The UK reported a negative automotive trade balance in all the years recorded. In 2023, the country imported some 68.1 billion Great British pounds in automotive goods, compared to 47.1 billion Great British pounds in exports.
In 2022, the UK produced roughly 775,000 million cars, a notable drop from nearly 859,600 million cars produced in 2021. Although the UK car production was declining for the past three years, the significant decrease in production that occurred in 2020 was mainly due to the COVID-19 pandemic.
Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023
(in billion GBP)
Automotive trade includes both passenger and commercial vehicles, as well as trailers, semi-trailers, parts, and components. Vales prior to 2019 were taken from previous editions of the publication.
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SMMT. (October 24, 2024). Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023 (in billion GBP) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/
SMMT. "Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023 (in billion GBP)." Chart. October 24, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/
SMMT. (2024). Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023 (in billion GBP). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/
SMMT. "Trade Value of Motor Vehicles Exported from and Imported to The United Kingdom (Uk) from 2014 to 2023 (in Billion Gbp)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/
SMMT, Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023 (in billion GBP) Statista, https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/ (last visited December 12, 2024)
Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2023 (in billion GBP) [Graph], SMMT, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/