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2022
Flag → Flag
Exports $58.6BRnk 10 / 211
2022
Flag → Flag
Top Product $7.78BComputers
2022
Flag → Flag
Exports $21.4BRnk 4 / 224
2022
Flag → Flag
Top Product $17.6BGold
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

China-United Kingdom Trade: In 2022, China exported $58.6B to United Kingdom. The main products that China exported to United Kingdom were Computers ($7.78B), Broadcasting Equipment ($6.27B), and Cars ($4.24B). Over the past 5 years the exports of China to United Kingdom have increased at an annualized rate of 79.2%, from $3.17B in 2017 to $58.6B in 2022.

In 2022, China did not export any services to United Kingdom.

United Kingdom-China Trade: In 2022, United Kingdom exported $21.4B to China. The main products that United Kingdom exported to China were Gold ($17.6B), Cars ($4.09B), and Crude Petroleum ($1.55B). Over the past 5 years the exports of United Kingdom to China have increased at an annualized rate of 69.7%,  from $1.52B in 2017 to $21.4B in 2022.

In 2019, United Kingdom exported services to China worth $5.89B, with Other business services ($1.52B), Travel ($1.38B), and Transportation ($1.19B) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $6.46B and imported $1.84B from United Kingdom, resulting in a positive trade balance of $4.62B. Between May 2023 and May 2024 the exports of China have decreased by $-490M (-7.05%) from $6.95B to $6.46B, while imports increased by $337M (22.4%) from $1.5B to $1.84B.

Trade In May 2024, the top exports of China to United Kingdom were Cars ($619M), Telephones ($413M), Computers ($291M), Light Fixtures ($189M), and Other toys ($154M). In May 2024 the top imports of China from United Kingdom were Crude Petroleum ($607M), Cars ($557M), Beauty Products ($159M), Scrap Copper ($46.5M), and Chemical Analysis Instruments ($38.6M).

Origins In May 2024 the exports of China were mainly from Guangdong Province ($1.63B), Zhejiang Province ($1.18B), Jiangsu Province ($924M), Shanghai Province ($527M), and Shandong Province ($462M), while imports destinations were mainly Shanghai Province ($513M), Beijing ($448M), Guangdong Province ($167M), Zhejiang Province ($150M), and Jiangsu Province ($140M).

Growth In May 2024, the decrease in China's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Laboratory Reagents ($-432M or -99.4%), Computers ($-154M or -34.6%), and Railway Cargo Containers ($-73.1M or -86.6%). In May 2024, the increase in China's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Crude Petroleum ($276M or 83.6%), Cars ($35.3M or 6.77%), and Carbonates ($13.1M or 1.77k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$-490M(-7.05%)
IMPORT GROWTH (May 2023 - May 2024)$337M(22.4%)
MAIN EXPORTER (May 2024)Guangdong Province$1.63B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check United Kingdom and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $58.6B to United Kingdom. The main products exported from China to United Kingdom were Computers ($7.78B), Broadcasting Equipment ($6.27B), and Cars ($4.24B). During the last 5 years the exports of China to United Kingdom have increased at an annualized rate of 79.2%, from $3.17B in 2017 to $58.6B in 2022.

In 2017, United Kingdom exported $21.4B to China. The main products exported from United Kingdom to China were Gold ($17.6B), Cars ($4.09B), and Crude Petroleum ($1.55B). During the last 22 years the exports of United Kingdom to China have increased at an annualized rate of 69.7%, from $1.52B in 1995 to $21.4B in 2017.

Exports from China (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top DestinationUnited States$551B
United Kingdom
Top DestinationUnited States$61.8B

This map shows whether countries import more from China or United Kingdom. Each country is colored based on the difference in imports they receive from China and United Kingdom or the difference in the growth in imports.

In 2022, countries that imported more from China than United Kingdom included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from United Kingdom than China included Ireland ($32.6B), North Macedonia ($2.03B), and Gibraltar ($671M).

Difference in imports from United Kingdom (Flag) and China (Flag) (2022)

Comparative Advantage China - United Kingdom

Flow
Scale

This chart compares trade between China and United Kingdom by product, considering products traded by both, China and United Kingdom.

During 2022, China had a large net trade with United Kingdom in the exports of Machines ($37.5B), Miscellaneous ($11.4B), and Textiles ($7.82B).

During 2017, United Kingdom had a large net trade with China in the exports of Precious Metals ($18.3B), Transportation ($4.62B), and Machines ($3.54B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China United Kingdom+$720MCars
Top Product Potential United Kingdom China+$1.71BCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, United Kingdom exported services to China worth $5.89B, with Other business services ($1.52B), Travel ($1.38B), and Transportation ($1.19B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to China (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and United Kingdom. This means that a dot/product with the flag of China indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over China.

Product Space of China (Flag) and United Kingdom (Flag) (2022)

Keep Exploring

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