U.S. Overtakes Germany As UK’s Biggest Source Of Imports: UK Trade Department

www.oann.com | 6/18/2019 | Staff
vegdancer18 (Posted by) Level 3
LONDON (Reuters) – The United States overtook Germany as the biggest supplier of imports into Britain for the first time on record in the last financial year, the UK government said on Friday.

British trade minister Liz Truss has said the United States tops her priority list for post-Brexit trade deals and has been in Washington this week, along with Foreign Secretary Dominic Raab, to promote UK-US ties.

Imports - United - States - % - Pounds

Imports from the United States increased by 14% to 78.27 billion pounds ($94.43 billion) in the year to April, the Department for Trade said, while imports from Germany fell by 0.1% to 78.26 billion pounds.

While Germany has long been Britain’s biggest source of imports, the United States was already Britain’s largest export market, with exports reaching a record high of 121.6 billion pounds in the last financial year.

US - Market - Exports

“Now that the U.S. is our largest market for both exports...
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