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2022
Flag → Flag
Exports $6.3BRnk 20 / 224
2022
Flag → Flag
Top Product $639MScrap Iron
2022
Flag → Flag
Exports $11.9BRnk 7 / 217
2022
Flag → Flag
Top Product $785MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
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
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

United Kingdom-India Trade: In 2022, United Kingdom exported $6.3B to India. The main products that United Kingdom exported to India were Scrap Iron ($639M), Scrap Aluminium ($382M), and Crude Petroleum ($379M). Over the past 5 years the exports of United Kingdom to India have increased at an annualized rate of 4.1%, from $5.15B in 2017 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 Trade: 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). Over the past 5 years the exports of India to United Kingdom have increased at an annualized rate of 4.99%,  from $9.33B in 2017 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 1.42), and 14 in total exports ($469B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £1.09B and imported £861M from India, resulting in a positive trade balance of £231M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-359M (-24.7%) from £1.45B to £1.09B, while imports increased by £17.2M (2.04%) from £843M to £861M.

Trade In August 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 August 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 August 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£822M), London Gateway (£98.5M), Felixstowe (£62M), Southampton (£39.6M), and London Stansted Airport (£13.2M), while imports destinations were mainly London Heathrow Airport (£189M), Felixstowe (£160M), Southampton (£115M), London Gateway (£95.2M), and London (£66.3M).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to India was explained primarily by an decrease in product exports in Silver (£-242M or -100%), Commodities not elsewhere specified (£-62.6M or -94.1%), and Gas Turbines (£-58.1M or -62.1%). In August 2024, the increase in United Kingdom's year-by-year imports  from India was explained primarily by an increase in product imports  in Telephones (£65.7M or 396%), Refined Petroleum (£65.2M or 380%), and Gas Turbines (£27.8M or 89.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-359M(-24.7%)
IMPORT GROWTH (August 2023 - August 2024)£17.2M(2.04%)
MAIN EXPORTER (August 2024)London Heathrow Airport£822M

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.

Explore India and United Kingdom Data

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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 5 years the exports of United Kingdom to India have increased at an annualized rate of 4.1%, from $5.15B in 2017 to $6.3B in 2022.

In 2017, 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 5 years the exports of India to United Kingdom have increased at an annualized rate of 4.99%, from $9.33B in 2022 to $11.9B in 2017.

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 2022, countries that imported more from United Kingdom than India included Ireland ($32.6B), Germany ($40.6B), and Netherlands ($41.9B).

In 2022, countries that imported more from India than United Kingdom included 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 2017, India had a large net trade with United Kingdom in the exports of Machines ($2.53B), Textiles ($2.01B), and Chemical Products ($1.28B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom India+$585MCrude Petroleum
Top Product Potential India United Kingdom+$1.21BRefined Petroleum

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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Economic Complexity

Competitive Landscape

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

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

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