England exports manufactured goods, fuels, chemicals, gas turbines, food, beverages and tobacco; it imports machinery and computers. The country also sells and buys manufactured goods, food, fuels, petroleum, cars and medicines.
Since the beginning of the colonial era, foreign trade has been a major component of the British economy. A highly developed industrial nation, England has strong trading relationships with members of the European Union and other countries.
It ranks among the top 10 exporters as of 2014, shipping more than $350 billion worth of goods annually. England is the leading exporter of diamonds, liquor, radioactive chemicals, antiques, stainless steel ingots, horses, breathing appliances, scrap nickel and lead. The nation's industries also produce and export machine tools, ships, aircraft, electronics, motor vehicles, coal and paper products, as well as communications, electric-power, automation and railroad equipment. In 2014, 12 percent of England's exports go to the United States, 11 percent to Germany, 7.6 percent to the Netherlands, 6.9 percent to France and 5.5 percent to Belgium.
The country receives 13 percent of its imports from Germany, 8.7 percent from China, 7.5 percent from the Netherlands, 7 percent from the United States and 5.7 percent from France. In 2009, England ranked seventh in the world for import volume at $473.6 billion.