2022
Exports
$29.4BWorld Rnk 8 / 210
Flag Rnk 2 / 1216
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$40.3BWorld Rnk 4 / 224
Flag Rnk 2 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $29.4B in Cars, making it the 8th largest exporter of Cars in the world. At the same year, Cars was the 2nd most exported product in United Kingdom. The main destination of Cars exports from United Kingdom are: United States ($6.77B), China ($4.09B), Germany ($2.59B), France ($1.56B), and Belgium ($1.43B).

The fastest growing export markets for Cars of United Kingdom between 2021 and 2022 were United Arab Emirates ($383M), South Korea ($199M), and France ($189M).

Imports In 2022, United Kingdom imported $40.3B in Cars, becoming the 4th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in United Kingdom. United Kingdom imports Cars primarily from: Germany ($12.3B), China ($4.24B), Spain ($3.44B), Czechia ($2.27B), and South Korea ($2.25B).

The fastest growing import markets in Cars for United Kingdom between 2021 and 2022 were China ($2.16B), Germany ($1.08B), and Mexico ($743M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (42), Cummins (28), and Amazon (3) were at the forefront of shipping Cars from United Kingdom to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-145M(-8.3%)
IMPORT GROWTH (August 2023 - August 2024)£-301M(-8.48%)
MAIN EXPORTER (August 2024)Southampton£1.31B
MAIN DESTINATION (August 2024)United States£383M

This section shows Cars's 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 destination or origin country to explore the exports or imports behavior of Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.4B
IMPORTS (2022)$40.3B
NET TRADE (2022)-$10.8B

In 2022, United Kingdom exported $29.4B in Cars. The main destinations of United Kingdom exports on Cars were United States ($6.77B), China ($4.09B), Germany ($2.59B), France ($1.56B), and Belgium ($1.43B).

In 2022, United Kingdom imported $40.3B in Cars, mainly from Germany ($12.3B), China ($4.24B), Spain ($3.44B), Czechia ($2.27B), and South Korea ($2.25B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
South Korea$199M (44.9%)
France$189M (13.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY United Kingdom WERE (2021 - 2022):
China-$476M (-10.4%)
Russia-$421M (-89%)
Belgium-$335M (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cars were:
In 2022, United Kingdom's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.39B
TOP IMPORT POTENTIALGermany+ $1.33B

Cars’s highest export potential is United States. With an export gap of $1.39B.   Cars’s highest import potential is Germany with an import gap of $1.33B.

See methodology.

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