2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Germany-United Kingdom Trade: In 2023, Germany exported $76.4B to United Kingdom. The main products that Germany exported to United Kingdom were Cars ($15.6B), Motor vehicles; parts and accessories (8701 to 8705) ($3.17B), and Gold ($3.06B). Over the past 5 years the exports of Germany to United Kingdom have decreased at an annualized rate of 3.53%, from $91.4B in 2018 to $76.4B in 2023.

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.

United Kingdom-Germany Trade: In 2023, United Kingdom exported $34.6B to Germany. The main products that United Kingdom exported to Germany were Cars ($4.28B), Aircraft parts (gliders, balloons, and powered aircraft) ($3.04B), and Crude Petroleum ($2.5B). Over the past 5 years the exports of United Kingdom to Germany have decreased at an annualized rate of 2.58%,  from $39.4B in 2018 to $34.6B in 2023.

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.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $76.4B to United Kingdom. The main products exported from Germany to United Kingdom were Cars ($15.6B), Motor vehicles; parts and accessories (8701 to 8705) ($3.17B), and Gold ($3.06B). During the last 5 years the exports of Germany to United Kingdom have decreased at an annualized rate of 3.53%, from $91.4B in 2018 to $76.4B in 2023.

In 2018, United Kingdom exported $34.6B to Germany. The main products exported from United Kingdom to Germany were Cars ($4.28B), Aircraft parts (gliders, balloons, and powered aircraft) ($3.04B), and Crude Petroleum ($2.5B). During the last 5 years the exports of United Kingdom to Germany have decreased at an annualized rate of 2.58%, from $39.4B in 2023 to $34.6B in 2018.

Exports from Germany (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
United Kingdom
Top Destination
United States$59.7B

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

In 2023, countries that imported more from Germany than United Kingdom included United States ($157B), France ($118B), and Italy ($94.7B).

In 2023, countries that imported more from United Kingdom than Germany included Ireland ($29.1B), Hong Kong ($17B), and Nigeria ($1.91B).

Difference in imports from United Kingdom (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - United Kingdom

Flow
Scale

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

During 2023, Germany had a large net trade with United Kingdom in the exports of Transportation ($24.2B), Machines ($16.5B), and Chemical Products ($8.04B).

During 2018, United Kingdom had a large net trade with Germany in the exports of Transportation ($8.91B), Machines ($8.68B), and Chemical Products ($4.04B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany United Kingdom+$1.33BCars
Top Product Potential United Kingdom Germany+$1.23BCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

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.

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 Germany (Flag) to United Kingdom (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and United Kingdom. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and United Kingdom (Flag) (2023)

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