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2022
Flag → Flag
Exports $6.3BRnk 20 / 224
2022
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Top Product $639MScrap Iron
2022
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Exports $11.9BRnk 7 / 217
2022
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Top Product $785MBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

United Kingdom-India In 2022, United Kingdom exported $6.3B to India. The main products that United Kingdom exported to India are Scrap Iron ($639M), Scrap Aluminium ($382M), and Crude Petroleum ($379M). During the last 27 years the exports of United Kingdom to India have increased at an annualized rate of 3.56%, from $2.45B in 1995 to $6.3B in 2022.

In 2019, United Kingdom exported services to India worth $3.33B, with Travel ($1.16B), Other business services ($793M), and Transportation ($523M) being the largest in terms of value.

India-United Kingdom In 2022, India exported $11.9B to United Kingdom. The main products that India exported to United Kingdom were Broadcasting Equipment ($785M), Refined Petroleum ($738M), and Packaged Medicaments ($585M). During the last 27 years the exports of India to United Kingdom have increased at an annualized rate of 6.24%, from $2.32B in 1995 to $11.9B in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £537M and imported £595M from India, resulting in a negative trade balance of £58.2M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £147M (37.8%) from £389M to £537M, while imports decreased by £-273M (-31.5%) from £868M to £595M.

Trade In January 2024, the top exports of United Kingdom to India were Scrap Iron (£41.5M), Gas Turbines (£35.4M), Valves (£30.4M), Flexible Metal Tubing (£24.7M), and Scrap Aluminium (£16.4M). In January 2024 the top imports of United Kingdom from India were Refined Petroleum (£82.4M), Telephones (£82.3M), Gas Turbines (£58.9M), Packaged Medicaments (£42.5M), and Excavation Machinery (£22M).

Origins In January 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£243M), London Gateway (£119M), London Stansted Airport (£45.6M), Felixstowe (£35.7M), and Southampton (£20.2M), while imports destinations were mainly London Heathrow Airport (£146M), Felixstowe (£119M), Southampton (£104M), London Gateway (£74.8M), and Newport- Gwent (£28.3M).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to India was explained primarily by an increase in product exports in Scrap Iron (£35.9M or 640%), Flexible Metal Tubing (£24.6M or 40.8k%), and Valves (£13.2M or 76.9%). In January 2024, the decrease in United Kingdom's year-by-year imports  from India was explained primarily by an decrease in product imports  in Granite (£-7.83M or -68.4%), Rice (£-4.14M or -35.5%), and Other Furniture (£-3.5M or -44.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£147M(37.8%)
IMPORT GROWTH (January 2023 - January 2024)£-273M(-31.5%)
MAIN EXPORTER (January 2024)London Heathrow Airport£243M

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 India and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $6.3B to India. The main products exported from United Kingdom to India were Scrap Iron ($639M), Scrap Aluminium ($382M), and Crude Petroleum ($379M). During the last 27 years the exports of United Kingdom to India have increased at an annualized rate of 3.56%, from $2.45B in 1995 to $6.3B in 2022.

In 2022, India exported $11.9B to United Kingdom. The main products exported from India to United Kingdom were Broadcasting Equipment ($785M), Refined Petroleum ($738M), and Packaged Medicaments ($585M). During the last 27 years the exports of India to United Kingdom have increased at an annualized rate of 6.24%, from $2.32B in 1995 to $11.9B in 2022.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from United Kingdom than India were Ireland ($32.6B), Germany ($40.6B), and Netherlands ($41.9B).

In 2021, countries that imported more from India than United Kingdom were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage United Kingdom - India

Flow
Scale

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

During 2022, United Kingdom had a large net trade with India in the exports of Machines ($1.51B), Metals ($1.51B), and Mineral Products ($557M).

During 2022, India had a large net trade with United Kingdom in the exports of Machines ($2.53B), Textiles ($2.01B), and Chemical Products ($1.28B).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to India worth $3.33B, with Travel ($1.16B), Other business services ($793M), and Transportation ($523M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

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 India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over United Kingdom.

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

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