Did you know almost £28bn of trade goods between the UK and the USA travelled via Heathrow in 2015? As the UK’s busiest port by value, Heathrow plays a key role in trade between the nations with medical products, antiques, vaccines, turbojets and hand paintings among the most traded items! Find out what the top 5 UK imports and exports with the USA, via Heathrow, are below!
The transatlantic relationship between the UK and the USA is an economically important one for the both countries, with over £80.5bn of trade goods passing between the two in 2015!
Of these goods, 35% travelled via Heathrow – most in the bellyhold of passenger aircraft.
The top 5 exports
31% of the UK’s exports to the USA went via Heathrow in 2015, totalling £13,893m! Human vaccines (£2,108.6m) were by far the most exported product to the UK via Heathrow –96% of the total of these goods that passed through all UK ports.
The top 5 exports to the USA via Heathrow in 2015 were:
Human vaccines – £2,108.6m
Medical products – £1,670.3m
Hand paintings – £1,470.6m
Parts of aeroplanes or helicopters – £665.1m
Biochemistry products (nucleic acids, heterocyclic compounds) – £59.8m
The top 5 imports
Imports from the USA via Heathrow totalled £14,023m – or 40% of the UK’s total. Turbojet parts (£1,316.4m) were the number one commodity, however, surprisingly hand paintings and antiques, over 100 years old, were also in the top 5!
The top 5 imports by value were:
Turbojet parts – £1,316.4m
Medical products – £585.2m
Hand paintings – £574.8m
Parts of aeroplanes or helicopters – £473m
Antiques of > 100 years old – £293.1m
29% of the UK’s non-EU trade goes via Heathrow each year
The statistics further highlight the importance of Heathrow to the UK’s trading strength, with 29% of the UK’s non-EU exports go via the airport each year. Taking into account all imports and exports via the airport, over £117.9bn of UK trade was via Heathrow in 2015 – this is more than Felixstowe (£50.3bn) and Southampton (£51.3bn), the UK’s two biggest shipping ports, combined!
NOTE: Full data and calculations can be found, here.