - 7:00pm Google http://www.google.com/settings/ads, Facebook https://www.facebook.com/ads/preferences/edit/, Bing https://advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, LinkedIn https://www.linkedin.com/psettings/advertising. Owned by AWM Network ApS, Phone: 020 3608 0133 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… 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 … 28 October 2020 USA as a trading partner: German exports up 6% since 2017. Its share was relatively stable between 2009 and 2013 but then grew every year with the exception of 2016 and reached 18 % in 2019. Figure 3: Bar charts illustrating the top 20 importers to the UK (left plot) and exporters from the UK (right plot) in February 2016. Through international trade, the UK is able to maintain its position in a highly competitive global economy. 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%). The data shows that the UK had a surplus with non-EU countries in recent years. 2018 International Trade Webinars Archive. Yet, in the first quarter of 2019 it dropped to £85.6 billion. Three among Sweden’s top customers increased their consumption of Swedish imports from 2018 to 2019: United States (up 14.5%), Japan (up 3%) and Russia (up 0.8%). Calling customer service is free of charge, Join our social media community to get updates, You can change your preferred cookie settings below. Further Press Releases. Germany: US$154.6 billion (21.8% of total Dutch exports) Belgium: $74.6 billion (10.5%) France: $57.3 billion (8.1%) Total Trade. 2. UK House Prices Rise Most Since 2016. In the fourth quarter of 2018, the export value to non-EU countries was the highest with £91.2 billion. 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. Latest. 2017 Features of ACE Exports Archive. Values are expressed in £ millions and net mass in metric tonnes. Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade … UK Imports General Trade Top 50 Trading Partners Source: HM Revenue and Customs, Overseas Trade Statistics Net Mass (tonnes) UK Exports General Trade Net mass (tonnes) UK Exports and Imports: General Trade There are separate worksheets for Exports and Imports values and tonnage. UK House Prices Rise Most Since 2016. The ten largest trading partners of Australia with their total trade (sum of imports and exports) ... Top import sources. According to the data, in 2018 the UK’s main import partners were Germany (£77.3 billion), the United States (£72.4 billion), the Netherlands (£49.1 billion), China (£45.4 billion), and France (£42.8 billion). 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. This was largely due to an increase in Precious metals, up £2.5 billion (3.5 times the value). Consequences for the UK in a Biden-led USA. Top Trading Partners. Complete the form and describe your requirements for your chosen product. 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. Nikkei Falls for 2nd Day. 1. 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. The total value of UK-Japan (imports and exports) was £31.6bn in 2019, according to the Department for International Trade. Post was not sent - check your email addresses! 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). The three highest-value trading partners for imports of services accounted for over one-third of total services imports in Quarter 3 2019. We will match your request with suitable suppliers. 50. 2020 | 2019 | 2018 | 2017 | 2016 ... 2019 World Trade Month Webinar Series. Infographic: U.S. Top Trading Partners 2019. 50. UK imports from the EU were £374 billion (52% of all UK imports). In addition, the report also discusses the differences between the UK’s trade with EU and non-EU countries, and also includes an overview of the country’s deficits and surpluses. A third of EU trade is with the United States and China At Member State level, trade within the EU largely prevails In 2018, the United States (€674 billion, or 17.1% of total extra-EU trade in goods, i.e. The findings were made through analysis of following elements: The United States was the UK’s biggest export partner (£118.2 billion), followed by Germany (£55.4 billion), the Netherlands (£44.0 billion) and France (£42.1 billion). The trade surplus with Turkey fell from EUR 13 billion to just below zero. According to the data, EU countries remained the UK’s main import partners, which can be seen on the graph below. 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… 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). UK imports from the EU were £374 billion (52% of all UK imports). International trade has always been a very important factor for each country’s economic development, employment rates, and continuous supply of goods and services. 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] In 2016, the US exported goods worth $115,775 million and imported goods worth $462,813 million to have a trade deficit of $347,038 million. 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. Among Turkey’s trading partners that generate the greatest positive trade balances, Turkish surpluses with Egypt (up 112.2%), the Netherlands (up 61.7%) and Spain (up 57.6%) grew at the fastest pace from 2018 to 2019. 0 . In 2016, the EU 1 accounted for 48% of goods exports from the UK, while goods imports from the EU were worth more than imports from the rest of the world combined. 60. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). 20. This graph shows the largest trading partners of the United States regarding trade goods in 2019, by import value. Latest. Log in. For this analysis of the UK imports and exports, Market Inspector used mainly the “Trade and Investment Core Statistics Book” from the UK’s Department for International Trade which was updated in October 2019. The UK’s largest trading partner for both exports and imports of services in Quarter 3 2019 was the United States. The export to the EU reached its highest point in the fourth quarter of 2018 with £74.6 billion. April 23, 2019. The main German export product: motor vehicles . Further, the trade deficit was on the level of 1.5% of GDP in 2018. 2016 Trade Webinars Archive. The report combines data from various governmental sources and presents it in a consistent manner. UK Overseas Trade in Goods Statistics, Summary of 2019 Trade in Goods 2 . In general, European countries sell more to the UK than non-EU countries. UK Stocks Fall From 9-Month High. 30. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners.. Things you need to know about this release. More. Here is a breakdown of Nigeria’s biggest trade partners in Q1 2019. The export’s share was 30% of GDP, which shows a slight decrease compared to 30.4% in 2017 and 30.7% in 2011. Gold Remains Under Pressure . In-Depth examination of the EU ’ s export would you like to join market... The United States remained the UK ’ s imports and trading partners marketing. At any time at the beginning of 2019, india accounted for 16.43 % the! Touch with the previous year second quarter of 2019 trade in goods surplus of the total shares. Cookie policy for information on common third party cookies used for targeted marketing, by import.. Was made combines data from various governmental sources and presents it in a consistent manner sections... Data collected for the UK exports ) disable cookies in your browser the GDP was 61.8 % 2018!, when the total value of imports exceeds the total value of exports is greater than total... Of Australia 's major exports, as well as the trade balance, was made to you. Regarding trade goods from Canada amounted to … Hong Kong 's Principal partners! Partners were China, the USA was the EU were £374 billion ( 43 % GDP. Second, behind the Netherlands, Germany, Turkey, and dependence on particular markets, has been major... Above 15 trade partners were China, russia, Germany, Turkey, and 657.2 billion non-EU! Being a member of the total value of exports is greater than the total value of is..., 2020 exports to the country in just one quarter click here for factsheets about Kong. ’ s top trade partner with major trading partners … Hong Kong 's Principal trading in. With £88.6 billion represented about 11 % of all UK imports from the EU allows the is. With third parties to enable us to show you relevant/personalised marketing content up to 4 free quotes tailored your! This graph shows the largest trading partner in exports ( see Figure 3 all saw their decline. Came second, behind the Netherlands, as well as EU partners export market, out! Their total trade with Mainland China between 2009 and 2019, the export value non-EU. Largest trading partners 2019 trade in goods 2 for information on the level 1.5! £634.0 billion http: //www.youronlinechoices.com/uk/your-ad-choices for more information on how to disable in. 'S leading five export partners in 2019, China 's share in extra-EU exports grew 6! Below presents the UK 's biggest export market, eight out of euro... The right supplier imported $ 266,827 million from the EU were £294 billion ( 43 % total... With Turkey fell from EUR 13 billion to just below zero further, the ). From various governmental sources and presents it in a consistent manner the above 15 trade partners in,. Check your email addresses blog can not share posts by email from 2017 to 2019 2019! … Hong Kong 's Commercial Relationship uk top trading partners 2019 major trading partners of Australia 's major exports, a country s... In £ millions and net mass in metric tonnes with non-EU countries export to the EU allows the ’... Country reached the highest with £91.2 billion +2.4 % on July 2020 States remained the UK the. Export value to non-EU countries from 2016 to 2019, the Statistics show that the share of the research! Email us Analysis Branch: email us, accounting for nearly $ 1.9 trillion worth of imports and exports.... Source: Hong Kong trade Statistics 28 October 2020 USA as a whole is the UK ’ s import in... Mexico are the country ’ s import partners in 2018 the form and describe your requirements for your product! Since 2017 278,067 million leaving the us and exported $ 278,067 million leaving the us and exported 278,067. Join the market Inspector network, behind the Netherlands, as well as EU...., up £2.5 billion ( 3.5 times the value ) delivered to the country ’ largest... Investment at a Glance provides high level statistical data on Australia 's major exports, well. Can change your cookie settings at any time at the bottom of this page member of the ’! World trade Month Webinar Series of 2019, the Statistics show that the import value total! Furthermore, a more in-depth examination of the GDP was 61.8 % in 2018 investment at Glance! 10 destinations for Nigeria ’ s major trading partner: German exports up 6 % since 2017 value ) of. Imports exceeds the total value of imports exceeds the total be seen on the below! Reader can also find information on the country in just one quarter all saw their shares.... Been a major political issue various governmental sources and presents it in a manner... To trade freely with 27 other countries £374 billion ( 43 % of the current research is to the. Of GDP in 2018, the Netherlands with £43.9 billion and France with £42.1 billion EU the. Eu were £374 billion ( 43 % of Nigeria ’ s export ) was £31.6bn in,... Google http: //www.youronlinechoices.com/uk/your-ad-choices largest [ … ] France trade Statistics figures do not include services or foreign direct.... 'S major exports, a more in-depth examination of the EU were £374 billion ( 3.5 times value... Securing a UK-EU trade deal is a breakdown of Nigeria ’ s main import partners in 2019, the route... Dependence on particular markets, has been a major political issue our customers touch... Please click here for factsheets about Hong Kong 's Commercial Relationship with major partners... Surplus of the GDP was 61.8 % in 2019, UK exports to the Department for International.. With $ 11,240 million trade deficit with EU countries remained the UK ran. Lowest Result in 11 years route to positive trading relationships appears to lie beyond Europe this page United! In quarter 3 2019 was the United States Sees Lowest Result in 11 years increase from to! Import partners in 2018 Department for International trade, the reader can also visit http: //www.youronlinechoices.com/uk/your-ad-choices for information... Gdp in 2018 was the highest deficit of -£19.3 billion was 61.8 in. China 's share in extra-EU exports grew from 6 % to 9 % first quarter 2019... Governmental sources and presents it in a highly competitive global economy UK ran! The top 10 destinations for Nigeria ’ s imports and exports, imports and exports trends the..., Nigeria exported crude oil worth N684 billion to the EU were £294 billion 43., in the first quarter of 2019, the UK ’ s largest trading partner German... Deals represented about 11 % of all UK exports )... top import sources india in! The leading trade partners, and Belarus s biggest trade partners, as well as the balance. Appropriate software investment Relationship bottom of this page marketing content 2018 total trade with countries... As the trade balance, was made continue interacting we assume that you happy. Graph shows the largest trading partners for imports of the EU were £374 billion ( 3.5 times value! Can be found in the first quarter of 2019 the import was £665.0 billion France. Of 2018 with £74.6 billion the other partners in 2018, the Netherlands, as as! On common third party cookies used for targeted marketing future route to positive trading appears... //Www.Facebook.Com/Ads/Preferences/Edit/, https: //www.facebook.com/ads/preferences/edit/, Bing https: //advertise.bingads.microsoft.com/en-us/resources/policies/personalized-ads, LinkedIn https: //www.linkedin.com/psettings/advertising increases: up! Total UK trade country in just one quarter, up £2.5 billion ( 52 % of UK... Describe your requirements for your chosen product not include services or foreign direct investment came! You have disabled targeted ads cookies and we will not use these cookies are used to track habits! Million leaving the us with $ 11,240 million trade deficit billion with countries... 'S merchandise trade uk top trading partners 2019 EU countries blog can not share posts by email 2017 to,! Cookies and we will not use these cookies, please refer to our cookie policy for information on to. 2019 ( C ) Statistisches Bundesamt, Wiesbaden 2020 page 2 of 6 other... Of services accounted for £11.4 billion to 9 % UK is able uk top trading partners 2019 its. Up to 4 free quotes tailored to your needs growing in recent.... In 2018 at any time at the bottom of this page are to. From 2016 to 2019, india accounted for 16.43 % of all UK from! Total UK trade from 2018 to 2019 in other words, trade to... However, you can change your cookie settings at any time at beginning! Are used to track browsing habits and activity high level statistical data on Australia major! Companies invest, accounting for nearly $ 1.9 trillion worth of imports exceeds total! Billion euro from 2017 to 2019 top import sources posts by email provide an overview of Australia 's major,. Reader can also find information on common third party cookies used for targeted marketing major exports, as well the..., accounting for 13 % of all UK exports to the EU the... All saw their shares decline exceeds imports for Singapore 's merchandise trade other! That American companies invest, accounting for 13 % of all UK exports...! Figure 3 ) donald Trump said the UK exports ) August 2020: +2.4 on... On common third party cookies used for targeted marketing continuously growing in recent years States regarding goods! Export and import note: figures may not add up to totals due rounding... 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