Overview In August 2021 United Kingdom exported £24B and imported £38.8B, resulting in a negative trade balance of £14.8B. Between August 2020 and August 2021 the exports of United Kingdom have increased by £916M (3.98%) from £23B to £24B, while imports decreased by £-1.68B (-4.14%) from £40.5B to £38.8B.
Trade In August 2021, the top exports of United Kingdom were Commodities not elsewhere specified (£1.6B), Packaged Medicaments (£1.04B), Cars (£1.02B), Crude Petroleum (£958M), and Gas Turbines (£947M). In August 2021 the top imports of United Kingdom were Gold (£3.9B), Cars (£1.82B), Crude Petroleum (£1.3B), Packaged Medicaments (£881M), and Computers (£840M).
Origins In August 2021 the exports of United Kingdom were mainly from London Heathrow Airport (£4.86B), Dover (£3.31B), Southampton (£1.56B), East Midlands Airport (£1.01B), and Immingham (£983M), while imports destinations were mainly London Heathrow Airport (£7.06B), Felixstowe (£3.31B), Southampton (£2.2B), and Immingham (£830M).
Destinations In August 2021, United Kingdom exported mostly to United States (£3.28B), Germany (£2.18B), Netherlands (£2.06B), France (£1.37B), and China (£1.31B), and imported mostly from China (£5.11B), Germany (£3.93B), United States (£3.55B), Netherlands (£2.22B), and World (£2.07B).
Growth In August 2021, the increase in United Kingdom's year-by-year exports was explained primarily by an increase in exports to Netherlands (£709M or 52.4%), Belgium (£376M or 50.7%), and United Arab Emirates (£352M or 116%), and product exports increase in Commodities not elsewhere specified (£504M or 45.8%), Refined Petroleum (£208M or 54.8%), and Platinum (£203M or 27.6%). In August 2021, the decrease in United Kingdom's year-by-year imports was explained primarily by an decrease in imports from Uzbekistan (£-2.08B or -100%), Hong Kong (£-1.84B or -74.8%), and Singapore (£-523M or -77%), and product imports decrease in Gold (£-4.86B or -55.5%), Other Cloth Articles (£-358M or -89.1%), and Telephones (£-269M or -25%).