71236 United Kingdom: Trade At-A-Glance Dec-08 2007 GDP 2007 GDP 2007 Share 2007 Trade Membership No. of RTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $2,739,809 $45,251 4.66% $25,533 1948 1995 25 4 Utd Kingd TRADE PERFORMANCE ‡ HI OECD Ranking Decile TP High inc TRADE POLICY (TP) (out of 125) 25 2 EXTERNAL ENVIRONMENT (EE) (out of 126) 20 2 TO EE INSTITUTIONAL ENVIRONMENT (IE) (out of 181) 6 1 TRADE FACILITATION (TF) (out of 151) 9 1 TRADE OUTCOME (TO) (out of 161) 153 10 TF IE ‡ Rankings are based on the "representative" indicators (in bold) in each group below for the latest year Outer bound represents best value in latest year TRADE POLICY (TP)  1995-99^ 2000-04^ 2005-07^ Latest^ Trade Tariff Restrictiveness Index (MFN applied tariffs)& 3.9 4.1 4.1 * TTRI (applied tariffs including preferences) & .. 1.6 1.8 * TTRI Overall TRI (OTRI, applied tariffs incl. prefs.+NTMs)& .. 6.5 6.4 * (MFN) Other trade policy indicators MFN applied tariff - simple avg (%) 7.9 6.1 5.3 5.5 Applied Dispersion (coefficient of variation) 4.4 10.1 1.7 2.0 tariff (wgt avg) Maximum rate 1635.3 2102.4 201.3 228.8 Agriculture - simple avg (%) 26.4 19.1 14.7 16.7 Import Nonagriculture - simple avg (%) 5.2 4.2 3.9 3.8 duties MFN applied tariff - trade weighted avg (%) 5.7 3.5 3.2 3.2 MFN zero-duty imports (% in total imports) 27.4 44.3 58.8 56.7 * Applied tariff (incl. prefs.) - trade weighted avg (%) 4.3 2.2 1.9 2.1 Nontariff measures Agriculture 20.4 11.2 9.4 10.1 Nonagriculture 2.9 1.6 1.5 1.6 0 10 20 30 40 Applied tariff (incl. prefs.) - production weighted avg (%) .. 1.9 1.6 * HI OECD High inc Utd Kingd Applied tariff (incl. prefs.) escalation (finished% minus raw%) -0.3 1.0 1.0 Agriculture .. 7.4 14.4 16.5 Nonagriculture .. -2.2 1.0 0.9 Import duties (% of imports) .. .. .. .. Services commit. Tariff overhang (MFN bound less MFN applied rate,%) -0.3 1.4 0.2 0.0 Bound tariff frequency ratio (% of total lines) 100.0 100.0 100.0 100.0 * Specific tariffs frequency ratio (%) 3.2 3.7 12.5 10.5 0 40 80 Non-tariff measures frequency ratio (%) 34.4 .. .. .. HI OECD High inc Utd Kingd Overall GATS commitment index (0-100, best) .. 46.8 46.8 EXTERNAL ENVIRONMENT (EE)  1995-99^ 2000-04^ 2005-07^ Latest^ MA-TTRI (applied tariffs incl. prefs.)& 4.8 4.4 * MA-OTRI (applied tariffs incl. prefs.+NTMs)& 14.3 9.1 * MA-TTRI Other external environment indicators ROW applied tariff (incl. prefs.) - weighted avg (%) 5.3 4.5 3.4 3.0 * MFN duty free Agriculture 20.3 19.8 12.3 8.0 * (exports) Nonagriculture 4.5 3.7 3.0 2.7 * MFN zero-duty exports (% of total exports) 28.2 44.9 45.1 46.0 * Value of prefer Exports with FTA / CU partners (% of total exports) 59.0 64.4 65.8 67.9 * Preferences (EU+U.S.) utilization rate (%) .. .. .. .. 0 1 Lowest Highest Preferences (EU+U.S.) actual value (% of exports) .. .. .. .. HI OECD High inc Utd Kingd Real effective exchange rate (% change,+ =apprec.) 4.1 1.0 2.0 -10.4 ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used(noted by *). For more infor., see User's Guide at http://www.worldbank.org/wti2008. ŸMFN: most favored nation; NTM: nontariff measures; MA: market access; ROW: rest of the world; FTA: free trade agreement; CU: customs union; WTO: World Trade Organization GATT: General Agreement on Tariffs and Trade; WGI: World Government Indicators; ".." indicates missing value; RTA/EIA: regional trade arrangement / economic integration arrangement; & 2007 are preliminary estimates United Kingdom Trade At-A-Glance Dec-08 INSTITUTIONAL ENVIRONMENT (IE) 2004 2006 2007 2008 Ease of Doing Business (rank out of 181) .. .. 6 6 Starting a business (rank) .. .. 6 8 Enforcing contracts (rank) .. .. 24 8 Ease of Doing Closing a business (rank) .. 10 24 Business Other institutional environment indicators WGI - Regulatory Quality (-2.5 to +2.5, best) 1.92 1.86 1.77 .. 0 80 160 WGI - Rule of Law (-2.5 to +2.5, best) 1.71 1.75 1.75 .. HI OECD High inc Utd Kingd WGI - Control of Corruption (-2.5 to +2.5, best) 1.99 1.90 1.89 .. TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-07^ Latest^ Logistics Performance Index (LPI, 1 to 5 best) .. .. 4.0 4.0 * Efficiency of customs and other border procedures .. .. 3.7 3.7 * Logistic Index Quality of transport and IT infrastructures .. .. 4.0 4.0 * International transportation costs .. .. 3.9 3.9 * Logistics competence .. .. 4.0 4.0 * Trading Trackability of shipments .. .. 4.1 4.1 * Across Borders Domestic transportation costs .. .. 2.2 2.2 * Timeliness of shipment .. .. 4.2 4.2 * Other trade facilitation indicators UNCTAD Shipping Doing Business - Trading Across Borders (rank out of 181) .. 27 28 No. of documents required for exports .. .. 4 4 No. of days process required for exports .. .. 27 27 Telephones Cost to export (US$ per container) .. .. 852 1,030 per 100 No. of documents required for imports .. .. 4 4 No. of days process required for imports .. .. 14 13 Secondary Cost to import (US$ per container) .. .. 1,097 1,350 enrollment Liner shipping connectivity index (0-100 best) .. .. 80.9 76.8 Telephones and mobiles per 100 people 76.3 143.7 169.7 173.1 * Lowest 0 1 Highest Average cost of 3-minute call to U.S. (US$) 1.3 1.0 .. .. HI OECD High inc Utd Kingd Internet usage (per 100 people) 9.7 38.6 61.7 65.9 * Secondary gross school enrollment (%) 100.0 102.5 101.5 97.9 * TRADE OUTCOME (TO) ## 1995-99^ 2000-04^ 2005-07^ Latest^ Real growth in trade of goods and services (%) 7.6 4.7 5.2 -1.4 10 8.7 8.4 Exports 6.7 3.9 4.8 -0.8 8 7.6 7.9 7.2 6.6 6 Imports 8.5 5.4 7.6 -2.0 5.7 4.7 5.2 5.3 4 Other trade outcome indicators 2 Trade integration (trade as % of GDP) 56.6 55.9 58.1 64.6 0 FDI inflow (% of GDP) 3.7 3.8 7.1 6.1 1995-99 2000-04 2005-07 2008 -1.4 -2 World trade share growth (%) 1.3 -1.7 -3.2 -7.7 Trade Growth Rate Exports 1.0 -2.3 -4.1 -6.2 Utd Kingd HI OECD High inc Imports 1.5 -1.2 -2.4 -9.1 Merchandise share in total exports (%) 72.6 67.4 63.9 61.9 Exports Share (2005-07) Agriculture 5.4 4.1 3.6 3.4 * Agric, Manufacturing 59.9 55.0 50.2 50.7 * 3.6 Mining, fuel and others 7.3 8.2 11.4 11.5 * Service, Service share in total exports (%) 27.4 32.6 36.1 38.1 36.1 Tourism 6.1 5.0 5.2 5.4 * Transportation 4.9 4.8 4.8 4.5 * Manuf, 50.2 Other services 16.4 22.8 26.1 28.7 * Export product concentration index (0 to 100, highest) 7.8 9.8 11.1 12.4 * Mining, Export market concentration index (0 to 100, highest) 24.3 26.0 25.2 25.3 * 11.4 Top 5 exports share (% of merchandise exports) .. .. 29.2 26.6 * Top 5 exports (SITC Rev. 2; 3 digit) Cars[781],Petrol./bitum oil,crude[333], Medicaments[542], Hvy pet/bitum oils[334], Engines non-elect[714] ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used (noted by *). For more info., see User's Guide at http://www.worldbank.org/wti2008 ## Most outcome indicators (mostly through 2007) are from the WDI (World Bank, Data Group), UNCTAD or COMTRADE; for filling gaps and 2008, data from the Prospects Group are used.