1. UK Trade in 2018
1.1 UK Trade Overview
1.2 UK Trade with individual EU countries
1.3 UK Trade in Goods
1.4 UK Trade in Services
2. UK Trade Recent Trends
2.1 The Rotterdam Effect
3. Trade between EU & Scotland, Wales, Northern Ireland & English Regions
3.1 UK Regions Exports
3.2 UK Regions Imports
4. EU’s WTO Tariffs
5. Appendix, UK Trade with Individual EU countries, 2018
6. Appendix: UK Trade with EU and Non-EU countries, 1999-2018
Taken as a bloc, the EU is the UK’s largest trading partner.
In 2018 the EU accounted for 46% of UK exports and 54% imports.
In 2018, the UK recorded an overall trade deficit with the EU of -£64 billion.
A surplus of £29 billion on trade in services was outweighed by a deficit of -£93 billion on trade in goods.
The share of UK exports accounted for by the EU has generally fallen over time.
In 2002, UK exports to the EU accounted for 55% of all exports; this had fallen to 43% in 2016.
• The UK recorded a trade surplus in goods with 5 EU countries, a deficit with 19 and was broadly in balance with 4. The largest goods surplus was with Ireland (£8 billion), the largest deficit was with Germany (-£32 billion).
• The UK recorded a trade surplus in services with 14 EU countries, a deficit with 6 and was broadly in balance with 7. The largest services surplus was with the Netherlands (£11 billion), the largest deficit was with Spain (-£8 billion).
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