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UK trade with other EU Member States (in share of total trade with the EU, 2017)

Figure 2 – UK trade with other EU Member States (in share of total trade with the EU, 2017)

UK trade with other EU Member States (in share of total trade with the EU, 2017)

Moreover, the EU accounted for 42 % of total UK trade in services in 2014. In 2014, services flows from the UK to the EU represented 37 % of total UK services credit (exports). However, that percentage rises to 41 % for financial services (excluding insurance), 43 % for the travel sector, and 45 % for the transport sector. The top UK export sectors to the EU are: financial services (with or without insurance); other business services (which include legal services, accountancy and audit, consultancy, etc.); and the travel and transport sector. EU exports services to the UK of are more important in the transport and travel sector as well as the other business sector. EU exports to the UK represent 49 % of total UK imports of services.

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