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Actual | Forecast | Previous | Revised Form | |
| -7.0B | -6.4B | -6.5B | -6.6B | ||
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Visible Trade Balance for April
Total Bal.: -3.0B, pr. -£2.5 (Mar), -£3.25B (Feb), -£3.58 (Jan),
The UK trade gap in goods with the rest of the world widened in April. The deficit in goods rose to £7 billion from £6.5 billion, as exports rose 0.5% but imports grew 2.5%. The figure was weaker than expected. A cheaper Pound has helped boost exports to the nations in the European Union, but overall export growth seems disappointing. Global trade, at least in April, has retrenched as data from the US and other countries showed. Therefore the decline of sterling has not been sufficient to counteract the sharp fall in global trade of durable goods and raw materials as firms run down inventories. |
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| 9/10 | 10/9 | 11/11 | 12/9 | 1/13 | 2/10 | 3/11 | 4/9 | 5/12 | 6/10 | ||
| Actual | -7.7B | -8.19B | -7.5B | -7.8B | -8.3B | -7.4B | -7.7B | -7.3B | -6.6B | -7.0B | |
| Forecast | -7.5B | -7.6B | -8.0B | -7.5B | -7.6B | -8.1B | -7.5B | -7.6B | -7.2B | -6.4B | |
| Previous | -8.0B | -8.23B | -8.2B | -7.4B | -7.6B | -8.1B | -7.2B | -7.7B | -7.3B | -6.5B | |
| Revised From | -7.7B | N/A | N/A | -7.5B | -7.8B | -8.3B | -7.4B | N/A | N/A | -6.6B | |
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Actual | Forecast | Previous | Revised Form | |
| -6.6B | -7.2B | -7.3B | N/A | ||
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Visible Trade Balance for March
Total Bal.: -£2.5, pr. -£3.25B (Feb), -£3.58 (Jan), -£3.61 (Dec),
From the Release: "The UK’s deficit on trade in goods and services was £2.5 billion in
March, compared with the deficit of £2.8 billion in February
(originally published as a deficit of £3.2 billion). The surplus on trade in services was £4.1 billion, the same as in February.
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Actual | Forecast | Previous | Revised Form | |
| -7.3B | -7.6B | -7.7B | N/A | ||
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Visible Trade Balance for February
Total Bal.: -£3.25B, pr. -£3.58 (Jan), -£3.61 (Dec), -£4.47B (Nov),
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Actual | Forecast | Previous | Revised Form | |
| -7.7B | -7.5B | -7.2B | -7.4B | ||
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Visible Trade Balance for January
Total Trade Bal.: -£3.58 pr. -£3.61 (Dec), -£4.47B (Nov), -£3.86B (Oct),
The UK trade gap widened to £7.7 billion as exports to countries outside the European Union plummeted by 16%, with those heading to the US down 8.5%. Goods exported to EU countries saw an increase of 5.9% for the month. Though demand around the world is falling, the lower Pound should help British exports compete in overseas markets at a cheaper price. So far that effect has not showed up in trade figures, and if anything a cut back in imports will be the main driver for reducing the trade gap. |
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Actual | Forecast | Previous | Revised Form | |
| -7.4B | -8.1B | -8.1B | -8.3B | ||
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Visible Trade Balance for December
Total Trade Bal.: -£3.61, forecast -£4.25B, pr. -£4.47B (Nov), -£3.86B (Oct),
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Actual | Forecast | Previous | Revised Form | |
| -8.3B | -7.6B | -7.6B | -7.8B | ||
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Visible Trade Balance for November
Total Trade Bal.: -£4.47B, forecast -£3.70B, pr. -£3.86B (Oct), -£3.86B (Sep),
The UK trade in goods deficit widened sharply in November, falling to 8.3 billion pounds, following a deficit of 7.7 billion pounds in October. That is the largest deficit since records began in 1697 and reflects a wider deficit with non-EU countries which reached its own record. A weaker pound did not help boost demand for UK exports, which fell 6% on the month. One major trading partner cutting back on buying UK goods was the US. The trade figures reinforce that growth in the UK will be very weak in the 4th quarter. Imports were down 2%. |
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Actual | Forecast | Previous | Revised Form | |
| -7.8B | -7.5B | -7.4B | -7.5B | ||
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Visible Trade Balance for October
Total Trade Bal.: -£3.86B, forecast -£4.20B, pr. -£3.86B (Sep),
From the Release: "The deficit on trade in goods was £7.8 billion, compared with the
revised deficit of £7.4 billion in September (which was originally
published as a deficit of £7.5 billion). Exports fell by £0.7 billion
and imports fell by £0.3 billion.
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Actual | Forecast | Previous | Revised Form | |
| -7.5B | -8.0B | -8.2B | N/A | ||
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Visible Trade Balance for September
Total Trade Bal.: -£3.86B, forecast -£4.60B, pr. -£4.73B, -£4.46B (Jul),
From the Release: "The deficit on trade in goods was £7.5 billion, compared with the revised deficit of £8.0 billion in August (which was originally published as a deficit of £8.2 billion). Exports rose by £0.6 billion and imports rose by £0.1 billion." |
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Actual | Forecast | Previous | Revised Form | |
| -8.19B | -7.6B | -8.23B | N/A | ||
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Visible Trade Balance for August
Total Trade Bal.: -£4.73B, forecast -£4.45B, pr. -£4.46B (Jul), -£4.41B (Jun),
UK trade in goods fell into further deficit as the number for August matched the downwardly revised figure from July. Trade in goods showed a £8.2B deficit. Including both goods and services, the deficit was £4.73B. The figures were lower than economists had predicted and shows the strain on exports as a result of the global slowdown. Exports fell 4.5%, while imports decreased 3.5%. That means UK consumers and companies are spending less on foreign goods as well
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Actual | Forecast | Previous | Revised Form | |
| -7.7B | -7.5B | -8.0B | -7.7B | ||
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Visible Trade Balance for July
Total Trade Bal.: -£4.6B, forecast -£4.2B, pr. -£4.41B (Jun), -£4.25B (May),
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