UK Customs Data - A Trade Data Report on UK Imports and Exports

The United Kingdom or commonly known as Britain is a sovereign state in Europe and 22^nd most populous country. Its capital is London and four countries include – Scotland, Wales, England and Northern Ireland. As far as the economy of United Kingdom is concerned, it has the 5^th largest economy by GDP in the world and 9^th largest economy by purchasing power parity. This developed country is considered to have high-income economy and categorized as very high in the Human Development Index, ranking 14^th in the world. According to the UK import export data, the country imported cars and exported machinery the most in the financial year 2015-16. Get an overall analysis of United Kingdom imports and exports along with its economy by going through the UK customs data right here.

Geography

Location: Western Europe, islands - including the northern one-sixth of the island of Ireland - between the North Atlantic Ocean and the North Sea; northwest of France

Geographic Coordinates: 54 00 N, 2 00 W

Area: 243,610 sq. km (Total); 241,930 sq. km (Land); 1,680 sq. km (Water)

Land Boundaries: 443 km (Total)

Border Countries (1): Ireland 443 km

Coastline: 12,429 km

Climate: temperate; moderated by prevailing southwest winds over the North Atlantic Current; more than one-half of the days are overcast

Natural Resources: petroleum, coal, iron ore, natural gas, zinc, lead, gold, tin, salt, limestone, clay, gypsum, chalk, potash, slate, silica sand, arable land

Irrigated Land: 950 sq. km (2012)

Total Renewable Water Resources: 147 cu km (2011)

Government

Country Name: United Kingdom of Great Britain and Northern Ireland (Conventional Long Term); United Kingdom (Conventional Short Term)

Government Type: Parliamentary Constitutional Monarchy; a Commonwealth Realm

Capital: London

Time Difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Independence: 12 April 1927

National Holiday: the UK does not celebrate one particular national holiday

Chief of State: Queen ELIZABETH II (since 6 February 1952)

Head of Government: Prime Minister Theresa MAY (since 13 July 2016)

National Symbol: Lion

National Colours: Red, White & Blue

National Anthem: "God Save the Queen"

Economy

With partially regulated market economy, the United Kingdom is today the 5^th largest economy in the world and the 2^nd largest in Europe after Germany. As per the facts and figures revealed by Export Genius, UK’s imports were higher than its exports during the financial year 2015-16. The country imported cars and exported machinery the most in the said period as per UK customs data. The largest import partner and export partner of the United Kingdom was Germany and the United States of America respectively.

If we have an overall assessment of UK’s various industries through an eye of trade data of UK, the automotive industry is a significant part of the country’s manufacturing sector. And the aerospace industry of the UK is the 2^nd or 3^rd largest national aerospace industry in the world depending upon the method of measurement. Let’s go through the UK customs data & trade statistics to analyse the economy of the country right here.

Trade in Balance of 2015: USD -163307280000 (Trade Deficit)

Trade Value of UK Exports of 2015: USD 465921609000

Trade Value of UK Imports of 2015: USD 629228889000

GDP (Purchasing Power Parity): $2.679 trillion (2015 estimation)

GDP (Official Exchange Rate): $2.849 trillion (2015 estimation)

GDP (Real Growth Rate): 2.2% (2015 estimation)

GDP (Per Capita): $41,200 (2015 estimation)

Gross National Saving: 12.8% of GDP (2015 estimation)

Trade Report on UK Import Export Data

United Kingdom Customs Data of Imports:-

List of Top 10 UK Imports of 2015: Vehicles Other Than Railway, Tramway (12.41%); Machinery, Nuclear Reactors, Boilers, etc. (12.32%); Electrical, Electronic Equipment (9.58%); Mineral Fuels, Oils, Distillation Products, etc. (8.09%); Pharmaceutical Products (5.35%); Pearls, Precious Stones, Metals, Coins, etc. (5.1%); Optical, Photo, Technical, Medical, etc. (2.91%); Plastics and Articles (2.84%); Aircraft, Spacecraft, and Parts (2.52%) and Articles of Apparel, Accessories, Knit or Crochet (2.12%).

List of Top 10 Exporter Countries from which UK Imported Products the Most in 2015: Germany (15%); China (10%); United States of America (9.2%); Netherlands (7.5%); France (6.1%); Belgium (5%): Italy (4%); Spain (3.4%); Ireland (3%) and Norway (3%).

United Kingdom Customs Data of Exports:-

List of Top 10 UK Exports of 2015: Machinery, Nuclear Reactors, Boilers, etc. (13.81%); Pearls, Precious Stones, Metals, Coins, etc. (11.82%); Vehicles Other Than Railway, Tramway (10.89%); Pharmaceutical Products (7.71%); Mineral Fuels, Oils, Distillation Products, etc. (7.05%); Electrical, Electronic Equipment (6.24%); Aircraft, Spacecraft and Parts (4.08%); Optical, Photo, Technical, Medical, etc. (3.94%); Organic Chemicals (2.99%) and Plastics and Articles (2.54%).

List of Top 10 Importer Countries from which UK Exported Products the Most in 2015: United States of America (14.9%); Germany (10%); Switzerland (7.3%); China (5.9%); France (5.8%); Netherlands (5.7%); Ireland (5.5%); Belgium (3.8%); Spain (2.9%) and Italy (2.8%).

Major Industries and Agricultural Products of United Kingdom

As per the UK customs data and trade report, the country is the largest producer of mineral fuels, oils, cars, pharmaceutical products, precious stones, organic chemicals and so on. Have a look on the list of major industries and agricultural products of the United Kingdom right below.

Serial Number	Major Industries and Agricultural Products of UK
1.	Clothing
2.	Textiles
3.	Food Processing
4.	Paper & Paper Products
5.	Petroleum
6.	Coal
7.	Chemicals
8.	Metals
9.	Electronics & Communications Equipment
10.	Motor Vehicles & Parts
11.	Aircraft
12.	Shipbuilding
13.	Railroad Equipment
14.	Automation Equipment
15.	Electric Power Equipment
16.	Machines Tools
17.	Agricultural Products - Fish, Poultry, Sheep, Cattle, Vegetables, Potatoes, Oilseed & Cereals

List of 10 Major Seaports of United Kingdom: 

1. Felixstowe
2. Southampton
3. Tilbury
4. Teesport
5. Liverpool
6. Portbury
7. Smethwick
8. Belfast
9. Charleston
10. Manchester

Major Airports of United Kingdom: 

1. London
2. London – Heathrow, 
3. Cambridge
4. Leeds Bradford
5. Newcastle
6. Glasgow
7. Birmingham
8. Bristol
9. Dundee
10. Foula

This trade data report of UK imports and exports has been revealed by Export Genius, a popular name in the market research company. We collect UK import export data from the United Kingdom customs in order to provide the most accurate facts and figures of UK traded products to our clients. 

Reach us and find our import export data services right at www.exportgenius.in