List of the largest trading partners of United Kingdom
| Rank | Country | Imports to UK |
|---|---|---|
| 1 | United States | 70,366 |
| 2 | Germany | 78,109 |
| 3 | Netherlands | 46,931 |
| 4 | France | 40,814 |
What does the UK supply to other countries?
The UK exports to 160 nations. The UK is the fifth largest exporter.
The following is a list of the exports of the United Kingdom.
| # | Product | Value (in millions of USD) |
|---|---|---|
| 1 | Cars | 38,574 |
| 2 | Gas turbines | 26,385 |
| 3 | Crude petroleum | 23,673 |
| 4 | Gold | 23,316 |
What countries does the UK trade with?
UK trade with the Commonwealth is heavily concentrated on five Commonwealth countries – India, Australia, Canada, Singapore and South Africa.
Does UK depend on China?
Main points. In 2021, China was the UK’s largest import partner and sixth-largest export partner for goods. The UK imported £63.6 billion of goods from China in 2021 (13.3% of all goods imports to the UK) and exported £18.8 billion of goods (5.8% of all goods exports from the UK).
What does China buy from UK?
| United Kingdom Imports from China | Value | Year |
|---|---|---|
| Iron and steel | $141.82M | 2021 |
| Wadding, felt, nonwovens, yarns, twine, cordage | $135.91M | 2021 |
| Residues, wastes of food industry, animal fodder | $135.10M | 2021 |
| Clocks and watches | $130.36M | 2021 |
Does Russia supply anything to the UK?
UK reliance on Russian fossil fuels
In 2021 imports from Russia made up 4% of gas used in the UK, 9% of oil and 27% of coal. In 2021, imports of gas, oil and coal from Russian to the UK were worth a combined £4.5 billion.
Who is UK’s biggest trading partner?
Also shown is each import country’s percentage of total UK exports.
- United States: US$59.9 billion (13% of total UK exports)
- Switzerland: $39.5 billion (8.6%)
- Germany: $38.8 billion (8.4%)
- Netherlands: $34.3 billion (7.5%)
- France: $25.6 billion (5.6%)
- Ireland: $22.2 billion (4.8%)
- China: $20.9 billion (4.5%)
Who is the UK’s biggest importer?
List of the largest trading partners of United Kingdom
| Rank | Country | Imports to UK |
|---|---|---|
| – | Total for non-EU | 300,974 |
| – | European Union (Total) | 341,002 |
| 1 | United States | 70,366 |
| 2 | Germany | 78,109 |
Which country does UK export the most?
United States
Destinations In August 2022, United Kingdom exported mostly to United States (£4.61B), China (£3.34B), Netherlands (£2.97B), Ireland (£2.7B), and Germany (£2.66B), and imported mostly from Germany (£5.3B), Norway (£5.09B), China (£5.03B), Netherlands (£4.82B), and United States (£4.73B).
Does the UK import anything from Russia?
Imports of non-ferrous metals, which accounted for the largest share of total imports of material manufactures from Russia, totalled £6.0 million in June 2022, a decrease of £107 million (94.7%) compared with the monthly average for the 12 months to February 2022.
Is UK richer than China?
The UK’s economy is significantly smaller than China’s, standing at $2.76 trillion (£2.08 trillion).
Does the UK give money to China?
According to official UK bilateral aid statistics, the UK spent £68.4 million on aid to China in 2019, up from £44.7 million in 2015.
What does India import from UK?
| United Kingdom Imports from India | Value | Year |
|---|---|---|
| Pearls, precious stones, metals, coins | $1.21B | 2021 |
| Machinery, nuclear reactors, boilers | $1.03B | 2021 |
| Electrical, electronic equipment | $968.65M | 2021 |
| Pharmaceutical products | $692.82M | 2021 |
What does China buy from India?
On the other hand, India’s biggest exports to China include iron ore, cotton, and other raw-material-based commodities.
What does China own in London?
Chinese property companies own London skyscrapers the Cheesegrater and the Walkie-Talkie. Chinese brands such as Lenovo and Huawei are building a presence in the UK while Chinese investment companies have bought stakes in Diageo, Thames Water and Heathrow Airport.
What UK companies are owned by China?
The list of investments drawn up by the Sunday Times includes Hinkley Point C nuclear power station, Heathrow Airport, Northumbrian Water, pub retailer Greene King and Superdrug.
What UK needs from Russia?
These include palladium, platinum and silver among others and are used for a wide range of purposes including in catalytic converters, solar panels and batteries. The main exports from the UK to Russia in 2021 were machinery and transport equipment (£1.5 billion) and chemicals (£0.7 billion).
Can UK survive without Russian gas?
Replacing 130 bcm of natural gas imports from Russia within a year would be a significant challenge, but, as our rough estimates show, not impossible.
Is Britain self sufficient in food?
The UK is largely self-sufficient in production of grains, producing over 100% of domestic consumption of oats and barley and over 90% of wheat. Average yields over recent decades have been broadly stable but fluctuate from year to year as a result of better or worse weather.
Why is the UK important to the US?
U.S.-UNITED KINGDOM RELATIONS
The United States has no closer Ally than the United Kingdom. Following the end of the American Revolution in 1783, the United Kingdom officially recognized American independence, and in 1785 our two countries established diplomatic relations.
How does the UK make money?
Most UK government revenue is from tax
Read more (GDP. It is the monetary value of all market production in a particular area (usually a country) in a given period (usually a year). Read more). The primary source of revenue is taxation, which is forecast to raise £732 billion in 2021–22, or 32% of GDP.