what does the united kingdom export to france

Recent developments

The COVID-xix crunch caused both exports and imports between the EU and the United Kingdom to autumn in 2020, equally shown in Figure 1. Imports reached a minimum of € seven.5 billion in Jan 2021. By December 2021 they had recovered to € 13.v billion. Exports reached a minimum of € 14.viii billion in April 2020. Past December 2021 they had recovered to € 24.eight billion.

Effigy 1: EU trade in goods with the United Kingdom, 2020-2021
(€ billion, seasonally and working-day adjusted)
Source: Eurostat (ext_st_eu27_2020sitc)

Effigy 2 compares EU trade with the United Kingdom to EU trade with other non-EU countries. Between January 2020 and Dec 2021, EU imports from the United Kingdom decreased past 16.four % while imports from other non-EU countries increased by thirty.1 %. EU exports to the U.k. decreased by two.ane % while exports to other not-EU countries increased by 6.ane %.

Figure 2: EU trade in goods with the United Kingdom and other non-EU countries, 2020-2021
(Jan 2019 = 100 %, seasonally and working-24-hour interval adjusted)
Source: Eurostat (ext_st_eu27_2020sitc)

EU and the United kingdom of great britain and northern ireland in globe trade in appurtenances

Figure 3a shows the position of the Great britain among the largest traders of goods in the world in 2020. The four largest exporters were China (€ 2 268 billion, 18.0 %), the EU (€ 1 933 billion, 15.4 %), the U.s. (€ i 253 billion, 10.0 %) and Japan (€ 561 billion, four.5 %). The four largest importers were the Usa (€ 2 108 billion, sixteen.4 %), China (€ one 801 billion, 14.0 %), the European union (€ ane 717 billion, 13.4 %) and Japan (€ 556 billion, four.iii %). Effigy 3b has some more than details. It shows that the Uk (€ 354 billion, 2.8 %) was the 8th largest exporter in the world betwixt Mexico (€ 366 billion, 2.9 %) and Canada (€ 342 billion, two.7 %). The United kingdom (€ 556 billion, 4.3 %) was the fifth largest importer in the world between Japan (€ 556 billion, iv.iii %) and Hong Kong (€ 499 billion, 3.ix %).

Effigy 3a: The United kingdom of great britain and northern ireland amid the world'southward largest traders of goods, 2020
(% share of earth exports/imports)
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD

Top traders in goods with a focus on the United Kingdom, 2020
(€ billion)
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD

The imports and exports of goods of the Eu and the United Kingdom indexed at 100 in 2010 for the period to 2020 are shown in Effigy 4. Information technology also shows the cover ratio (exports / imports) for this period. Exports from the EU were lowest in 2010 (100) and highest in 2019 (149) and were 135 in 2020. Imports to the Eu were lowest in 2010 (100) and highest in 2019 (132) and were 117 in 2020. The encompass ratio for the European union was lowest in 2011 (97 %) and highest in 2016 (116 %) and was 113 % in 2020. Exports from the Great britain were lowest in 2020 (97) and highest in 2013 (130). Imports to the United Kingdom were lowest in 2010 (100) and highest in 2019 (118) and were 107 in 2020. The encompass ratio for the United Kingdom was lowest in 2020 (64 %) and highest in 2013 (82 %).

Figure iv: Trade in appurtenances of the European union and the United Kingdom, 2010-2020
(exports and imports indexed at 100 in 2010, encompass ratio in %)
Source: Eurostat (ext_lt_introeu27_2020) and UNCTAD

Exports to the Britain increased simply imports decreased between 2011 and 2021.

The position of the United Kingdom among the largest trade partners of the Eu in 2021 can be seen in Figure 5. In 2021, the United kingdom was the second largest partner for EU exports of appurtenances (13.0 %). It was preceded by the U.s.a. (18.3 %) and followed past Cathay (10.ii %), Switzerland (7.2 %) and Russia (4.1 %). Information technology was the quaternary largest partner for EU imports of appurtenances (6.9 %), preceded by China (22.iv %), the Us (eleven.0 %) and Russian federation (7.five %) and followed by Switzerland (five.9 %).

Effigy 5: The Great britain among the EU's main partners for trade in appurtenances, 2021
(% share of extra-Eu exports/imports)
Source: Eurostat (ext_st_eu27_2020sitc) and Comext DS-018995

Figure 6 shows the exports, imports and trade balance between the European union and the United Kingdom from 2011 to 2021. In 2011, the European union had a trade surplus with the United kingdom of €62 billion. The trade surplus remained throughout the whole period, reaching €138 billion in 2021. Exports to the Great britain increased but imports decreased between 2011 and 2021. EU exports to the U.k. were highest in 2017 (€321 billion) and lowest in 2011 (€251 billion). EU imports from the United kingdom were highest in 2018 (€197 billion) and everyman in 2021 (€146 billion).

Eu-the United kingdom trade by type of goods

The breakup of European union trade with the Britain past SITC groups is shown in Figure 7. The ruby shades denote the primary goods: food & drinkable, raw materials and energy, while the blueish shades testify the manufactured goods: chemicals, mechanism & vehicles and other manufactured appurtenances. Finally, other appurtenances are shown in green. In 2021, EU exports of manufactured goods (77 %) had a higher share than primary goods (21 %). The virtually exported manufactured goods were machinery & vehicles (36 %), followed by other manufactured appurtenances (24 %) and chemicals (16 %). In 2021, EU imports of manufactured goods (68 %) as well had a higher share than chief goods (26 %). The well-nigh imported manufactured goods were machinery & vehicles (29 %), followed by other manufactured goods (21 %) and chemicals (18 %).

Figure eight shows the evolution of EU imports and exports by SITC grouping since 2011. In 2021, the EU had merchandise surpluses in mechanism & vehicles (€sixty billion), other manufactured goods (€39 billion), food & drink (€26 billion), chemicals (€xix billion) and raw materials (€6 billion). The Eu had merchandise deficits in other goods (€ii billion) and free energy (€10 billion).

European union-the United Kingdom well-nigh traded goods

More detail about the goods exchanged between the Eu and the United Kingdom is given in Figure 9, showing the xx most traded appurtenances at SITC-3 level. These top 20 goods covered 38 % of total trade in goods in 2021. Viii belonged to machinery and vehicles, iv each to chemicals and other manufactured goods, two to energy, i each to food and drink and other goods. The most traded group of goods at this level was motor cars and motor vehicles. Another interesting style to look at the information is to investigate the cover ratio (exports / imports) of traded goods, showing the direction of the trade flows betwixt the ii economies. These ratios can be found in the right-paw margin of Figure 9. Ane production (petroleum oils, crude with one %) was below l %, indicating EU imports from the United kingdom of great britain and northern ireland were at least twice as large equally European union exports to the United kingdom. Ten products were in a higher place 200 %, indicating EU exports to the United kingdom were more twice as large as Eu imports from the Great britain. Nine products were between l % and 200 %, showing more counterbalanced trade.

Effigy 9: Most traded goods between Eu and the Britain, 2021
(€ billion)
Source: Eurostat DS-018995

Trade with the Great britain by Fellow member State

Table 1a shows the imports of goods from the United Kingdom past Member Land. The three largest importers from the United Kingdom in the European union were Deutschland (€28 453 million), kingdom of the netherlands (€25 099 meg) and French republic (€nineteen 888 million). Ireland (xxx.5 %) had the highest share for the United Kingdom in its extra-European union imports.

Table 1b shows the exports of goods to the Great britain past Member State. The three largest exporters to the Great britain in the European union were Germany (€66 699 million), kingdom of the netherlands (€39 668 million) and French republic (€28 421 1000000). Republic of latvia (20.5 %), Poland (20.1 %) and Czech republic (19.five %) had the highest shares for the United Kingdom in their extra-Eu exports.

The trade in goods rest between the Eu Member States and the United kingdom of great britain and northern ireland is shown in Tabular array 1c. It shows that 24 Member States had a trade surplus with the Britain. The largest surplus was held by Germany (€38 246 meg), followed by Italy (€fifteen 382 million) and kingdom of the netherlands (€xiv 569 1000000). There were three Member States that had a trade deficit with the United Kingdom. The largest deficit was held by Ireland (€1 243 one thousand thousand), followed by Malta (€183 meg) and Cyprus (€69 million).

Source data for tables and graphs

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  EU - United kingdom of great britain and northern ireland international trade in goods statistics - graphs and tables

Data sources

EU data is taken from Eurostat's COMEXT database. COMEXT is the reference database for international trade in goods. It provides admission not only to both recent and historical information from the EU Member States but also to statistics of a meaning number of third countries. International trade aggregated and detailed statistics disseminated via the Eurostat website are compiled from COMEXT data according to a monthly process.

Information are collected past the competent national authorities of the Fellow member States and compiled according to a harmonised methodology established past EU regulations before manual to Eurostat. For actress-EU trade, the statistical information is mainly provided by the traders on the basis of customs declarations.

European union data are compiled according to Community guidelines and may, therefore, differ from national data published by the Member States. Statistics on extra-EU trade are calculated as the sum of trade of each of the 27 EU Member States with countries exterior the Eu. In other words, the EU is considered as a single trading entity and trade flows are measured into and out of the area, but non inside it.

The United Kingdom is considered as an extra-European union partner state for the EU-27 for the whole menstruation covered past this article. Even so, the Britain was still part of the internal market until the end of the transitory period (31 December 2020), meaning that data on trade with the Britain are still based on statistical concepts applicable to merchandise between the EU Member States. Consequently, while imports from any other actress-European union-27 trade partner are grouped by country of origin, the United kingdom of great britain and northern ireland data reverberate the country of consignment. In exercise this means that the goods imported by the European union-27 from the United Kingdom were physically transported from the United Kingdom but role of these appurtenances could take been of other origin than the United kingdom of great britain and northern ireland. For this reason, data on trade with the Uk are non fully comparable with data on trade with other actress-EU-27 merchandise partners.

Data for the non-Eu-27 countries used in figures 1 to three are taken from the UNCTAD database of the United Nations. For the calculation of shares the earth trade is defined as the sum of Eu trade with not-Eu countries (source: Eurostat) plus the international trade of non-European union countries (source: UNCTAD).

Methodology

According to the EU concepts and definitions, actress-EU merchandise statistics (trade between European union Member States and non-European union countries) practice not record exchanges involving appurtenances in transit, placed in a customs warehouse or given temporary access (for trade fairs, temporary exhibitions, tests, etc.). This is known as 'special trade'. The partner is the land of concluding destination of the goods for exports and the land of origin for imports.

Product classification

Information on bolt exported and imported is presented according to the Standard international trade nomenclature (SITC). A full clarification is available from Eurostat's classification server RAMON.

Unit of measure

Trade values are expressed in millions or billions (1 000 millions) of euros. They correspond to the statistical value, i.eastward. to the amount which would be invoiced in the event of sale or purchase at the national border of the reporting country. Information technology is called a FOB value (gratuitous on board) for exports and a CIF value (price, insurance, freight) for imports.

Context

Trade is an of import indicator of Europe'southward prosperity and place in the world. The bloc is deeply integrated into global markets both for the products information technology sources and the exports information technology sells. The Eu trade policy is one of the master pillars of the EU's relations with the rest of the world.

Because the 27 European union Member States share a unmarried market place and a single external edge, they also have a unmarried merchandise policy. EU Member States speak and negotiate collectively, both in the Globe Merchandise Organization, where the rules of international trade are agreed and enforced, and with individual trading partners. This common policy enables them to speak with one phonation in trade negotiations, maximising their impact in such negotiations. This is even more important in a globalised world in which economies tend to cluster together in regional groups.

The openness of the EU's trade regime has meant that the Eu is the biggest actor on the global trading scene and remains a good region to do business with. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods effectually the globe which gives European companies of every size the potential to trade outside Europe.

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Source: https://ec.europa.eu/eurostat/statistics-explained/index.php?title=United_Kingdom-EU_-_international_trade_in_goods_statistics

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