Highly developed, the UK’s economy is market-oriented and ranks as the 5th largest economy worldwide by GDP after the US, China, Japan and Germany and 9th largest by PPP. It is the 7th freest economy in the world. The major economic sectors that contribute to its economy include the service and manufacturing sectors. These contribute to its foreign trade as it majorly trades with countries such as the EU, the US, China, Canada, Japan, Saudi Arabia, Russia, Brazil and many more.
The UK ranks as the 10th largest exporter of goods and 5th largest importer of goods worldwide. Its main exports include machinery such as computers, cars, electronics, pharmaceuticals, gems, plastics and more. It imports products such as machinery, pharmaceuticals, mineral fuels, vehicles, electrical machinery, and medical apparatus, among others. This makes it have a negative trade balance.
Being a member of the EU, it holds about 40 FTAs with more than 70 countries. However, the UK plans to withdraw from its membership in the EU and will, therefore, hold its own FTAs outside the EU. Trade policies within the UK are controlled by the European Commission. Hence, this information will enable you to view sea and air freight so as to carry out trade explorations with the UK.
UK oversees an extensive sea freight forwarding in most ports of the country, of which the biggest ones are described below:
The Port of Felixstowe, in Felixstowe, Suffolk is the busiest container port in the UK, dealing with 48% of the country's containerised trade.
In 2017, it was ranked as 43rd busiest container port in the world and 8th in Europe, with a handled traffic of 3.85 million TEUs.
The port has two main container terminals and a RO-RO terminal.
Felixstowe is owned by Hutchison Port Holdings (HPH) Group.
The Port of Southampton is located in the central part of the south coast of England. The container terminal is operated by DP World Southampton and it's Britain's second largest deep sea terminal. The railway line from the port allows to handle the taller containers now in widespread use.
The port has facilities for the import and export of vehicles. The terminal for bulk goods handles over a million tons annually, 80,000 tons (tonnes) of fresh fruits and vegetables. With mile-long marine terminal handling 2000 ship movements and 22 million tons (tonnes) of crude oil annually, that make it the largest independently owned docks facility in Europe.
Established in 1908, this port is situated along the river banks of Thames from the capital to the North Sea. It handles an annual cargo tonnage exceeding 45 million tons with a container TEU of 3.5 million per year.
The port has good road and rail links to other regions within the United Kingdom.
Built in 1715, its dock system stretches from Brunswick to Seaforth for 12.2km. It handles about 700,000 TEUs of containerized cargo and 32 million tons of cargo volume such as grain, timber, oil, bulk liquids, and general cargo.
The port is connected to other areas in the UK by road connections.
Situated near Birmingham town, on the south bank of Humber Estuary that is west of Grimsby, it began as a coal exporting terminal in 1906. Grimsby occupies 550hectares while Birmingham spreads over 1,230 hectares. It has a state-of-the-art infrastructure that handles more than 60 million tons and 200,000 TEUs annually.
It is connected by rail and road to other regions in the United Kingdom.
Being around 10km apart, these ports are situated on the River Tees, which is on the northwestern part of England. The ports cover over 200 hectares and handle more than 56 million tons of cargo with over 500,000 TEUs per years.
There are comprehensive rail and road links to other regions in the UK.
Below describes an overview of air freight forwarding in major airports of UK.
This airport is located near Longford, Hillingdon Borough in London. It began in 1929 acting as a small airfield. The airport spreads over 1,214 hectares and is the busiest airport by cargo volume handling over 1.5 million tons of cargo per year.
It has comprehensive road and rail connections to different regions in the UK.
Gatwick Airport is the UK’s second largest airport, near Crawley, West Sussex, England, 47.5 km south of Central London.
Annually £7.5 billion in goods trade through Gatwick.
Gatwick’s cargo tonnage increased by 11.4% in 2019 due to its growing long-haul networks, which offer increased aircraft belly-hold capacity.
This increasing cargo capacity is providing greater trade opportunities for businesses exporting through Gatwick.
It is located close to Castle Donington, Leicestershire in the United Kingdom. Its construction began in 1946 and opened in 1965 for its operations. It handles cargo tonnage exceeding 270,000 tons annually.
The airport has road and rail access which links it to other regions in the UK.
Located in Stansted, Mountfitchet, in the UK and dates back to 1942. It occupies 713 hectares and handles over 220,000 tons of cargo annually. It has good rail and road links.
|Company Name||country||location||Get an instant quote|
|AB Aviation & Logistics Group Limited||UNITED KINGDOM||BELFAST|
|IN TIME WORLDWIDE EXPRESS LTD||UNITED KINGDOM||HEATHROW|
|IN TIME WORLDWIDE EXPRESS LTD||UNITED KINGDOM||MANCHESTER|
|SANTOVA LOGISTICS UK||UNITED KINGDOM||BIRMINGHAM|
|SANTOVA LOGISTICS UK||UNITED KINGDOM||LONDON|
|SANTOVA LOGISTICS UK||UNITED KINGDOM||MANCHESTER|
|TRANSVALAIR UK LTD.||UNITED KINGDOM||GATWICK|
|TRANSVALAIR UK LTD.||UNITED KINGDOM||FELIXSTOWE|
|TRANSVALAIR UK LTD.||UNITED KINGDOM||GATWICK|
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