The UK's major trading partners

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11 Terms

1
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What is trade?

the exchange of goods & services between countries

2
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What are imports?

goods purchased & transported into one country from another

3
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What are exports?

goods sold & transported from a country into another

4
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What is trade deficit?

the amount by which a country’s imports exceed the value of their exports

5
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What is trade surplus?

the amount by which a country’s exports exceed the value of their imports

6
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Who are the UK’s main trading partners? (2014)

- European Union (EU)

- USA

- China

- Commonwealth

7
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What are the top 5 countries that the UK import from?

- Germany

- China

- Netherlands

- USA

- France

8
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What goods does the UK import?

- cars

- electrical items

- clothing

- petrol

9
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What are the top 5 countries that the UK export from?

- USA

- Germany

- Netherlands

- Switzerland

- France

10
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What goods does the UK export?

- engineering

- oil

- vehicles

11
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How the UK’s trade be displayed?

- proportional circles

- bar charts

<p>- proportional circles</p><p>- bar charts</p>