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United Kingdom: Merchandise exports (current US$)

In , United Kingdom's Merchandise exports (current US$) was $512.63 billion.

That's down 2.4% from 2023, the highest value since .

The global average for this indicator in 2024 was $117.55 billion . United Kingdom ranks #14 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #6 of 51.

Source: World Bank Open Data (TX.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

United Kingdom Merchandise exports (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
$546.76B
Trough
$358.16B
1-year change
-2.4%
5-year change
+11.4%
+2.2% / yr
10-year change
+0.4%
+0.0% / yr

Historical Data — Last 10 Years

Year Merchandise exports (current US$)
512.633B
525.016B
546.151B
472.147B
399.529B
460.026B
486.439B
440.997B
410.856B
465.850B

About Merchandise exports (current US$)

Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TX.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was United Kingdom's Merchandise exports (current US$) in 2024?
In 2024, United Kingdom's Merchandise exports (current US$) was $512.63 billion, according to World Bank Open Data.
Is United Kingdom's Merchandise exports (current US$) rising or falling?
United Kingdom's Merchandise exports (current US$) fell 2.4% from 2023 to 2024.
How does United Kingdom rank globally on Merchandise exports (current US$)?
In 2024, United Kingdom ranked #14 out of 204 countries reporting Merchandise exports (current US$).
How does United Kingdom's Merchandise exports (current US$) compare to the world average?
The global average for Merchandise exports (current US$) in 2024 was $117.55 billion, so United Kingdom is above the world average. Within Europe & Central Asia, it ranks #6 of 51.
What is Merchandise exports (current US$) and how is it measured?
Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TX.VAL.MRCH.CD.WT), CC BY 4.0.