United Kingdom (GBR) and Germany (DEU) Trade | The Observatory of Economic Complexity

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United Kingdom (GBR) and Germany (DEU) Trade

2022

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Exports $40.6BRnk 3 / 224

2022

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About

United Kingdom-Germany In 2022, United Kingdom exported $40.6B to Germany. The main products that United Kingdom exported to Germany are Crude Petroleum ($3.54B), Packaged Medicaments ($3.2B), and Aircraft Parts ($2.64B). During the last 27 years the exports of United Kingdom to Germany have increased at an annualized rate of 1.24%, from $29.1B in 1995 to $40.6B in 2022.

In 2019, United Kingdom exported services to Germany worth $19.3B, with Other business services ($7.85B), Financial services ($3.62B), and Travel ($2.9B) being the largest in terms of value.

Germany-United Kingdom In 2022, Germany exported $76.2B to United Kingdom. The main products that Germany exported to United Kingdom were Cars ($12.3B), Motor vehicles; parts and accessories (8701 to 8705) ($3.14B), and Packaged Medicaments ($3.01B). During the last 27 years the exports of Germany to United Kingdom have increased at an annualized rate of 2.45%, from $39.6B in 1995 to $76.2B in 2022.

In 2020, Germany exported services to United Kingdom worth $25.1B, with Other business services ($7.51B), Financial services ($6.04B), and Computer and information services ($3.74B) being the largest in terms of value.

Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £2.55B and imported £6.25B from Germany, resulting in a negative trade balance of £3.7B. Between January 2023 and January 2024 the exports of United Kingdom have increased by £9.39M (0.37%) from £2.54B to £2.55B, while imports increased by £877M (16.3%) from £5.38B to £6.25B.

Trade In January 2024, the top exports of United Kingdom to Germany were Cars (£212M), Aircraft parts including unmanned craft (£202M), Gas Turbines (£166M), Crude Petroleum (£148M), and Packaged Medicaments (£88.8M). In January 2024 the top imports of United Kingdom from Germany were Cars (£1.24B), Motor vehicles; parts and accessories (8701... (£184M), Packaged Medicaments (£144M), Delivery Trucks (£140M), and Vaccines, blood, antisera, toxins and cultures (£128M).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£974M), London Heathrow Airport (£147M), Immingham (£132M), East Midlands Airport (£121M), and Dover (£81.9M), while imports destinations were mainly Dover (£1.03B), London Heathrow Airport (£931M), Immingham (£771M), Eurotunnel (£456M), and Grimsby (£437M).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Germany was explained primarily by an increase in product exports in Gas Turbines (£75.6M or 83.3%), Crude Petroleum (£75.1M or 103%), and Cars (£73.4M or 53%). In January 2024, the increase in United Kingdom's year-by-year imports from Germany was explained primarily by an increase in product imports in Cars (£87.5M or 7.57%), Vaccines, blood, antisera, toxins and cultures (£60.5M or 89.5%), and Delivery Trucks (£40.6M or 40.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£9.39M(0.37%)

IMPORT GROWTH (January 2023 - January 2024)£877M(16.3%)

MAIN EXPORTER (January 2024)Dover Eurotunnel£974M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $40.6B to Germany. The main products exported from United Kingdom to Germany were Crude Petroleum ($3.54B), Packaged Medicaments ($3.2B), and Aircraft Parts ($2.64B). During the last 27 years the exports of United Kingdom to Germany have increased at an annualized rate of 1.24%, from $29.1B in 1995 to $40.6B in 2022.

In 2022, Germany exported $76.2B to United Kingdom. The main products exported from Germany to United Kingdom were Cars ($12.3B), Motor vehicles; parts and accessories (8701 to 8705) ($3.14B), and Packaged Medicaments ($3.01B). During the last 27 years the exports of Germany to United Kingdom have increased at an annualized rate of 2.45%, from $39.6B in 1995 to $76.2B in 2022.

Exports from United Kingdom () to Germany () (2022)

Exports from Germany () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Germany
Top DestinationUnited States$153B

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

In 2021, countries that imported more from United Kingdom than Germany were Ireland ($32.6B), United Arab Emirates ($11.5B), and Hong Kong ($9.19B).

In 2021, countries that imported more from Germany than United Kingdom were United States ($153B), France ($120B), and Austria ($86.5B).

Difference in imports from Germany () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United Kingdom had a large net trade with Germany in the exports of Machines ($9.7B), Transportation ($6.41B), and Chemical Products ($6.02B).

During 2022, Germany had a large net trade with United Kingdom in the exports of Transportation ($21B), Machines ($17.2B), and Chemical Products ($9.67B).

Service Trade

Bilateral Service Trade

Deu Year

Gbr Year

In 2019, United Kingdom exported services to Germany worth $19.3B, with Other business services ($7.85B), Financial services ($3.62B), and Travel ($2.9B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Germany () (2019)

Services Exports from Germany () to United Kingdom () (2020)

Economic Complexity

Competitive Landscape

Year

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

Product Space of United Kingdom () and Germany () (2022)

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