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WTO Trade Profiles 2012 - World Trade Organization

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United Kingdom<br />

BASIC INDICATORS<br />

Population (thousands, 2011) 62 641 Rank in world trade, 2011 Exports Imports<br />

GDP (million current US$, 2011) 2 431 589 Merchandise 11 6<br />

GDP (million current PPP US$, 2011) 2 287 072 excluding intra-EU trade - -<br />

Current account balance (million US$, 2010) - 75 221 Commercial services 2 4<br />

<strong>Trade</strong> per capita (US$, 2009-2011) 22 409 excluding intra-EU trade - -<br />

<strong>Trade</strong> to GDP ratio (2009-2011) 61.0<br />

2011 2005-2011<br />

Annual percentage change<br />

2010 2011<br />

Real GDP (2005=100) 103<br />

1 2 1<br />

Exports of goods and services (volume, 2005=100) 113<br />

2 7 5<br />

Imports of goods and services (volume, 2005=100)<br />

TRADE POLICY<br />

104<br />

1 9 1<br />

<strong>WTO</strong> accession 1 January 1995 Contribution to <strong>WTO</strong> budget (%, <strong>2012</strong>) 4.642<br />

<strong>Trade</strong> Policy Review 6, 8 July 2011 Import duties collected<br />

GPA accession 1 January 1996 in total tax revenue ...<br />

Tariffs and duty free imports to total imports ...<br />

Tariff binding coverage (%) 100 Number of notifications to <strong>WTO</strong> and measures in force<br />

MFN tariffs Final bound Applied 2011 Outstanding notifications in <strong>WTO</strong> Central Registry<br />

25<br />

Simple average of import duties Goods RTAs - services EIAs notified to <strong>WTO</strong> 33 - 10<br />

All goods 5.2 5.3 Anti-dumping (30 June 2011) 140<br />

Agricultural goods (AOA) 13.8 13.9 Countervailing duties (30 June 2011) 11<br />

Non-agricultural goods 3.9 4.0 Safeguards (26 October 2011) 0<br />

Non ad-valorem duties (% total tariff lines) 4.8 4.7 Number of disputes (complainant - defendant)<br />

MFN duty free imports (%, 2010)<br />

Requests for consultation<br />

87 - 73<br />

in agricultural goods (AOA)<br />

42.9 Original panel / Appellate Body (AB) reports 36 - 31<br />

in non-agricultural goods<br />

58.8 Compliance panel / AB reports (Article 21.5 DSU) 4 - 4<br />

Services sectors with GATS commitments 115 Arbitration awards (Article 22.6 DSU) 4 - 3<br />

MERCHANDISE TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010 2011<br />

Merchandise exports , f.o.b. (million US$) 473 191<br />

4 15 17<br />

Merchandise imports , c.i.f. (million US$) 637 762<br />

4 16 14<br />

2011<br />

2011<br />

Share in world total exports 2.59 Share in world total imports<br />

3.46<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By main commodity group (ITS) By main commodity group (ITS)<br />

Agricultural products 7.3 Agricultural products 10.8<br />

Fuels and mining products 18.7 Fuels and mining products 18.4<br />

Manufactures 72.1 Manufactures 69.1<br />

By main destination By main origin<br />

1. European Union (27) 53.4 1. European Union (27) 51.3<br />

2. United States 13.3 2. China 9.0<br />

3. China 3.0 3. United States 8.1<br />

4. India 1.8 4. Norway 6.0<br />

5. Switzerland 1.8 5. Japan 2.1<br />

COMMERCIAL SERVICES TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010<br />

2011<br />

Commercial services exports (million US$) 273 733<br />

5 2 11<br />

Commercial services imports (million US$) 170 426<br />

1 1 6<br />

2011<br />

2011<br />

Share in world total exports 6.57 Share in world total imports<br />

4.31<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By principal services item<br />

By principal services item<br />

Transportation 12.9 Transportation<br />

19.4<br />

Travel 13.0 Travel<br />

29.4<br />

Other commercial services 74.1 Other commercial services<br />

51.2<br />

INDUSTRIAL PROPERTY<br />

Patent grants by patent office, 2010 <strong>Trade</strong>mark registrations by office, 2010<br />

Residents Non-residents Total<br />

Direct residents Direct non-residents Madrid Total<br />

2 323 3 271 5 594 23 246 ... 4 084 27 330<br />

<strong>World</strong> <strong>Trade</strong> <strong>Organization</strong><br />

<strong>Trade</strong> <strong>Profiles</strong> <strong>2012</strong><br />

United Kingdom<br />

September <strong>2012</strong><br />

Download the data:<br />

www.wto.org/statistics<br />

179

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