GBP Goods Trade Balance
Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;
A positive number indicates that more goods were exported than imported;
- GBP Goods Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 12, 2024 | -19.6B | -14.2B | -14.0B |
May 10, 2024 | -14.0B | -14.5B | -14.1B |
Apr 12, 2024 | -14.2B | -14.5B | -14.1B |
Mar 13, 2024 | -14.5B | -14.9B | -14.0B |
Feb 15, 2024 | -14.0B | -15.0B | -15.1B |
Jan 12, 2024 | -14.2B | -15.7B | -15.9B |
Dec 13, 2023 | -17.0B | -14.1B | -14.3B |
Nov 10, 2023 | -14.3B | -15.3B | -15.5B |
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- GBP Goods Trade Balance News
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 ...
The value of goods imports decreased by £1.2 billion (2.5%) in March 2024, because of falls in imports of machinery and transport equipment and fuels. The value of goods exports decreased by £0.4 billion (1.3%) in March 2024, with a fall in exports to non-EU countries partially offset by a rise in exports to the EU. There is no evidence that recent disruption to shipping in the Middle East and Red Sea has affected UK imports in Quarter 1 (Jan to Mar) 2024. The total goods and services trade deficit narrowed by £4.7 billion to a ...
The value of goods imports decreased by £0.2 billion (0.4%) in February 2024, because of falls in fuel and chemical imports from non-EU countries. The value of goods exports increased by £0.3 billion (0.9%) in February 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 narrowed by £2.0 billion to a deficit of £9.9 billion in the three months to February 2024, and has been steadily improving since Quarter 1 (Jan to Mar) 2022. The trade in goods ...
The value of goods imports increased by £0.9 billion (2.0%) in January 2024, with rises in fuel imports from both EU and non-EU countries. While there has been recent disruption to shipping in the Red Sea, there is no evidence that this has affected imports in January 2024. The value of goods exports decreased slightly by £0.1 billion (0.5%) in January 2024, with a fall in exports to non-EU countries partially offset by a rise in exports to the EU. The total goods and services trade deficit widened by £2.2 billion to £13.8 billion in ...
The value of goods imports decreased by £2.6 billion (5.4%) in December 2023, with falls in imports from both EU and non-EU countries, primarily driven by decreased imports of fuels. The value of goods exports decreased by £0.7 billion (2.2%) in December 2023, because of lower exports to the EU. The total trade in goods and services deficit widened by £6.2 billion to £14.9 billion in Quarter 4 (Oct to Dec) 2023, because of a large fall in exports of services. The trade in goods deficit widened by £1.4 billion to £49.9 billion in ...
The value of goods imports decreased by £1.6 billion (3.3%) in November 2023, with falls in imports from both EU and non-EU countries. The fall in imports was mainly the result of decreased imports of machinery and transport equipment from both EU and non-EU countries. The value of goods exports decreased by £0.6 billion (2.0%) because of lower exports to non-EU countries. The total trade in goods and services deficit widened slightly by £0.4 billion to £9.3 billion in the three months to November 2023, but has been broadly stable ...
The value of goods imports increased by £3.6 billion (8.2%) in October 2023, with rises in imports from both EU and non-EU countries. The rise in imports was mainly the result of greater imports of machinery and transport equipment from both EU and non-EU countries. The value of goods exports increased by £0.4 billion (1.2%) because of increased exports to non-EU countries, while exports to the EU decreased. The total trade in goods and services deficit narrowed by £2.3 billion to £9.2 billion in the three months to October 2023, the ...
The value of goods imports decreased by £2.9 billion (6.2%) in September 2023, with falls in imports from both EU and non-EU countries. The fall in imports was mainly the result of lower imports of machinery and transport equipment from the EU and reduced fuel imports from non-EU countries. The value of goods exports decreased by £0.9 billion (2.9%) because of falls in exports to both EU and non-EU countries. The total trade in goods and services deficit narrowed by £7.1 billion to £6.0 billion in Quarter 3 (July to Sept) 2023, the ...
Released on Jun 12, 2024 |
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Released on May 10, 2024 |
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Released on Apr 12, 2024 |
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Released on Mar 13, 2024 |
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Released on Feb 15, 2024 |
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Released on Jan 12, 2024 |
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Released on Dec 13, 2023 |
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Released on Nov 10, 2023 |
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