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The following is a list of the exports of the United Kingdom. The UK exports to 160 nations. The UK is the fifth largest exporter. Data is for 2019, in millions of USD (United States dollars), as reported by International Trade Centre. Currently the top fifty exports are listed. #
Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade balance -Total for non-EU: 345,533: 341,932: 642,726: 41,138 - European Union (Total) 341,002
UK Government: $86.9 billion. Bank of England: $0.015 billion. The economy of the United Kingdom is a highly developed social market economy. [ 26][ 27][ 28] It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty-first by nominal GDP per ...
The size of a country’s economy is generally measured by Gross Domestic Product (GDP). Between the fourth quarter of 2023 and the first quarter of 2024 GDP in the UK rose by 0.6% .
The annual United Kingdom National Accounts ( The Blue Book) records and describes economic activity in the United Kingdom and as such is used by government, banks, academics and industries to formulate the economic and social policies and monitor the economic progress of the United Kingdom. It also allows international comparisons to be made.
The US/UK trade imbalance was perilously high, forcing the extension of rationing to lessen the imbalance and preserve precious US dollars for the servicing of loan repayments. [222] Successive governments squandered billions of Marshall Plan Aid to support British world power pretensions, and so jeopardised the economic future of Britain.
Relations between the European Union (EU) and the United Kingdom of Great Britain and Northern Ireland (UK) are governed, since 1 January 2021, by the EU–UK Trade and Cooperation Agreement (TCA). Relations trace back to the foundation of the European Communities, the European Union's predecessor, in 1957. The UK was a member state of the bloc ...
The Export Credits Guarantee Department ( ECGD ), branded as UK Export Finance ( UKEF ), is the export credit agency and a ministerial department of the Government of the United Kingdom . In 1920, UKEF had a maximum total exposure of just £26 million. Today, its maximum commitment stands at £50 billion.