Analysis – Statistics Brief

Trade and investment between the United Kingdom andChina{data reported by the UK}

GLOBAL STANDING

2016 (latest available rankings)

Trading partnerExport marketImport market
4th largest7.5% of total UK trade6th largest5.4% of all UK exports2nd largest9.0% of all UK imports

TRADE IN GOODS

The following figures are from the ONS and are on a Balance of Payments (‘change of ownership’) basis

The UK reported a trade in goods deficit with China of £49.2bn, compared to a trade in goods deficit of £54.2bn in 2016.

Total trade in goods between the UK and China UK exports of goodsto China UK imports of goodsfrom China
£123.3bn( 14.1% increase from 2016 )£37.1bn( 37.5% increase from 2016 )£86.3bn( 6.3% increase from 2016 )
China
Exports of goods
Imports of goods

The following figures, on trade in goods only, are from HMRC. They are on a different (i.e. ‘physical movement’) basis than the ONS (‘Balance of Payments’) data which are based on the ‘change of ownership’ criterion. They are not directly comparable with the figures above.

The top 5 UK goods exported to China in 2017 were:

% of all UK goods exported to Chinaclassification
28.0% vehicles other than railway or tramway rolling stock, and parts and accessories thereof
12.1% mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
10.5% nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
6.8% electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
6.6% natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

The top 5 UK goods imported from China in 2017 were:

% of all UK goods imported from Chinaclassification
21.6% electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
15.9% nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
7.8% furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings
6.3% toys, games and sports requisites; parts and accessories thereof
4.8% articles of apparel and clothing accessories, not knitted or crocheted