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United Kingdom: Trade Profile
October 2010
United Kingdom
             
BASIC INDICATORS
Population (thousands, 2009) 61 838Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009)2 174 530Merchandise 106
GDP (million current PPP US$, 2009)2 256 830excluding intra-EU trade--
Current account balance (million US$, 2009)- 28 690Commercial services23
Trade per capita (US$, 2007-2009) 23 697excluding intra-EU trade--
Trade to GDP ratio (2007-2009)  57.2
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  11411-5
Exports of goods and services (volume, 2000=100)  a  12830...
Imports of goods and services (volume, 2000=100)  a  1384-1...
             
TRADE POLICY
WTO accession1 January 1995Contribution to WTO budget (%, 2010)5.105
Trade Policy Review6, 8 April 2009Import duties collected
GPA accession 1 January 1996in total tax revenue...
Tariffs and duty free importsto total imports...
Tariff binding coverage (%)   100Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  20
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO30 - 9
All goods  5.2  5.3Anti-dumping (30 June 2009)144
Agricultural goods (AOA)  13.5  13.5Countervailing duties (30 June 2009)10
Non-agricultural goods  3.9  4.0Safeguards (19 October 2009)  0
Non ad-valorem duties (% total tariff lines)  4.8  4.6Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation82 - 71
in agricultural goods (AOA)  41.3Original panel / Appellate Body (AB) reports33 - 28
in non-agricultural goods  54.8Compliance panel / AB reports (Article 21.5 DSU)4 - 4
Services sectors with GATS commitments  115Arbitration awards (Article 22.6 DSU)4 - 3
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 352 49125-23
Merchandise imports, c.i.f. (million US$) 481 70742-24
2009  2009
Share in world total exports   2.82Share in world total imports 3.80
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  7.4Agricultural products12.1
Fuels and mining products  14.4Fuels and mining products13.1
Manufactures  73.0Manufactures69.9
  By main destination  By main origin
1. European Union (27)  54.81. European Union (27)  52.7
2. United States  14.92. United States  9.7
3. China  2.33. China  9.0
4. Switzerland  1.74. Norway  4.8
5. Canada  1.65. Japan  2.0
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$) 233 316  82-18
Commercial services imports (million US$) 160 873  61-18
2009  2009
Share in world total exports  6.96  Share in world total imports5.12
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  14.3  Transportation17.7
Travel  13.0  Travel30.4
Other commercial services  72.7  Other commercial services51.9
             
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008Trademark registrations by office, 2008
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
 2 070 3 290 5 360 28 767 4 987 5 746 39 500
             
a  Refers to 2008 values and to the average annual percentage change for 2000-2008.
Source WTO
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