UK exported £59.3bn of goods to US last year ahead of tariffs

UK exported £59.3bn of goods to US last year ahead of tariffs

The Office for National Statistics said on Friday that the US represented 16.2% of all UK exports in 2024.

UK trade with the United States: 2024 - A closer look at the goods and services the UK trades with the United States

In 2024, the UK imported £57.1 billion of goods from the United States (9.7% of all goods imports) and exported £59.3 billion of goods (16.2% of all goods exports). Machinery and transport equipment continued to be the main commodity traded with the United States in 2024, with £20.1 billion of imports and £29.1 billion of exports.

UK industries 'vulnerable' as exports to US hit £59bn

Goods trade between America and Britain dropped slightly in 2024 compared to the previous year ahead of a potential deterioration in UK exports if ten per cent tariffs kick into effect in three months.  President Donald Trump provided all countries except China, Canada and Mexico temporary reprieve from tariffs after US treasury yields spiked and pushed up the cost of borrowing.  But new official data has suggested that a number of key UK indust…

UK trade with the United States: 2024