Who is the UK's biggest importer?

In 2021, the UK imported £63.6 billion of goods from China. This accounted for 13.3% of all goods imports, making China our largest importing partner.

What are the UK's largest imports?

In November 2022 the top imports of United Kingdom were Cars (£3.25B), Petroleum Gas (£2.93B), Gold (£2.64B), Crude Petroleum (£2.31B), and Commodities not elsewhere specified (£2.22B).

Who is the UK's largest trade partner?

The EU, taken as a whole is the UK's largest trading partner. In 2021, UK exports to the EU were £267 billion (42% of all UK exports). UK imports from the EU were £292 billion (45% of all UK imports).

What are the top 5 countries UK imports to?

Who is Germany's biggest trading partner?

China was Germany's biggest trading partner in 2022 for the seventh year in a row, figures published Thursday showed, as policymakers worry about economic over-reliance on Beijing.

Who Does The UK Trade With Most? - Data Dive

What's Britain's biggest export?

What is Britain's main export?

Principal British exports include machinery, automobiles and other transport equipment, electrical and electronic equipment (including computers), chemicals, and oil. Services, particularly financial services, are another major export and contribute positively to Britain's trade balance.

Why does the UK import so much?

The UK is extremely densely populated. To give you an example, the UK has roughly the same population as France, but France is twice the size. This means that the UK does not have as much farmland for growing food. It is often cheaper to import foods from other countries rather than grow them locally.

What are the top 3 importing countries?

World's 10 Largest Importers

The United States is the world's largest importer of goods, followed by China and Germany.

Who does Mexico trade with the most?

The United States is Mexico's most important trading partner, and U.S.-based companies account for more than half of Mexico's foreign investment. The United States is also the source of between two-fifths and one-half of Mexican imports and the destination for some four-fifths of the country's exports.

What is China's biggest import?

In December 2022 the top imports of China were Integrated Circuits ($34.6B), Crude Petroleum ($30.7B), Petroleum Gas ($9.27B), Gold ($9.12B), and Iron Ore ($8.37B).

Who trades more China or USA?

China is currently our largest goods trading partner with $559.2 billion in total (two way) goods trade during 2020. Goods exports totaled $124.5 billion; goods imports totaled $434.7 billion. The U.S. goods trade deficit with China was $310.3 billion in 2020.

What is America's biggest export?

What is the US number 1 import?

Petroleum is the most popular import in 12 states, making it the most common import across America. In 2021, about 72% of imported petroleum was crude oil, which was then domestically refined into products like gasoline, diesel, or jet fuel.

What is America's biggest import?

Does the UK import food from USA?

In 2021, the top U.S. agricultural exports to the UK include wine and related products ($195 million), tree nuts ($173 million), prepared foods ($152 million), and distilled spirits ($107 million).

Where does the UK make most of its money?

The sectors that contribute most to the U.K.'s GDP are services, manufacturing, construction, and tourism.