Cars in United Kingdom

EXPORTS (2018): $43.4B, World Rnk 5 / 209
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TOP DESTINATION (2018): $9.74B, United States

FASTEST GROWING IN MARKET (2017 - 2018): $934M, United States

IMPORTS (2018): $48.5B, World Rnk 3 / 220
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TOP ORIGIN (2018): $19.8B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $788M, United States

ECONOMIC COMPLEXITY of United Kingdom (2018): 1.49, Rnk 13 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Exports: In 2018, United Kingdom exported $43.4B in Cars, making it the 5th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in United Kingdom. The main destination of Cars exports from United Kingdom are: United States ($9.74B), China ($4.74B), Belgium-Luxembourg ($3.24B), Germany ($3.19B), and Italy ($2.03B).

The fastest growing export markets for Cars of United Kingdom between 2017 and 2018 were United States ($934M), Netherlands ($601M), and Japan ($277M).

Imports: In 2018, United Kingdom imported $48.5B in Cars, becoming the 3rd largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in United Kingdom. United Kingdom imports Cars primarily from: Germany ($19.8B), Belgium-Luxembourg ($7.52B), Spain ($3.61B), Japan ($2.21B), and Czechia ($1.79B).

The fastest growing import markets in Cars for United Kingdom between 2017 and 2018 were United States ($788M), Czechia ($483M), and Belgium-Luxembourg ($482M).

Value

EXPORTS (2018): $43.4B

IMPORTS (2018): $48.5B

NET TRADE (2018): -$5.15B

In 2018, United Kingdom exported $43.4B in Cars. The main destinations of United Kingdom exports on Cars were United States ($9.74B), China ($4.74B), Belgium-Luxembourg ($3.24B), Germany ($3.19B), and Italy ($2.03B).

In 2018, United Kingdom imported $48.5B in Cars, mainly from Germany ($19.8B), Belgium-Luxembourg ($7.52B), Spain ($3.61B), Japan ($2.21B), and Czechia ($1.79B).

IN 2018, United Kingdom HAD A POSITIVE NET TRADE IN Cars WITH:

  • United States, $8.79B ($9.74B - $956M)
  • China, $4.6B ($4.74B - $140M)
  • Italy, $1.15B ($2.03B - $875M)

IN 2018, United Kingdom HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Germany, -$16.6B ($3.19B - $19.8B)
  • Belgium-Luxembourg, -$4.29B ($3.24B - $7.52B)
  • Spain, -$1.84B ($1.77B - $3.61B)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR United Kingdom WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY United Kingdom WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, United Kingdom's main exporting competitors in Cars were:

In 2018, United Kingdom's main importing competitors in Cars were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in United Kingdom. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts