UK trade

UK Trade, June 2012: ONS

  • Seasonally adjusted, the UK’s deficit on trade in goods and services was £4.3 billion in June, compared with a deficit of £2.7 billion in May.
  • There was a deficit of £10.1 billion on goods, which was only partly offset by a surplus of £5.8 billion on services.

Overseas trade statistics – Non-EU: HMRC

  • UK’s non-EU exports have decreased by £1.7 billion (13.1 per cent) compared to May 2012, to £11.5 billion. Compared to June 2011, exports have increased by £0.4 billion (3.8 per cent).
  • UK’s non-EU imports have increased by £0.1 billion (0.8 per cent) compared to May 2012, to £16.6 billion. Compared to June 2011, imports have decreased by £0.1 billion (0.5 per cent).
  • The monthly export figures return to levels seen at the start of this year. The May 2012 figure was the second highest value since the OTS was first published separately for non-EU countries in 1993.
  • The UK remains a net importer (imports are greater than exports). The size of the difference between imports and exports has increased by 56.2 per cent compared to May 2012, and has decreased from June 2011 by 8.9 per cent.
  • The final estimate of total exports for 2011 is £137.4 billion compared with £121.4 billion in 2010. This is an increase of 13.2 per cent.
  • The final estimate of total imports from 2011 is £195.2 billion compared with £177.1 billion in 2010. This is an increase of 10.2 per cent.

 

UK Trade: February 2012

UK EU Trade: February 2012 – HMRC

  •  UK’s EU exports have increased by £0.2 billion (1.8 per cent) compared to January 2012, to £13.1 billion. Compared to February 2011 exports have increased by £1.0 billion (8.1 per cent).
  • UK’s EU imports have increased by £0.4 billion (2.3 per cent) compared to January 2012, to £16.8 billion. Compared to February 2011 imports have increased by £0.8 billion (5.1 per cent).

External Trade Statistics, February 2012 – ONS

  • The UK’s deficit on seasonally adjusted trade in goods and services was £3.4 billion in February, compared with the deficit of £2.5 billion in January.
  • The deficit on seasonally adjusted trade in goods was £8.8 billion in February, compared with the deficit of £7.9 billion in January.
  • The surplus on seasonally adjusted trade in services was estimated at £5.4 billion in February, unchanged compared with January.
  • The deficit on trade in goods with EU countries was £3.8 billion in February, compared with the deficit of £4.2 billion in January.
  • The deficit on trade in goods with non-EU countries was £5.0 billion in February, compared with the deficit of £3.7 billion in January.

 

Euro area/EU27 external trade deficit

  • Euro area external trade deficit 7.6 bn euro compared with -16.1 bn in January 2011.
  • 23.8 bn euro deficit for EU27compared with -31.2 bn in January 2011.
  • The December 20112 balance was +9.1 bn, compared with -1.7 bn in December 2010.
  • In January 2012 compared with December 2011, seasonally adjusted exports rose by 1.3% and imports by 2.4%.

Euro area/EU27 external trade deficit – January 2012: Eurostat

UK Trade Jan 2012

UK Trade January 2012 – ONS

  • The UK’s deficit on seasonally adjusted trade in goods and services was £1.8 billion in January, compared with the deficit of £1.2 billion in December.
  • The deficit on seasonally adjusted trade in goods was £7.5 billion in January, compared with the deficit of £7.2 billion in December.
  • The surplus on seasonally adjusted trade in services was estimated at £5.8 billion in January, compared with the surplus of £6.0 billion in December

EU Overseas Trade Statistics Latest Release

  • The value of imports and exports both increased compared to December 2011. They rose by roughly the same amount. Consequently there has been little change in the difference between imports and exports compared with December.
  • UK’s EU exports have increased by £0.6 billion (4.9 per cent) compared to December 2011, to £12.7 billion. Compared to January 2011, however, exports have decreased by £0.3 billion (2.4 per cent).
  • UK’s EU imports have increased by £0.6 billion (3.7 per cent) compared to December 2011, to £16.4 billion. Compared to January 2011 imports have increased by £0.8 billion (5.1 per cent).
  • The UK remains a net importer (imports are greater than exports). The size of difference between imports and exports has decreased slightly compared to December 2011 by 0.3 per cent and has increased from January 2011 by 43.0 per cent.