HS Icon Cars in  Flag United Kingdom

2019
Exports | Imports
: $39.4B | $47.3B, World Rnk 7 / 221
Flag Rnk 1 / 1214 | World Rnk 3 / 225
Flag Rnk 2 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $230M | $437M, United States |  Japan

2019
ECONOMIC COMPLEXITY of United Kingdom
: 1.49, Rnk 14 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports: In 2019, United Kingdom exported $39.4B in Cars, making it the 7th 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 ($9.97B), China ($3.54B), Germany ($3.08B), Belgium ($2.93B), and Italy ($1.79B).

The fastest growing export markets for Cars of United Kingdom between 2018 and 2019 were United States ($230M), Israel ($115M), and Canada ($69.1M).

Imports: In 2019, United Kingdom imported $47.3B in Cars, becoming the 3rd 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 ($18.4B), Belgium ($7.65B), Spain ($3.76B), Japan ($2.65B), and Slovakia ($1.9B).

The fastest growing import markets in Cars for United Kingdom between 2018 and 2019 were Japan ($437M), Austria ($289M), and Slovakia ($190M).

Latest Trends (April 2021)

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Overview: In April 2021 United Kingdom's Cars exports accounted up to £2.01B and imports accounted up to £1.75B, resulting in a positive trade balance of £258M. Between April 2020 and April 2021 the exports of United Kingdom's   Cars have increased by £1.7B (538%) from £315M to £2.01B, while imports increased by £1.42B (432%) from £329M to £1.75B.

Destinations: In April 2021, Cars were exported mostly to United States (£385M), China (£325M), Germany (£144M), Belgium (£122M), and Italy (£92.4M), and were imported mostly from Germany (£843M), Belgium (£237M), South Korea (£138M), Spain (£77.6M), and Japan (£63.2M).

Growth: In April 2021, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to United States (£335M or 664%), China (£278M or 589%), and Germany (£123M or 570%). In April 2021, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Germany (£750M or 803%), Belgium (£147M or 164%), and South Korea (£138M or 44.7k%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): £1.7B, (538%)

IMPORT GROWTH (April 2020 - April 2021): £1.42B, (432%)

MAIN EXPORTER (April 2021): Southampton, £962M

MAIN DESTINATION (April 2021): United States, £385M

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.

For full datasets download visit Bulk Download page.

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Historical Data

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Value

EXPORTS (2019): $39.4B

IMPORTS (2019): $47.3B

NET TRADE (2019): -$7.93B

In 2019, United Kingdom exported $39.4B in Cars. The main destinations of United Kingdom exports on Cars were United States ($9.97B), China ($3.54B), Germany ($3.08B), Belgium ($2.93B), and Italy ($1.79B).

In 2019, United Kingdom imported $47.3B in Cars, mainly from Germany ($18.4B), Belgium ($7.65B), Spain ($3.76B), Japan ($2.65B), and Slovakia ($1.9B).

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IN 2019, United Kingdom HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2019, United Kingdom HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR United Kingdom WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY United Kingdom WERE (2018 - 2019):

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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:

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