United Kingdom’s Top 10 Major Export Companies

Sales is the life blood for most businesses, and particularly for firms that compete in international trade. Eight of the United Kingdom’s largest exports-related companies increased their sales as of the 12-month period reported on December 2019.

1. BP: US$271.6 billion, up 7.8% from 2018
2. GlaxoSmithKline: $44.7 billion, up 12.3%
3. Rio Tinto: $43.2 billion, up 8%
4. LyondellBasell Industries: $34.7 billion, down -3.1%
5. British American Tobacco: $33 billion, up 26.4%
6. Anglo American: $29.9 billion, up 14.1%
7. AstraZeneca: $26.2 billion, up 17%
8. BAE Systems: $23.4 billion, down -0.8%
9. Imperial Brands: $20.5 billion, up 2%
10. Diageo: $16.8 billion, up 7%

Garnering double-digit sales increases were British American Tobacco (up 26.4%), pharmaceuticals firm AstraZeneca (up 17%), metals and mining company (up 14.1%) then another pharma competitor GlaxoSmithKline (up 12.3%).

There were two sales declines from 2018 to 2019 namely for diversified chemicals provider LyondellBasell Industries (down -3.1%) and defense industry titan BAE Systems (down -0.8%).

Just three among the UK’s top exports-related businesses were able to boost their bottom-line profits as of the latest December 2019 period. The most significant profit acceleration belongs to pharmaceuticals leader GlaxoSmithKline via its 385.7% increase from 2018, trailed by BAE Systems (up 72.7%) and miner Anglo American (up 9.4%).

1. Rio Tinto: $8 billion, down -8% from 2018
2. British American Tobacco: $7.3 billion, down -84.9%
3. GlaxoSmithKline: $6.8 billion, up 385.7%
4. Diageo: $3.9 billion, down -4.9%
5. Anglo American: $3.5 billion, up 9.4%
6. LyondellBasell Industries: $3.4 billion, down -35.8%
7. BAE Systems: $1.9 billion, up 72.7%
8. AstraZeneca: $1.5 billion, down -50%
9. Imperial Brands: $1.3 billion, down -18.8%
10. BP: -$3.3 billion, reversing a $4.3 million surplus

The UK’s biggest multinational export company BP incurred $3.3 billion in red ink for 2019, a significant reversal from $4.3 billion in profit one year earlier.

Suffering double-digit shrinkage in profits in 2019 were British American Tobacco (down -84.9%), pharmaceuticals provider AstraZeneca (down -50%), diversified chemicals supplier LyondellBasell Industries (down -35.8%) and Imperial Brands formerly named Imperial Tobacco (down -18.8%).

Nine of the 10 largest UK export companies are based in London, England — a city once considered to be the gateway to the European Union. This notion has been cast under a cloud of doubt in light of the UK’s upcoming Brexit breakaway from the EU precariously scheduled for March 29, 2019.

1. Anglo American: London
2. AstraZeneca: London
3. BAE Systems: London
4. BP: London
5. British American Tobacco: London
6. Diageo: London
7. GlaxoSmithKline: London
8. Imperial Brands: Bristol
9. LyondellBasell Industries: London
10. Rio Tinto: London