Overview In June 2022 United Kingdom exported £33B and imported £54.7B, resulting in a negative trade balance of £21.7B. Between June 2021 and June 2022 the exports of United Kingdom have increased by £5.8B (21.3%) from £27.2B to £33B, while imports increased by £9.86B (22%) from £44.8B to £54.7B.
Trade In June 2022, the top exports of United Kingdom were Gold (£2.33B), Gas Turbines (£1.99B), Cars (£1.67B), Packaged Medicaments (£1.49B), and Refined Petroleum (£1.41B). In June 2022 the top imports of United Kingdom were Crude Petroleum (£3.28B), Cars (£3.21B), Gold (£2.46B), Refined Petroleum (£2.45B), and Commodities not elsewhere specified (£1.99B).
Origins In June 2022 the exports of United Kingdom were mainly from London Heathrow Airport (£7.14B), Dover Eurotunnel (£4.55B), Southampton (£2.43B), East Midlands Airport (£1.38B), and Immingham (£1.28B), while imports destinations were mainly London Heathrow Airport (£6.76B), Felixstowe (£4.37B), Dover Eurotunnel (£4.32B), Dover (£3.58B), and Southampton (£3.47B).
Destinations In June 2022, United Kingdom exported mostly to United States (£4.1B), Netherlands (£2.96B), Germany (£2.69B), Ireland (£2.57B), and France (£2.04B), and imported mostly from Germany (£5.79B), China (£5.24B), United States (£4.7B), Netherlands (£4.52B), and France (£3.14B).
Growth In June 2022, the increase in United Kingdom's year-by-year exports was explained primarily by an increase in exports to Switzerland (£619M or 95.6%), World (£420M or 50.2%), and Saudi Arabia (£80.1M or 31.2%), and product exports increase in Commodities not elsewhere specified (£542M or 47.7%), Platinum (£271M or 39.1%), and Gold (£144M or 14.6%). In June 2022, the increase in United Kingdom's year-by-year imports was explained primarily by an increase in imports from China (£633M or 15.3%), Australia (£456M or 306%), and World (£266M or 17.6%), and product imports increase in Petroleum Gas (£626M or 83%), Laboratory Reagents (£422M or 483%), and Silver (£382M or 327%).