UK Goods Trade Balance
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
A positive number indicates that more goods were exported than imported;
- UK Goods Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jan 16, 2025 | -19.3B | -18.0B | -19.3B |
Dec 13, 2024 | -19.0B | -16.1B | -16.3B |
Nov 15, 2024 | -16.3B | -15.7B | -15.2B |
Oct 11, 2024 | -15.1B | -18.8B | -18.9B |
Sep 11, 2024 | -20.0B | -18.0B | -18.9B |
Aug 15, 2024 | -18.9B | -16.0B | -18.6B |
Jul 11, 2024 | -17.9B | -15.6B | -19.4B |
Jun 12, 2024 | -19.6B | -14.2B | -14.0B |
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- UK Goods Trade Balance News
- From ons.gov.uk|Jan 16, 2025
The value of goods imports decreased by £0.3 billion (0.6%) in November 2024, because imports from the EU fell while imports from non-EU countries remained stable. The value of goods exports rose by £0.2 billion (0.8%) in November 2024, with a rise in exports to non-EU countries partially offset by a fall in exports to the EU. The total goods and services trade deficit widened by £3.8 billion to £10.8 billion in the three months to November 2024, because of a larger fall in exports than imports. The trade in goods deficit widened by ...
- From ons.gov.uk|Dec 13, 2024
The value of goods imports increased by £2.6 billion (5.8%) in October 2024, with both EU and non-EU imports rising. The value of goods exports fell slightly by £0.1 billion (0.4%) in October 2024, with a fall in exports to non-EU countries largely offset by a rise in exports to the EU. Exports to the EU were higher than to non-EU countries for the first time since November 2023. The total goods and services trade deficit narrowed by £0.9 billion to £10.1 billion in the three months to October 2024, because of a larger fall in ...
- From ons.gov.uk|Nov 15, 2024
The value of goods imports decreased by £3.0 billion (6.3%) in September 2024, with both EU and non-EU imports falling. The value of goods exports fell by £3.4 billion (10.6%) in September 2024, following a rise in August. Imports and exports of machinery and transport equipment fell substantially in both EU and non-EU countries. The total goods and services trade deficit widened by £1.5 billion to £11.4 billion in Quarter 3 (July to Sept) 2024, because of a larger fall in exports than imports. The trade in goods deficit narrowed by ...
- From ons.gov.uk|Oct 11, 2024
The value of goods imports decreased by £0.1 billion (0.2%) in August 2024, with EU imports falling and non-EU imports rising. The value of goods exports rose by £2.9 billion (10.2%) in August 2024; exports to both EU and non-EU countries increased, after a large fall the previous month. The total goods and services trade deficit widened by £3.0 billion to a deficit of £10.0 billion in the three months to August 2024, because of increased imports of goods. The trade in goods deficit widened by £2.6 billion to £52.4 billion in the ...
- From ons.gov.uk|Sep 11, 2024
The value of goods imports decreased by £1.5 billion (3.0%) in July 2024, with a fall in imports from both EU and non-EU countries. The value of goods exports fell by £3.4 billion (10.8%) in July 2024, with exports to both EU and non-EU countries decreasing, following a large rise the previous month. The substantial fall in exports was driven by lower chemical exports to both EU and non-EU countries. The total goods and services trade deficit widened by £5.5 billion to a deficit of £14.6 billion in the three months to July 2024, ...
- From ons.gov.uk|Aug 15, 2024
The value of goods imports increased by £3.3 billion (7.1%) in June 2024, with a rise in imports from both EU and non-EU countries. The value of goods exports rose by £2.3 billion (7.6%) in June 2024, with an increase in exports to both EU and non-EU countries. The total goods and services trade deficit widened by £7.1 billion to £13.3 billion in Quarter 2 (Apr to June) 2024, because of an increase in imports of goods. The trade in goods deficit widened by £7.8 billion to £52.4 billion in Quarter 2 2024, as imports of goods rose by ...
- From ons.gov.uk|Jul 11, 2024
The value of goods imports decreased by £2.3 billion (4.7%) in May 2024, primarily driven by a fall in imports from the EU. The substantial fall in imports from the EU was because of a fall in imports of machinery and transport equipment, following a rise seen the previous month. The value of goods exports fell by £0.8 billion (2.5%) in May 2024, because of a notable fall in exports of machinery and transport equipment to the EU, and a fall in fuel exports to non-EU countries. The total goods and services trade deficit widened by ...
- From ons.gov.uk|Jun 12, 2024
The value of goods imports increased by £3.7 billion (8.2%) in April 2024, because of increases in imports of machinery and transport equipment and fuels. The value of goods exports remained stable in April 2024, with a fall in exports to the EU offset by a rise in exports to non-EU countries. The total goods and services trade deficit narrowed slightly by £0.3 billion to £10.1 billion in the three months to April 2024, and has been relatively stable over the last year. The trade in goods deficit widened by £1.6 billion to £48.5 ...
Released on Jan 16, 2025 |
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Released on Dec 13, 2024 |
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Released on Nov 15, 2024 |
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Released on Oct 11, 2024 |
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Released on Sep 11, 2024 |
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Released on Aug 15, 2024 |
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Released on Jul 11, 2024 |
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Released on Jun 12, 2024 |
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- Details