Is the USA the largest importer of UK goods and services?
Yes, the USA is the UK’s top import partner, accounting for 14.5% of total UK exports in 2015. It is followed by Germany, Switzerland, China and France. Given this, and the long-standing special relationship between the USA and the UK, many UK-based companies looking to expand overseas look to the America.
The UK sells goods and services to a number of countries in the world, many of which are countries within the European Union. However, the USA is the country that wins the ‘largest importer’ of British goods and services.
In 2015, the USA was the UK’s top import partner, accounting for 14.5% of total UK exports. This represents approximately $51 billion. The USA is closely followed by Germany, Switzerland, China and France.
Due to the fact that the USA is the UK’s top import partner, and the long-standing special relationship between the two countries, a number of UK based businesses look to America when expanding internationally.
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