Tuesday, 2 August 2011

England Trade, England Exports, England Imports

England is a highly industrialized economy with a well established trade infrastructure. Ever since colonization started, trade has been the most prominent factor of England’s economy. The legacy has been continued into the New World as well, with strong trading relations with the EU and other western countries.

England, as an industry, produces:

    *      Machine tools
    *      Electric power equipment
    *      Automation equipment
    *      Railroad equipment
    *      Ships
    *      Aircraft
    *      Motor vehicles and parts
    *      Electronics and communications equipment
    *      Metals
    *      Chemicals
    *      Coal
    *      Petroleum
    *      Paper and paper products
    *      Processed food
    *      Textiles

Correspondingly, England’s exports show a dominant presence of the aforementioned products as well.
England Trade: Exports and Imports

England, as a part of United Kingdom, recorded a figure of $351.3 billion in 2009 and ranked 10th in the world when it came to exports. Although the recession brought down the figure from $466.3 billion achieved in 2008, the economy was still helped by the amount of exports.



England’s most common exported commodities are:
  • Manufactured goods
  • Fuels
  • Chemicals
  • Food
  • Beverages
  • Tobacco
Major export partners are:
  • US
  • Germany
  • Netherlands
  • France
  • Ireland
  • Belgium
  • Spain

Imports in 2009 were recorded at $473.6 billion, in contrast to $639.3 billion in 2008. England was the 7th country in the world in terms of import volumes.
England’s imports are dominated by the following commodities:
  • Manufactured goods
  • Machinery
  • Fuels
  • Foodstuffs
England’s major import partners are:
  • Germany
  • US
  • China
  • Netherlands
  • France
  • Norway
  • Belgium
  • Italy

The real highlight of England’s trade, be it exports or imports, is its diverse reach. England trades with almost all the major countries of the world.

No comments:

Post a Comment