The total trade deficit widened in the 12 months to October 2019. The total trade deficit (goods and services) widened £23.2 billion to £48.7 billion in the 12 months to October 2019, mainly because of a widening of the trade in goods deficit of £19.3 billion to £154.9 billion (Figure 5). The total trade deficit widened £19.9 billion to £42.8 billion in the 12 months to June 2019, due mainly to the trade in goods deficit, which widened £14.4 billion to £149.2 billion; the services surplus narrowed by a lesser £5.5 billion to £106.4 billion.

The United Kingdom's trade deficit with the EU, including trade in both goods and services, reached £17.2 bn in the first quarter of 2017. Key Facts. United Kingdom trade in goods with World in 2018. Exports: $490.8 bn ; Imports: $671.7 bn; Trade balance: -$180.9 bn; Bilateral trade: $1,162.5 bn. The United States has its largest trade deficits with China, Canada, Mexico, Japan, The chart below shows the percentage of trade for the top five U.S. trading  8 Apr 2018 In 1970 as a whole, the trade deficit averaged 0.2% of GDP – a performance that today would be greeted with jubilation rather than despair. In 2017, the United Kingdom exported $395B and imported $617B, resulting in a negative trade balance of $222B. In 2017 the GDP of the United Kingdom was  24 Feb 2020 The current account deficit uses a broader definition that also includes services and some types of income. Trade deficits are not always harmful 

10 Oct 2018 On a rolling annual basis, annual exports continue to grow faster than imports for the 13th consecutive month, with the overall trade deficit 

The total UK trade deficit widened sharply to GBP 5.19 billion in October 2019, the biggest since April, from a revised GBP 1.92 billion in the previous month. Imports jumped 6.2 percent, while exports rose at a much softer 0.8 percent, still reaching an all-time high. The total trade deficit widened in the 12 months to October 2019. The total trade deficit (goods and services) widened £23.2 billion to £48.7 billion in the 12 months to October 2019, mainly because of a widening of the trade in goods deficit of £19.3 billion to £154.9 billion (Figure 5). The total trade deficit widened £19.9 billion to £42.8 billion in the 12 months to June 2019, due mainly to the trade in goods deficit, which widened £14.4 billion to £149.2 billion; the services surplus narrowed by a lesser £5.5 billion to £106.4 billion. It was the largest current account gap since the third quarter of 2016, as the trade deficit widened to GBP 9.4 billion from GBP 8.9 billion in Q3, mainly due to the goods gap. The goods deficit went up to GBP 36.9 billion from GBP 34.8 billion while the services surplus advanced to GBP 27.5 billion from GBP 26 billion. The UK trade in goods deficit widened by £3.2 billion to £36.5 billion in the three months to January 2018. This was due primarily to a 1.7% (£2.1 billion) increase in goods imports to £123 billion, combined with a 1.3% (£1.2 billion) decrease in goods exports to £86.5 billion.

The politically sensitive goods trade deficit with China decreased 3.1 percent to USD 31.8 billion in August from USD 32.8 billion in July; while that with the EU narrowed to USD 15.3 billion from a record high of USD 20.1 billion. Balance of Trade in the United States averaged -14984.18 USD Million from 1950

In 2017, the United Kingdom exported $395B and imported $617B, resulting in a negative trade balance of $222B. In 2017 the GDP of the United Kingdom was  24 Feb 2020 The current account deficit uses a broader definition that also includes services and some types of income. Trade deficits are not always harmful  Updated data, charts and expert forecasts on United Kingdom Trade Balance ( GBP bn). Get access to historical data and projections for British Trade Balance in  Chart 7). The narrowing in the current account deficit was largely driven by a narrowing of the UK's trade deficit to £0.4 billion, or 0.1% of UK GDP, the lowest. 17 Jan 2020 A trade deficit is the amount by which the cost of a country's imports exceeds the value of its exports. The U.S. trade deficit is at its lowest in  22 May 2018 The chart below shows the trend in the UK's trade balance in goods with the EU and the rest of the world. The deficit with the EU has grown from £ 

The total trade deficit widened £19.9 billion to £42.8 billion in the 12 months to June 2019, due mainly to the trade in goods deficit, which widened £14.4 billion to £149.2 billion; the services surplus narrowed by a lesser £5.5 billion to £106.4 billion.

8 Apr 2018 In 1970 as a whole, the trade deficit averaged 0.2% of GDP – a performance that today would be greeted with jubilation rather than despair. In 2017, the United Kingdom exported $395B and imported $617B, resulting in a negative trade balance of $222B. In 2017 the GDP of the United Kingdom was  24 Feb 2020 The current account deficit uses a broader definition that also includes services and some types of income. Trade deficits are not always harmful  Updated data, charts and expert forecasts on United Kingdom Trade Balance ( GBP bn). Get access to historical data and projections for British Trade Balance in  Chart 7). The narrowing in the current account deficit was largely driven by a narrowing of the UK's trade deficit to £0.4 billion, or 0.1% of UK GDP, the lowest.

8 Mar 2019 The deficit has averaged $535 billion since 2000, much higher than in previous decades, when it accounted for well below 2 percent of GDP. The 

In 2018, the trade deficit of goods in the United Kingdom amounted to about 187.12 billion U.S. Countries with the largest gross domestic product (GDP) 2019.

27 Feb 2020 Balance of Payments, Trade in Services by Partner. Country, GDP and UK monthly Trade figures. Often more up-to-date headline figures are  In 2018, the trade deficit of goods in the United Kingdom amounted to about 187.12 billion U.S. Countries with the largest gross domestic product (GDP) 2019. The United Kingdom's trade deficit with the EU, including trade in both goods and services, reached £17.2 bn in the first quarter of 2017.