According to allcitypopulation, the United Kingdom (UK) is located in the northwestern region of Europe. It is an archipelago comprised of four countries – England, Scotland, Wales and Northern Ireland. The UK has a total land area of 243,610 square kilometers and a population of 66 million people. It is bordered by the Atlantic Ocean to the west, the North Sea to the east, and the English Channel to the south.
The UK has a temperate climate with mild summers and cool winters. The country has a rich cultural heritage and many attractions including Stonehenge, Big Ben, Windsor Castle, Hadrian’s Wall and more. According to Petwithsupplies, the capital city of United Kingdom is London with a population of 8.9 million (official estimate 2018). Other major cities include Birmingham with a population of 1.1 million, Leeds with a population of 789,000, Glasgow with a population of 626,000, Sheffield with a population of 582,000, Manchester with a population of 548,000, Bradford with a population of 537,000, Edinburgh with a population of 518,000, Liverpool with a population of 495,000 (official estimates 2018).
The UK is one of the world’s leading economic powers. Its economy is based on services (78%), industry (20%) and agriculture (2%). Major industries include automotive manufacturing, aerospace engineering, financial services, pharmaceuticals and biotechnology. Major agricultural products include wheat barley oats potatoes sugar beets fruits vegetables dairy products eggs fish pork beef poultry etc.
The UK has an open economy with relatively low taxes compared to other developed countries in Europe. The country is part of several international organizations such as the European Union (EU), World Trade Organization (WTO) and Organization for Economic Co-operation and Development (OECD). The UK has strong trade ties with many countries around the world including China India Germany France USA Canada Japan South Korea etc.
The UK has a highly developed infrastructure which includes one of the oldest railway systems in Europe as well as an extensive network of roads motorways bridges tunnels airports ports etc. In terms of energy production it relies mainly on coal oil gas nuclear renewable sources such as wind solar geothermal hydroelectric etc.,
In terms of education it ranks highly among other developed countries with world renowned universities such as Cambridge University Oxford University Imperial College London London School of Economics etc., offering top quality education at all levels from primary school to postgraduate studies.
Overall, it can be seen that despite its small size relative to other major economies around the world, The United Kingdom remains one of the leading economic powers in Europe due to its strong economy well developed infrastructure high quality education system open markets strong trade ties with many countries around the world and rich cultural heritage which makes it an attractive destination for tourists from all over the globe.
Foreign Trade of United Kingdom
The United Kingdom has a long history of foreign trade, which has helped shape its economy and culture. In the past, the UK was a major trading power, but since joining the European Union (EU), its trade has become more diversified. The UK is now a member of the World Trade Organization (WTO) and is part of several regional trading blocs such as the European Free Trade Association (EFTA).
The UK’s main export partners are Germany, the United States, France, Ireland and Netherlands. Its main imports come from China, Germany, the US, Netherlands and France. The UK is also a major importer of oil from Saudi Arabia and other Middle Eastern countries. The country also has strong trade ties with Commonwealth countries such as Canada and Australia.
In terms of exports, manufactured goods are by far the most important category for the UK’s economy. This includes machinery and transport equipment; chemicals; foodstuffs; textiles; clothing; electrical appliances; pharmaceuticals; motor vehicles; aircraft parts; scientific instruments; ships and boats. Other significant exports include minerals such as coal, iron ore and petroleum products as well as energy sources like wind energy or solar power.
In terms of imports to the UK, manufactured goods are again by far the most important category. This includes machinery and transport equipment; chemicals; foodstuffs; textiles; clothing electrical appliances pharmaceuticals motor vehicles aircraft parts scientific instruments ships boats etc. Other significant imports include raw materials such as oil or gas from Middle Eastern countries or minerals from Africa or South America as well as consumer goods like electronics or luxury items from Europe or Asia Pacific countries.
Overall, it can be seen that foreign trade plays an important role in shaping the economy of United Kingdom with both exports and imports making up a large part of its GDP each year. The country’s strong relationships with other countries around world have allowed it to remain competitive in global markets while at same time benefitting from increased access to new markets for both its exports and imports alike.
Major Trading Partners of United Kingdom
The United Kingdom is a major trading partner, with exports and imports making up a large part of its GDP each year. The UK’s main export partners are Germany, the United States, France, Ireland and Netherlands. Its main imports come from China, Germany, the US, Netherlands and France. The UK is also a major importer of oil from Saudi Arabia and other Middle Eastern countries. The country also has strong trade ties with Commonwealth countries such as Canada and Australia.
Germany is one of the UK’s largest trading partners in terms of both exports and imports. In 2019 the UK exported £30 billion worth of goods to Germany while importing £48 billion worth of goods from them. Major exports include machinery and transport equipment; chemicals; foodstuffs; textiles; clothing electrical appliances pharmaceuticals motor vehicles aircraft parts scientific instruments ships boats etc. Major imports include raw materials such as oil or gas from Middle Eastern countries or minerals from Africa or South America as well as consumer goods like electronics or luxury items from Europe or Asia Pacific countries.
The United States is another important economic partner for the UK with exports totalling £26 billion in 2019 while imports totalled £45 billion for the same year. Major exports include non-electrical machinery; fuels & lubricants; optical & medical instruments; plastics & rubber products; aircraft parts & spacecrafts; pharmaceuticals & medicines etc.. Imports mainly consist of agricultural products such as cereals, vegetables & fruits but also include industrial products such as computer parts & software systems along with other consumer goods like cars & electronic devices amongst others.
France is another major trading partner for the UK with total trade amounting to £25 billion in 2019 with exports accounting for around half that amount at £12 billion while imports totalled around £13 billion for that same year. Major French exports to the UK include aircraft parts & spacecrafts along with medical instruments & pharmaceuticals whilst major French imports into the UK consist mainly of foodstuffs such as dairy products, wine & spirits along with non-electrical machinery including tractors and pumps amongst others.
Ireland is also an important economic partner for the UK having exported over £11 billion worth of goods to Ireland in 2019 whilst importing over £13 billion worth of Irish goods during that same year according to HMRC figures. Major Irish exports to the UK include foodstuffs such as dairy products, beer, spirits, seafood; textiles; clothing; furniture; electrical appliances; motor vehicles etc.. Meanwhile major Irish imports into the UK consist mostly of chemical products used in manufacturing processes but also include non-electrical machinery, fuels, lubricants, optical instruments etc..
Finally, Netherlands is yet another major trading partner for the United Kingdom having exported over £12 million worth of goods to Netherlands during 2019 whilst importing nearly double that amount at nearly £23 million during that same period according to HMRC figures. Major Dutch exports into Britain consist mostly of foodstuffs such as dairy products, beer, spirits, seafood; textiles; clothing; furniture; electrical appliances etc.. Meanwhile Dutch imports into Britain consist mostly of chemical products used in manufacturing processes but also include non-electrical machinery, fuels, lubricants, optical instruments etc..
Major Imports and Exports of United Kingdom
The United Kingdom is an important global trading partner, and its imports and exports play a major role in the country’s economic prosperity. In 2019, the UK exported goods worth over £600 billion and imported goods worth almost the same amount. The UK’s major trading partners include countries from both Europe and other parts of the world.
The United States is the UK’s biggest trading partner with total trade amounting to nearly £122 billion in 2019. Major US exports to the UK consist of aircraft parts & spacecrafts along with medical instruments & pharmaceuticals while major US imports into the UK include computer parts & software systems along with other consumer goods like cars & electronic devices amongst others.
France is another major trading partner for the UK with total trade amounting to £25 billion in 2019 with exports accounting for around half that amount at £12 billion while imports totalled around £13 billion for that same year. Major French exports to the UK include aircraft parts & spacecrafts along with medical instruments & pharmaceuticals whilst major French imports into the UK consist mainly of foodstuffs such as dairy products, wine & spirits along with non-electrical machinery including tractors and pumps amongst others.
Ireland is also an important economic partner for the UK having exported over £11 billion worth of goods to Ireland in 2019 whilst importing over £13 billion worth of Irish goods during that same year according to HMRC figures. Major Irish exports to the UK include foodstuffs such as dairy products, beer, spirits, seafood; textiles; clothing; furniture; electrical appliances; motor vehicles etc.. Meanwhile major Irish imports into the UK consist mostly of chemical products used in manufacturing processes but also include non-electrical machinery, fuels, lubricants, optical instruments etc..
Finally, Netherlands is yet another major trading partner for the United Kingdom having exported over £12 million worth of goods to Netherlands during 2019 whilst importing nearly double that amount at nearly £23 million during that same period according to HMRC figures. Major Dutch exports into Britain consist mostly of foodstuffs such as dairy products, beer, spirits, seafood; textiles; clothing; furniture; electrical appliances etc.. Meanwhile Dutch imports into Britain consist mostly of chemical products used in manufacturing processes but also include non-electrical machinery, fuels, lubricants, optical instruments etc..
Other important exporting countries for Britain are Germany (£30bn), Italy (£21bn), Spain (£16bn), Belgium (£15bn) and Switzerland (14bn). Major British exports are cars, aircraft engines and components, refined petroleum oils, gold jewellery and diamonds, commercial vehicles and medicines. The main imported items are cars, crude petroleum oils, computers and electronic equipment, packaged medicaments and gold jewellery.