UK Explained
The economy · Trade

What does the UK sell to and buy from the world?

In Q2 2026 the UK sold £244bn of goods and services abroad and bought £257bn, a trade balance of −£12.8bn. Exports were 31% of GDP in 2025, 11th highest of the 14 economies we compare.

EXPORTS
£244bn

A quarter's goods and services sold abroad, Q2 2026.

IMPORTS
£257bn

A quarter's goods and services bought from abroad, Q2 2026.

TRADE BALANCE
−£12.8bn

Exports minus imports, Q2 2026. A minus sign means the UK bought more than it sold.

Trade over time

UK EXPORTS OF GOODS AND SERVICES
£244bn
▲ £88bn since Q1 2021
What’s this?

What the UK sold to the rest of the world in a quarter, goods and services together.

What it cannot tell you: Prices are not adjusted for inflation, and the figure includes goods that pass through the UK.

Source: ONS · latest Q2 2026
CSV
UK IMPORTS OF GOODS AND SERVICES
£257bn
▲ £100bn since Q1 2021
What’s this?

What the UK bought from the rest of the world in a quarter, goods and services together.

What it cannot tell you: Prices are not adjusted for inflation, and the figure includes goods that pass through the UK.

Source: ONS · latest Q2 2026
CSV
UK TRADE BALANCE
−£12.8bn
▼ £12.6bn since Q1 2021
What’s this?

Exports minus imports of goods and services. A minus sign means the UK bought more from abroad than it sold.

What it cannot tell you: A trade deficit is not automatically bad: it is balanced by money flowing in as investment and by what the UK earns on assets abroad.

Source: ONS · latest Q2 2026
CSV
UK: EXPORTS
31%
▲ 0.6 points since 2020
What’s this?

What a country sells abroad, goods and services together, as a share of everything the economy produces.

What it cannot tell you: Small countries trade more with their neighbours, so a high share does not mean a country is better off.

Source: World Bank, World Development Indicators · latest 2025
CSV

Quarter by quarter

Billions of pounds, seasonally adjusted, not adjusted for prices.

PeriodUK exports of goods and servicesUK imports of goods and servicesUK trade balance
Q2 2026£244bn£257bn−£12.8bn
Q1 2026£235bn£251bn−£16.2bn
Q4 2025£231bn£243bn−£12.3bn
Q3 2025£228bn£237bn−£8.6bn
Q2 2025£225bn£236bn−£10.9bn
Q1 2025£229bn£237bn−£7.6bn
Q4 2024£219bn£229bn−£10.0bn
Q3 2024£222bn£222bn£0.3bn
Q2 2024£223bn£233bn−£9.7bn
Q1 2024£218bn£219bn−£1.7bn
Q4 2023£219bn£225bn−£5.9bn
Q3 2023£216bn£221bn−£4.8bn

Trade, against other countries

Ranked, using the latest year the World Bank has for most of the 16 economies. The United Kingdom is picked out in the bar colour. Countries differ in size, climate and how they collect the figures, so a rank is a starting point, not a verdict.

Exports, 2025: UK 11th of 14

What a country sells abroad, goods and services together, as a share of everything the economy produces. % of GDP.

Ireland140
Netherlands81
Sweden53
Poland50
South Korea46
Germany40
Spain37
France33
Italy32
Canada31
United Kingdom31
Australia23
India22
China21

Image CSV

What it cannot tell you: Small countries trade more with their neighbours, so a high share does not mean a country is better off.

Imports, 2025: UK 10th of 14

What a country buys from abroad, goods and services together, as a share of everything the economy produces. % of GDP.

Ireland100
Netherlands69
Sweden51
Poland47
South Korea41
Germany38
France34
Spain33
Canada32
United Kingdom32
Italy30
India24
Australia23
China17

Image CSV

What it cannot tell you: Small countries trade more with their neighbours, so a high share does not mean a country depends on others more.

What it cannot tell you. A trade deficit is not automatically bad: it is balanced by money flowing in as investment and by what the UK earns on assets abroad.

Questions people ask

Does the UK export more than it imports?

No: in Q2 2026 the UK imported £257bn and exported £244bn, a balance of −£12.8bn. The UK has run a deficit in goods for decades, partly offset by a surplus in services.

What are the UK's biggest exports?

This page shows totals. The ONS publishes the split by product and country in its trade bulletin.

What does “uk exports of goods and services” measure?

What the UK sold to the rest of the world in a quarter, goods and services together. It was £244bn (£ billion a quarter) in Q2 2026, up 56% on Q1 2021. The highest we have is £244bn (Q2 2026) and the lowest £35bn (Q1 1991).

What does “uk imports of goods and services” measure?

What the UK bought from the rest of the world in a quarter, goods and services together. It was £257bn (£ billion a quarter) in Q2 2026, up 64% on Q1 2021. The highest we have is £257bn (Q2 2026) and the lowest £36bn (Q1 1991).

What does “uk trade balance” measure?

Exports minus imports of goods and services. A minus sign means the UK bought more from abroad than it sold. It was −£12.8bn (£ billion a quarter (minus means imports exceed exports)) in Q2 2026, up 7036% on Q1 2021. The highest we have is £22.0bn (Q2 2020) and the lowest −£26.3bn (Q1 2022).

What does “uk: exports” measure?

What a country sells abroad, goods and services together, as a share of everything the economy produces. It was 31% (% of GDP) in 2025, up 0.6 points on 2020. The highest we have is 34% (2022) and the lowest 23% (1991).

Sources: ONS; World Bank, World Development Indicators and the World Bank. Updated every night. Each chart has a CSV and a Share button.

See also: Government money · Jobs and growth · The UK against other countries