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Trade in GBP £ Millions Rank Country Imports to UK Exports from UK Total trade Trade balance -Total for non-EU: 345,533: 341,932: 642,726: 41,138 - European Union (Total) 341,002
Goods The UK has no free trade agreement with any of the EU Overseas Countries and Territories. Greenland and the UK have opened negotiations for a free trade agreement. [168] [169] Montenegro: 1 15 October 2007 1 May 2010 1 January 2021 Goods & Services The UK has no free trade agreement with Montenegro. [170] [109]
The New Zealand–United Kingdom free trade agreement (NZUKFTA) was signed on 28 February 2022. [1] The broad terms of the agreement were concluded on 20 October 2021. [ 2 ] It was the second trade agreement signed by Britain since leaving the European Union that was negotiated completely anew.
Intertrade UK is a public body to promote trade within the UK which was announced as part of the UK government package to restore devolution to Northern Ireland. [ 1 ] It was created alongside the East–West Council as part of a DUP deal behind the 2024 Northern Ireland Executive formation .
The UK exports to 160 nations. The UK is the fifth largest exporter. Data is for 2019, in millions of USD (United States dollars), as reported by International Trade Centre. Currently the top fifty exports are listed. #
The UK needs to follow — in respect of Northern Ireland — EU regulations with regards to trade in goods and to implement future changes of those regulations; The Court of Justice has jurisdiction with regards to non-compliance of the UK with parts of the protocol as well as with the application of the trade in goods-regulation.
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Compared to the UK's previous status as an EU member state, on 1 January 2021 the following ended as they are not incorporated in the TCA or the Brexit withdrawal agreement: free movement of persons between the parties; UK membership in the European Single Market and Customs Union; UK participation in most EU programmes; part of EU–UK law ...