Germany (DEU) and United Kingdom (GBR) Trade

About

Germany-United Kingdom: In 2018, Germany exported $93.4B to United Kingdom. The main products exported from Germany to United Kingdom were Cars ($19.8B), Vehicle Parts ($4.28B), and Packaged Medicaments ($2.71B). During the last 23 years the exports of Germany to United Kingdom have increased at an annualized rate of 3.8%, from $39.6B in 1995 to $93.4B in 2018. In 2016, Germany exported services to United Kingdom worth $24.6B, with Other business services ($7.88B), Insurance services ($4.33B), and Computer and information services ($2.94B) being the largest in terms of value.

United Kingdom-Germany: In 2018, United Kingdom exported $45.5B to Germany. The main products exported from United Kingdom to Germany were Aircraft Parts ($4.61B), Cars ($3.19B), and Crude Petroleum ($2.57B). During the last 23 years the exports of United Kingdom to Germany have increased at an annualized rate of 2.36%, from $26.6B in 1995 to $45.5B in 2018. In 2016, United Kingdom exported services to Germany worth $3.61B, with Travel ($2.41B), Transportation ($1.08B), and Government services, n.i.e. ($109M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and United Kingdom was ranked 22 with a GDP Per Capita of $42,944.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, Germany exported $93.4B to United Kingdom. The main products exported from Germany to United Kingdom were Cars ($19.8B), Vehicle Parts ($4.28B), and Packaged Medicaments ($2.71B). During the last 23 years the exports of Germany to United Kingdom have increased at an annualized rate of 3.8%, from $39.6B in 1995 to $93.4B in 2018.

In 2018, United Kingdom exported $45.5B to Germany. The main products exported from United Kingdom to Germany were Aircraft Parts ($4.61B), Cars ($3.19B), and Crude Petroleum ($2.57B). During the last 23 years the exports of United Kingdom to Germany have increased at an annualized rate of 2.36%, from $26.6B in 1995 to $45.5B in 2018.

Monthly Trade

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Germany
Top Destination: United States, $132B

United Kingdom
Top Destination: United States, $61.9B

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

In 2018, countries that imported more from Germany than United Kingdom were France ($121B), China ($109B), and United States ($132B).

In 2018, countries that imported more from United Kingdom than Germany were Ireland ($27.4B), Hong Kong ($9.6B), and Qatar ($3.06B).

Comparative Advantage Germany - United Kingdom

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Year

Depth

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

During 2018, Germany had a large net trade with United Kingdom in the exports of Transportation ($30.5B), Machines ($21.9B), and Chemical Products ($10.2B).

During 2018, United Kingdom had a large net trade with Germany in the exports of Transportation ($9.89B), Machines ($9.67B), and Chemical Products ($7.66B).

Tariff Section

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Tariffs

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In N/A, Germany and United Kingdom are members of the European Union, so they have no Tariffs between each other regarding products.

Article 28 of the TFEU promotes the free circulation of goods within the EU by establishing a customs union. The customs union prohibits the charging of any duties on imports and exports within member states of the EU or the levying of any charge having the equivalent effect as a customs duty (CHEE). Duties are still payable on goods coming from countries outwith the EU but once the goods have passed through the import formalities of one member state they enjoy the same freedom of movement as goods originating within the EU.

To explore the different product levels and year available with data, visit our Tariff Explorer Section. Explore Tariff Data

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between Germany and United Kingdom. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Service Trade

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Bilateral Service Trade

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Deu YearGbr Year

In 2016, Germany exported services to United Kingdom worth $24.6B, with Other business services ($7.88B), Insurance services ($4.33B), and Computer and information services ($2.94B) being the largest in terms of value.

In 2016, United Kingdom exported services to Germany worth $3.61B, with Travel ($2.41B), Transportation ($1.08B), and Government services, n.i.e. ($109M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Germany has comparative advantage over United Kingdom. Similarly, the more red a dot/product is, the more United Kingdom has comparative advantage over Germany.

About

Product Trade

Bilateral Trade by Products

Monthly Trade

Market Competitiveness

Comparative Advantage Germany - United Kingdom

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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