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 result of a substantial fall in goods imports. The trade in goods deficit narrowed ... (full story)