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The UK is a major centre for engine manufacturing, and in 2008 around 3.16 million engines were produced in the country. [152] The aerospace industry of the UK is the second largest aerospace industry in the world (after the United States) and the largest in Europe.
As of 2022, the UK aerospace industry was the second largest in the world behind that of the United States, [15] with a turnover of over $34.5 billion. Major players in the UK defence and aerospace market include BAE Systems, Airbus, Rolls-Royce, Babcock International, GKN Aerospace, Leonardo, Safran, General Electric, MBDA and Thales.
The pharmaceutical industry employs around 67,000 people in the UK and in 2007 contributed £8.4 billion to the UK's GDP and invested a total of £3.9 billion in research and development. [ 113 ] [ 114 ] In 2007 exports of pharmaceutical products from the UK totalled £14.6 billion, creating a trade surplus in pharmaceutical products of £4.3 ...
The major primary fossil fuel industry in the UK is North Sea oil. Its activity is concentrated on the east coast in Scotland and Northern England . The waters in the North Sea off the east coast of Scotland contain nearly half of the UK's remaining oil reserves , and a quarter of reserves are located in the North Sea near the Shetland Islands.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
The UK is a major centre for engine manufacturing: in 2022 around 1.5 million engines were produced. [287] It is also the world's fourth-largest exporter of engines, as of 2021. [290] The UK motorsport industry employs more than 40,000 people, comprises around 4,300 companies and has an annual turnover of around £10 billion.
London is a major retail centre, [88] [89] and in 2010 [out of date] had the highest non-food retail sales of any city in the world, with a total spend of around £64.2 billion. [90] The UK's fashion industry, centred on London, contributes tens of billions to the economy. [91]
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. #