Mayfair FX - Blog Post 23

The UK’s Top 10 Trading Partners 2016

18:37 16 February in FX

You may be surprised by the top countries the UK Imports from & Exports to

As we are still very much at the beginning of 2017 we thought it was important to understand who the UK’s Top 10 Trading Partners are, just in case you didn’t already know. You may already be importing or exporting from / to these countries but with a quick refresh you may find new opportunities or surprises.

Top 10 UK Import Countries

RankCountry January to December 2016 (£m)January to December 2015 (£m)% Change 2016 / 2015
1GERMANY63,85560,8584.9
2UNITED STATES39,61835,29112.3
3CHINA39,24836,1038.7
4NETHERLANDS34,39531,05910.7
5FRANCE24,63624,0532.4
6BELGIUM23,36620,48014.1
7SWITZERLAND22,5668,895153.7
8ITALY17,25615,8209.1
9SPAIN16,02214,00514.4
10NORWAY13,42013,0402.9

SOURCE: HM REVENUE & CUSTOMS

 

Top 10 UK Export Countries

RankCountry January to December 2016 (£m)January to December 2015 (£m)% Change 2016 / 2015
1UNITED STATES45,43345,3130.3
2GERMANY32,26930,4785.9
3FRANCE19,36217,8438.5
4NETHERLANDS18,85517,3049
5IRISH REPUBLIC16,92216,6801.5
6SWITZERLAND14,62422,244-34.3
7CHINA13,42618,072-25.7
8BELGIUM11,61311,5890.2
9ITALY9,6698,41414.9
10SPAIN9,5888,8558.3

SOURCE: HM REVENUE & CUSTOMS

 

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