United Kingdom Export Data
The United Kingdom of Great Britain is another name for the United Kingdom. It is located in Europe and is referred to as a sovereign nation. The nation is surrounded by sea on all sides, except its shared borders with Ireland. Pharmaceuticals are the main industry in the United Kingdom. In terms of land area, the United Kingdom is the eleventh largest nation in Europe. With a total land area of about 242,495 km^2, the United Kingdom is ranked 80th in the world in terms of area. The United Kingdom is known for its strong export sector, which plays a crucial role in driving economic growth and creating job opportunities. To assess the performance of this sector and identify new market opportunities, it is important to analyze United Kingdom export data. The United Kingdom export trade database that we provide, comes under two database reports - Statistical data and Bill of lading data. Based on the United Kingdom trade statistics, the country is ranked as the 13th biggest exporter in the world.
The United Kingdom's goods exports were valued at $520.7 billion in 2023 according to the United Kingdom export data. The United Kingdom's exports of goods declined by 2% in comparison to the previous year. Based on the United Kingdom shipment data for 2023, nuclear reactors and machinery are the UK’s biggest exports, while the USA is its biggest export partner. The United Kingdom’s GDP is $3.34 trillion, with a GDP export share of 32.17%. The UK is a part of trading blocs such as the WTO and CPTPP. Let us now explore what United Kingdom export data is, its significance, and how it can guide businesses in making informed decisions.