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United Kingdom Exports (% GDP)

The United Kingdom's exports (% GDP) fell to 30.64% in 2024, down from 31.98% in 2023, according to World Bank. This represents a decrease of 1.34% from the previous year. The United Kingdom has exports (% GDP) lower than the global median (30.64% vs median 37.25%). Compared with the median in Europe, the United Kingdom is lower (30.64% vs regional median 53.65%) and ranks 41st out of 44 countries in Europe.

The United Kingdom's imports (% GDP) fell to 31.77% in 2024, down from 33.05% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Exports (% GDP)
2024 30.64%
2023 31.98%
2022 33.57%
2021 29.18%
2020 29.67%
2019 31.63%
2018 31.58%
2017 30.89%
2016 28.9%
2015 27.85%
2014 28.58%
2013 30.29%
2012 30.62%
2011 31.39%
2010 28.86%
2009 26.88%
2008 27.51%
2007 25.51%
2006 27.51%
2005 25.27%
2004 24.07%
2003 24.06%
2002 24.51%
2001 25.55%
2000 25.66%
1999 24.31%
1998 24.43%
1997 25.77%
1996 26.36%
1995 25.78%
1994 26.07%
1993 24.82%
1992 22.92%
1991 22.59%
1990 23.32%
1989 22.63%
1988 22.16%
1987 24.61%
1986 25.1%
1985 28.18%
1984 27.82%
1983 26.02%
1982 25.89%
1981 26.24%
1980 26.89%
1979 27.66%
1978 28.3%
1977 29.97%
1976 28.3%
1975 25.66%
1974 27.09%
1973 22.67%
1972 20.84%
1971 22.11%
1970 22.03%
United Kingdom Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by United Kingdom compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $508.69B $521.21B 2024
Annual Imports $809.21B $791.66B 2024
Balance of Trade -£3.4B -£3B Aug'25
Exports £77.4B £78.4B Aug'25
FDI Inflows (% GDP) 0.1% 0.41% 2024
Imports £80.8B £81.4B Aug'25
Imports (% GDP) 31.77% 33.05% 2024
Net Trade (Goods & Services, BoP) -$41.22B -$36.25B 2024
Tariff Rate 1.13% 1% 2022
Trade (% GDP) 62.41% 65.03% 2024