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United Kingdom: Merchandise exports by the reporting economy (current US$)

In , United Kingdom's Merchandise exports by the reporting economy (current US$) was $487.27 billion.

That's down 6.5% from 2022, the highest value since .

The global average for this indicator in 2023 was $111.31 billion . United Kingdom ranks #13 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #6 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

United Kingdom Merchandise exports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2016: Brexit referendum
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2016 · Brexit referendum

Highlights

Peak
$520.99B
Trough
$332.66B
1-year change
-6.5%
5-year change
+1.1%
+0.2% / yr
10-year change
-5.7%
-0.6% / yr

Historical Data — Last 10 Years

Year Merchandise exports by the reporting economy (current US$)
487.273B
520.991B
454.686B
402.689B
458.376B
481.917B
433.712B
405.738B
451.655B
488.402B

About Merchandise exports by the reporting economy (current US$)

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Indicator code: TX.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was United Kingdom's Merchandise exports by the reporting economy (current US$) in 2023?
In 2023, United Kingdom's Merchandise exports by the reporting economy (current US$) was $487.27 billion, according to World Bank Open Data.
Is United Kingdom's Merchandise exports by the reporting economy (current US$) rising or falling?
United Kingdom's Merchandise exports by the reporting economy (current US$) fell 6.5% from 2022 to 2023.
How does United Kingdom rank globally on Merchandise exports by the reporting economy (current US$)?
In 2023, United Kingdom ranked #13 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).
How does United Kingdom's Merchandise exports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so United Kingdom is above the world average. Within Europe & Central Asia, it ranks #6 of 53.
What is Merchandise exports by the reporting economy (current US$) and how is it measured?
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
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Source: World Bank Open Data (TX.VAL.MRCH.WL.CD), CC BY 4.0.