2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

China-United Kingdom Trade: In 2022, China exported $92.5B 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 9.58%, from $58.6B in 2017 to $92.5B in 2022.

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

United Kingdom-China Trade: In 2022, United Kingdom exported $35.4B 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 10.6%,  from $21.4B in 2017 to $35.4B 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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $92.5B 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 9.58%, from $58.6B in 2017 to $92.5B in 2022.

In 2017, United Kingdom exported $35.4B 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 5 years the exports of United Kingdom to China have increased at an annualized rate of 10.6%, from $21.4B in 2022 to $35.4B 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 Destination
United States$551B
United Kingdom
Top Destination
United 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)

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