United Kingdom Trade Stats
Definitions
- Balance of payments > Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
- Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
-
Export value index:
Export values are from UNCTAD's value indexes or from current values of merchandise exports.
2000 = 100 - Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
- Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
- Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
- Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
- Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
- Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
- Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
- Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
- Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
- Exports > Goods and services > Constant LCU: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
- Exports > Leading export market: Country or customs union which is the main recipient of exports.
- Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
- Exports > Primary: Primary exports as % of manufactured export, 2000.
- Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
- Exports to US: in US dollars. Jan 2003 - March 2003
- Exports to US > Per $ GDP: in US dollars. Jan 2003 - March 2003 Per $ GDP figures expressed per $100 of Gross Domestic Product.
- Exports to US per capita: in US dollars. Jan 2003 - March 2003. Figures expressed per capita for the same year.
- Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
- Imports > Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
- Imports > Goods and services: Imports of goods and services as a % of GDP, 2000
- Imports > Goods and services > Annual % growth: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments.
- Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
- Imports from US: In US dollars. Jan 2003 - March 2003
- Imports from US per capita: In US dollars. Jan 2003 - March 2003. Figures expressed per capita for the same year.
- Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
- Imports of goods > Services and income > BoP > Current US$ > Per $ GDP: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
- Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
- Imports ratio of GDP: Imports ratio of GDP, 2000
- Share of trade in GDP > Trade in goods and services: The rates shown in this table correspond to the average of imports and exports (of both goods and services) at current prices as a percentage of GDP. The data are taken from national accounts statistics compiled according to the 1993 System of National Accounts. Goods consist of merchandise imports and exports. Services cover transport, travel, communications, construction, IT, financial, other business, personal and government services, as well as royalties and license fees.
- Share of trade in GDP > Trade in goods and services per million: The rates shown in this table correspond to the average of imports and exports (of both goods and services) at current prices as a percentage of GDP. The data are taken from national accounts statistics compiled according to the 1993 System of National Accounts. Goods consist of merchandise imports and exports. Services cover transport, travel, communications, construction, IT, financial, other business, personal and government services, as well as royalties and license fees. Figures expressed per million population for the same year.
- Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
- Tariffs > Tariff rate > Applied > Simple mean > All products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs."
- Tariffs > Tariff rate > Applied > Weighted mean > All products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead."
- Trade in goods > Imports of goods: According to United Nations guidelines, international merchandise trade statistics record all goods which add to or subtract from the stock of material resources of a country by entering (imports) or leaving (exports) its economic territory. Goods simply being transported through a country or goods temporarily admitted or withdrawn (except for goods for inward or outward processing) are not included in the international merchandise trade statistics.
- Trading partners > Partner countries and regions of OECD merchandise trade: NAFTA is the North American Free Trade Area and consists of Canada, Mexico and the United States. OECD Asia and Oceania includes Australia and New Zealand as well as Japan and Korea. Non-OECD America covers the Caribbean, South America and Central America, except Mexico.Non-OECD Asia covers Central Asia, China, the Indian sub continent and South East. Middle East covers the Gulf Arabian Countries, Iran, Israel, Jordan, Lebanon, the Occupied Palestinian territory and the Syrian Arab Republic. The definitions of merchandise imports and exports are explained under "Trade in goods”.
- Trading partners > Partner countries and regions of OECD merchandise trade per million: NAFTA is the North American Free Trade Area and consists of Canada, Mexico and the United States. OECD Asia and Oceania includes Australia and New Zealand as well as Japan and Korea. Non-OECD America covers the Caribbean, South America and Central America, except Mexico.Non-OECD Asia covers Central Asia, China, the Indian sub continent and South East. Middle East covers the Gulf Arabian Countries, Iran, Israel, Jordan, Lebanon, the Occupied Palestinian territory and the Syrian Arab Republic. The definitions of merchandise imports and exports are explained under "Trade in goods”. Figures expressed per million population for the same year.
- With US > US > Exports of chemicals-other: US exports of chemicals-other, USD Thousands, 2004
- With US > US > Exports of copper: US exports of copper, USD Thousands, 2004
- With US > US > Exports of newsprint: US exports of newsprint, USD Thousands, 2004
- With US > US > Exports of pulp and paper machinery: US exports of pulp and paper machinery, USD Thousands, 2004
- With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
- With US > US imports of bauxite and aluminum per 1000: US imports of bauxite and aluminum, USD Thousands, 2004. Figures expressed per thousand population for the same year.
- With US > US imports of nonmonetary gold per 1000: US imports of nonmonetary gold, USD Thousands, 2004. Figures expressed per thousand population for the same year.
SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data, and OECD National Accounts data files.; World Development Indicators database; CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; United Nations Statistics Division. Source tables; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Trade Organization Trade Profiles database, loaded 2010; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; US Census Bureau; US Census Bureau. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; ASEAN Secretariat, Asian Development Bank (for China, Hong Kong and Taiwan), OECD; OECD Country statistical profiles 2009; OECD Country statistical profiles 2009. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organisation.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.
Citation
Did you know
- United we stand? The United Kingdom and United States are both in the top ten for Gross Domestic Product - and for child poverty.
United Kingdom Economy > Trade Profiles (Subcategories)
| Balance of payments 46 | Tariffs 22 |
| Exports 85 | Trade in goods 6 |
| Exports of goods 4 | Trade in services 6 |
| Imports 46 | Trading partners 4 |
| Imports of goods 4 | With US 392 |