Wednesday, August 28, 2019

UK Imports


The UK imports $611 billion in goods and services annually from other countries. The Biggest Customers for UK goods and services are listed below.

UK Imports 2018 by Country

Germany $91.57B
China $63.38B
US $63.25B
Netherlands $55.19B
France $37.68B
Belgium $34.65B
Italy $26.55B
Norway $25.23B
Spain $21.07B
Ireland $18.78B
Poland $14.39B
Canada $13.66B
Japan $12.91B
Turkey $11.54B
India $9.67B
Russia $9.44B
Sweden $9.40B
Denmark $8.91B
S Africa $8.05B
Czech Rep. $7.84B
Switzerland $7.41B
Vietnam $5.93B
S Korea $5.19B
Austria $5.15B


UK Imports 2019 - Imports to the UK dipped 2.6 percent from a month earlier to GBP 53.63 billion in June 2019, the third consecutive month of decline.

Purchases of goods went down 3.6 percent, mainly pushed down by machinery & transport equipment (-2.5%); miscellaneous manufactures (-2.9%); fuels (-13.2%); food & live animals (-6.8%); crude materials (-4.8%) and beverages & tobacco (-3.4%).

In contrast, services imports went up 0.3 percent. Among major trading partners,

Imports of goods from the EU dropped 1.3 percent, primarily from Germany (-11.9%), France (-0.6%), Italy (-0.9%), Spain (-0.9%) and Ireland (-4.9%).

By contrast, purchases went up mostly from the Netherlands (10%), Belgium (1.8%), Denmark (8.5%) and Sweden (19.5%).

Meantime, imports from non-EU countries slipped 6.2 percent, due to lower purchases from China (-3.4%), the US (-8.5%), Japan (-8.4%), Turkey (-19.5%), India (-27.4%), Russia (-9.3%) and Hong Kong (-20.1%).

Imports in the United Kingdom averaged 25958.73 GBP Million from 1955 until 2019, reaching an all-time high of 62200 GBP Million in March of 2019 and a record low of 1031 GBP Million in June of 1955.


Norb Leahy, Dunwoody GA Tea Party Leader


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