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2023
Flag → Flag
Exports $59.7BRnk 1 / 223
2023
Flag → Flag
Top Product $6.59BCars
2023
Flag → Flag
Exports $78.3BRnk 6 / 220
2023
Flag → Flag
Top Product $10.2BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

United Kingdom-United States Trade: In 2023, United Kingdom exported $59.7B to United States. The main products that United Kingdom exported to United States were Cars ($6.59B), Gas Turbines ($3.89B), and Packaged Medicaments ($3.42B). Over the past 5 years the exports of United Kingdom to United States have increased at an annualized rate of 1.11%, from $56.5B in 2018 to $59.7B in 2023.

In 2019, United Kingdom exported services to United States worth $92.3B, with Other business services ($42.8B), Financial services ($16.8B), and Insurance services ($10.5B) being the largest in terms of value.

United States-United Kingdom Trade: In 2023, United States exported $78.3B to United Kingdom. The main products that United States exported to United Kingdom were Crude Petroleum ($10.2B), Gold ($7.96B), and Gas Turbines ($5.32B). Over the past 5 years the exports of United States to United Kingdom have increased at an annualized rate of 9.01%,  from $50.9B in 2018 to $78.3B in 2023.

In 2017, United States exported services to United Kingdom worth $162B, with Financial services ($106B), Other business services ($17B), and Travel ($11.8B) being the largest in terms of value.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £5.22B and imported £4.59B from United States, resulting in a positive trade balance of £637M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £158M (3.12%) from £5.06B to £5.22B, while imports decreased by £-131M (-2.78%) from £4.72B to £4.59B.

Trade In November 2024, the top exports of United Kingdom to United States were Nitrogen Heterocyclic Compounds (£430M), Cars (£344M), Gas Turbines (£267M), Packaged Medicaments (£199M), and Refined Petroleum (£153M). In November 2024 the top imports of United Kingdom from United States were Petroleum Gas (£1.78B), Crude Petroleum (£1.22B), Gold (£652M), Nitrogen Heterocyclic Compounds (£632M), and Gas Turbines (£477M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£2.08B), Southampton (£1.11B), Liverpool (£410M), London Gateway (£335M), and London Stansted Airport (£291M), while imports destinations were mainly London Heathrow Airport (£1.46B), Southampton (£539M), London Stansted Airport (£414M), Liverpool (£365M), and Milford (£355M).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to United States was explained primarily by an increase in product exports in Nitrogen Heterocyclic Compounds (£397M or 1.23k%), Commodities not elsewhere specified (£43.4M or 86.1%), and Cars (£41.3M or 13.6%). In November 2024, the decrease in United Kingdom's year-by-year imports  from United States was explained primarily by an decrease in product imports  in Diamonds (£-28.2M or -69.4%), Paintings (£-21.3M or -49.5%), and Inedible Fats and Oils (£-17.4M or -99.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£158M(3.12%)
IMPORT GROWTH (November 2023 - November 2024)£-131M(-2.78%)
MAIN EXPORTER (November 2024)London Heathrow Airport£2.08B

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 United States and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $59.7B to United States. The main products exported from United Kingdom to United States were Cars ($6.59B), Gas Turbines ($3.89B), and Packaged Medicaments ($3.42B). During the last 5 years the exports of United Kingdom to United States have increased at an annualized rate of 1.11%, from $56.5B in 2018 to $59.7B in 2023.

In 2018, United States exported $78.3B to United Kingdom. The main products exported from United States to United Kingdom were Crude Petroleum ($10.2B), Gold ($7.96B), and Gas Turbines ($5.32B). During the last 5 years the exports of United States to United Kingdom have increased at an annualized rate of 9.01%, from $50.9B in 2023 to $78.3B in 2018.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from United Kingdom than United States included Ireland ($29.1B), Cyprus ($1.48B), and North Macedonia ($1.52B).

In 2023, countries that imported more from United States than United Kingdom included Canada ($269B), Mexico ($243B), and China ($154B).

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

Comparative Advantage United Kingdom - United States

Flow
Scale

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

During 2023, United Kingdom had a large net trade with United States in the exports of Machines ($16.6B), Transportation ($11.3B), and Chemical Products ($10.4B).

During 2018, United States had a large net trade with United Kingdom in the exports of Machines ($18.2B), Mineral Products ($18.1B), and Chemical Products ($9.41B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom United States+$1.39BCars
Top Product Potential United States United Kingdom+$1.17BRefined 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 United States. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over United Kingdom.

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

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