Britain’s fastest growing trade links (By Sylodium, international trade directory)

In 2012 the sum of British goods and services traded was £1 trillion ($1.5 trillion). At around 70% of GDP this is well above the OECD average, and the share of trade in the American economy (around 25%). Although some trade more in Germany the ratio is 90%, Britain is comparatively open. The biggest chunk of trade is in goods, which make up 80% of global trade and 62% of Britain’s exports. Today’s bestsellers include machines, pharmaceuticals and cars. When added to the next biggest oil these account for half of Britain’s exports. But Britain still buys more than it sells. In 2012 car exports were worth £21 billion, with Land Rovers and Minis strong sellers, though cars worth £23 billion were bought from abroad. And while £40 billion of oil went overseas, £54 billion came in as imports. In total, the deficit ran to £106 billion in 2012. Britain’s trade with other European countries is vital: seven of the ten main exports destinations are also in the European Union but non-EU trade are becoming more significant. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; London (UK) - Berlin (Germany) or any city around the World.