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Actual | Forecast | Previous | Revised Form | |
| -8.0B | -6.9B | -7.3B | N/A | ||
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Visible Trade Balance for January
Total Bal.: pr. -£3.3B (Dec), -£2.9B (Nov), -£3.2B (Oct),
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| 6/10 | 7/9 | 8/11 | 9/9 | 10/9 | 11/10 | 12/9 | 1/12 | 2/9 | 3/9 | ||
| Actual | -7.0B | -6.3B | -6.5B | -6.5B | -6.3B | -7.2B | -7.1B | -6.8B | -7.3B | -8.0B | |
| Forecast | -6.4B | -6.8B | -6.4B | -6.3B | -6.3B | -6.1B | -6.9B | -6.9B | -6.6B | -6.9B | |
| Previous | -6.5B | -7.0B | -6.2B | -6.5B | -6.5B | -6.1B | -6.9B | -7.1B | -6.8B | -7.3B | |
| Revised From | -6.6B | N/A | -6.3B | N/A | N/A | -6.2B | -7.2B | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| -7.3B | -6.6B | -6.8B | N/A | ||
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Visible Trade Balance for December
Total Bal.: -£3.3B, pr. -£2.9B (Nov), -£3.2B (Oct), -£3.0B (Sep),
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Actual | Forecast | Previous | Revised Form | |
| -6.8B | -6.9B | -7.1B | N/A | ||
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Visible Trade Balance for November
Total Bal.: -£2.9B, pr. -£3.2B (Oct), -£3.0B (Sep), -£2.3 (Aug),
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Actual | Forecast | Previous | Revised Form | |
| -7.1B | -6.9B | -6.9B | -7.2B | ||
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Visible Trade Balance for October
Total Bal.: -£3.2B, pr. -£3.0B (Sep), -£2.3 (Aug), -£2.4B (Jul),
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Actual | Forecast | Previous | Revised Form | |
| -7.2B | -6.1B | -6.1B | -6.2B | ||
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Visible Trade Balance for September
Total Bal.: pr. -£2.3 (Aug), -£2.4B (Jul), -£2.4B (Jun), -£1.9B (May),
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Actual | Forecast | Previous | Revised Form | |
| -6.3B | -6.3B | -6.5B | N/A | ||
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Visible Trade Balance for August
Total Bal.: -£2.3, pr. -£2.4B (Jul), -£2.4B (Jun), -£1.9B (May),
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Actual | Forecast | Previous | Revised Form | |
| -6.5B | -6.3B | -6.5B | N/A | ||
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Visible Trade Balance for July
Total Bal.: -£2.4B, pr. -£2.4B (Jun)(revised from: -£2.2B), -£1.9B (May), -£3.0B (Apr), -£2.5 (Mar),
UK's trade deficit in goods was essentially unchanged at -£0.9 6.5B in July. Both imports and exports increased by £0.9B, a good sign that economic activity was picking up. |
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Actual | Forecast | Previous | Revised Form | |
| -6.5B | -6.4B | -6.2B | -6.3B | ||
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Visible Trade Balance for June
Total Bal.: -£2.2B, pr. -£1.9B (May), -£3.0B (Apr), -£2.5 (Mar),
Imports increased by the largest since July 2008, rising 2.2% on the month to £24.71 billion. Exports increased 1.4% to £18.26 billion. Oil imports were the main contributor, climbing to £2.4 billion from £1.9 billion. This swung the the oil balance from a £100 million surplus in May, to a £315 million deficit in June. The ONS attributes this increase of foreign oil demand to summer maintenance related cutbacks in British refineries. |
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Actual | Forecast | Previous | Revised Form | |
| -6.3B | -6.8B | -7.0B | N/A | ||
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Visible Trade Balance for May
Total Bal.: -£2.2B, pr. -£3.0B (Apr), -£2.5 (Mar), -£3.25B (Feb),
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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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