UK’s top 5 exports in 2020 and the percentage change with the previous year

The chart depicts the five top goods exported by the UK in 2020 compared to the previous year, in both absolute figures and annual percentage variations. In addition, the bar graph illustrates the proportion of total exports from the UK destined to the European Union over a ten-year period. Regarding to the traded commodities, crude oil and car industry respectively represent the lesser and greatest significant profit for the UK by 2020. However, oil experienced the most noticeable decrease in annual exportation, whilst dropping a 31. 9% in only one year. On the other hand, turbo jets and gold did also suffer a negative trend, as the former saw a loss in exportation rates of almost one-quarter in one year, while the latter dropped in around 10%. Conversely, gold stands in second place of the most profitable exported good. In addition, it represents the only material that increased its exportation between one year and the other, with an export percentage gain of 1. 6%. However, while almost 55% of the total proportion of manufactured and non-manufacture goods were sent to Europe in the year 2000, export figures constantly diminished until 2020 up to around 42%. Overall, the exportation of almost all goods experienced a decline in its annual percentage change, some in a more expeditious fall than others. Moreover, the total percentage of goods having been exported to the European Union did also experience a downward trend since the beginning of the millennium.