UK exports and imports in six charts
Thanks to the BBC, who have used data from the ONS, HMRC and the Food and Drink Federation to produce six charts summarising the UK's imports and exports. They analyse the figures behind the fact that about 28% of the goods and services we produce are sold abroad, while 30% of what we buy comes from other countries.
Very timely for new students in year one of their course who are learning about the current account, and as a reminder to those in the second year who need to keep revisiting year one material as the basis of their more advanced study.
Students - do you think the chart below shows our exports or our imports? Check the article, linked above, to see!