United Kingdom Export Guide | Trade Finance Global
Exporting to the UK
The United Kingdom is a sovereign country in Europe that comprises England, Wales, Scotland and Northern Ireland.
The capital and financial centre of the UK is London, with a metropolitan area population of over 14 million.
The UK’s 2016 decision to leave the European Union (EU) gave it the freedom to pursue its own trade deals with countries around the globe.
At the time the UK left, the EU had about 40 trade deals covering more than 70 countries. Since leaving, the UK has signed trade agreements and agreements in principle with 69 countries, including one with the EU.
Its 2019 import flows were nearly $692 billion, with imports primarily coming from Germany, the USA, China, the Netherlands, and France.
In general, individuals in the UK seem open to digitalisation, even for financial products.
Online banking penetration in the UK has grown steadily over the past decade, reaching 76% in 2020.
United Kingdom Country Profile
Official Name (Local Language)
United Kingdom of Great Britain and Northern Ireland
Telephone Dial In
United Kingdom Imports Profile
Imports ($m USD)
Number of Import Products
Number of Import Partners
Top 5 import partners
% Partner Share
Top 5 Export Products at HS 6 digit level
Motor cars and other motor vehicles principally...
Gold, incl. gold plated with platinum, unwrought
Petroleum oils and oils obtained from bituminous
Turbo-jets, turbo-propellers and other gas...
Transmission apparatus for radio-telephony,...
Chart Showing GDP Growth Compared to rest of world
GDP Composition for United Kingdom
Cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish
Machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, t
Other business services
Computer and information services
Royalties and license fees
Cultural and recreational services
Exporting to the UK: what is trade finance?
In order for a company to export goods to another market, it may need export finance, which is a commercial agreement between the exporter and the foreign importer.
A non-bank lender will advance the cost of producing the goods before they are manufactured, or after they have been shipped.
Once the foreign importer has received the stock supplies and pays for the import, the company will repay the advance loan from the lender over an agreed period of time.
Exporting from United Kingdom? Contact our local experts
Trade Finance Global is the trading name of TFG Finance Ltd (company number: 10305143) and TFG Publishing Ltd (12157036), incorporated in England and Wales, at 201 Haverstock Hill, Second Floor Fkgb, London, England, NW3 4QG. Trade Finance Global is registered as a Data Controller under the ICO: ZB421903 and ZB436621.
TFG Finance Ltd is an introducer, not a lender, working with Limited Companies and Incorporated Bodies who may pay us a commission.