United Kingdom: Exports, billion dollars

* indicates monthly or quarterly data series
 United Kingdom

Exports of goods and services, billion USD

 Latest value 1,070.47
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 437.52
 Min - Max 28.78 - 1,070.47
 Source The World Bank
The latest value from 2023 is 1070.47 billion U.S. dollars, an increase from 1045.3 billion U.S. dollars in 2022. In comparison, the world average is 194.00 billion U.S. dollars, based on data from 154 countries. Historically, the average for the United Kingdom from 1970 to 2023 is 437.52 billion U.S. dollars. The minimum value, 28.78 billion U.S. dollars, was reached in 1970 while the maximum of 1070.47 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
United Kingdom - Exports, billion dollars - Recent values chart

Historical series
United Kingdom - Exports, billion dollars - historical chart - 1970-2023




Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 95.19 2021 percent
 Trade openness 63.88 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 32.17 2023 percent
 Exports, billion dollars 1,070.47 2023 billion U.S. dollars
 Growth of exports -0.51 2023 percent
 Imports, percent of GDP 33.41 2023 percent
 Imports, billion dollars 1,089.18 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.44 2023 percent
 Foreign Direct Investment, billion dollars -89.44 2023 billion U.S. dollars
 Portfolio investment inflows, equities -21,203.93 2023 million dollars (current)
 Current account, percent of GDP -3.30 2023 percent
 Current account, in dollars -66.45 2023 billion U.S. dollars
 Trade balance, percent of GDP -1.24 2023 percent
 Trade balance, in dollars -18.84 2023 billion U.S. dollars
 Reserves 177.92 2023 billion U.S. dollars
 Remittances, percent of GDP 0.12 2023 percent
 Remittances 3,933.15 2023 million U.S. dollars
 Net errors and omissions 13,038.76 2023 million USD
 Foreign exchange reserves 219.12 12/2024 billion
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