The UK reported a negative automotive trade balance in all the years recorded, except for in 2020, amid the COVID-19 pandemic. In 2022, the country imported some 59.4 billion Great British pounds in automotive goods, compared to 34.4 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 2022
(in billion GBP)
Automotive trade includes both passenger and commercial vehicles, as well as trailers, semi-trailers, parts, and components. Vales prior to 2022 were taken from previous editions of the publication, save for 2021, which was retrieved from the source's Motor Industry Facts report published in 2023.
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SMMT. (October 16, 2023). Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2022 (in billion GBP) [Graph]. In Statista. Retrieved November 18, 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 2022 (in billion GBP)." Chart. October 16, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/
SMMT. (2023). Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2022 (in billion GBP). Statista. Statista Inc.. Accessed: November 18, 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 2022 (in Billion Gbp)." Statista, Statista Inc., 16 Oct 2023, 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 2022 (in billion GBP) Statista, https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/ (last visited November 18, 2024)
Trade value of motor vehicles exported from and imported to the United Kingdom (UK) from 2014 to 2022 (in billion GBP) [Graph], SMMT, October 16, 2023. [Online]. Available: https://www.statista.com/statistics/299359/motor-vehicle-imports-and-exports-in-the-united-kingdom/