What products does China export to the UK?

What does the UK get from China?

Total UK imports from China amounted to £67.6 billion in the four quarters to the end of Q2 2021 (an increase of 39.5% or £19.2 billion compared to the four quarters to the end of Q2 2020).

What does the UK rely on China for?

The Times reports that active pharmaceutical ingredients needed to make painkillers, antibiotics and anti-viral drugs are among the 71 critical goods for which the UK relies heavily on Beijing for supplies, according to the Henry Jackson Society.

What are the main exports from China?

China’s top exports are broadcasting equipment ($231B), computers ($146B), office machine parts ($90.8B), integrated circuits ($80.1B) and telephones ($62B), according to 2017 data from the Observatory of Economic Complexity, a Massachusetts Institute of Technology-linked trade tracker.

How much does the UK rely on China?

China accounted for 4.4% of UK exports and 6.8% of all UK imports. China was the UK’s sixth largest export market and fourth largest source of imports.

How much is imported from China to UK?

UK imports of goods from China were £46.9 billion, up slightly from 2018, resulting in a trade deficit of -£21.8 billion in trade in goods. The UK had a surplus of £3.5 billion on trade in services with China in 2019, exporting a record high of £5.5 billion of services and importing £2.1 billion.

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What is Britains largest export to China today?

The Q1 2021 increase in exports to China was led by UK manufactured goods such as machinery and transport equipment achieving £1.8 billion (US$2.5 billion) in export value. Motor vehicles also performed well with exports of £1.05 billion (US$1.47 billion).

Does the UK rely on China?

There is Chinese investment in the United Kingdom. I think the key thing is about not becoming dependent and making sure that we have a multitude of trading partners.” New data from the Office for National Statistics this week shows the U.K. has become more reliant on China for its imports over the past two years.

Who is the UK’s biggest trading partner?

List of the largest trading partners of United Kingdom

Rank Country Total trade
Total for non-EU 642,726
European Union (Total) 614,980
1 United States 182,583
2 Germany 134,927

Does China invest in UK?

Notable Chinese-UK deals in H1 2021

The largest investment in H1 2021, at £432 million, involved Chinese technology conglomerate Tencent, along with other investors: its fourth-round series D funding in Cambridge-based MedTech company CMR Surgical Ltd.

How important is China to the UK economy?

Trade is central to the UK economy: According to the World Bank, exports of goods and services accounted for 31.5% of the country’s GDP in 2019. … They show that China, the UK’s third largest export partner, remains a crucial market for UK goods, from cars and other transport equipment to food and livestock.

How can I avoid buying Chinese products UK?

How to avoid buying Chinese products – tips

  1. Use search for products made in countries other than China on this website (or other similar websites).
  2. When going to shops: don’t buy products with label “Made in China” or “Made in PRC” (latest sneaky way of trying to sell Chinese products).
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