Reino Unido Auto Exports

UK car exports fell by 15.4 percent from a year earlier to 46,219 units in December 2021, a sixth consecutive month of decline. Considering 2021 full year, production for overseas markets declined 5.8 percent to 705,826 units, amid reports of shortages of semiconductors and labor, as well as depressed demand due to lockdowns. The EU remained the UK’s largest market by some considerable distance, accounting for 55.0 percent of exports and representing 388,249 units (-3.0 percent vs 2020), despite frictions and costs arising from the new trading arrangements. Shipments to several other major global markets also fell, with the US, the UK's second ranked export destination, down 10.5 percent and Japan, the fourth largest export market, down 36.1 percent. China, in third place, fared better, with exports up 0.6 percent, reflecting strong market conditions in the country. Exports to Canada, Australia and South Korea, however, declined, 5.3 percent, 31.1 percent and 29.7 percent respectively.