11/04/2025
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In 2018, the UK had a trade deficit in goods, exporting £345 billion and importing £487 billion, resulting in a deficit of £142 billion. The trade surplus in services was £105 billion, but the overall trade deficit for goods was wider than in 2017.
UK trade in 2018: Trade deficit widens
8 Jan 2020 — Goods vs services ... In 2018, the UK exported £345 billion of goods and imported £487 billion, resulting in a trade def...
The House of Commons Library
In 2019, the UK was a net importer of goods, with imports exceeding exports by £175 billion. Total goods exports were £367 billion, a small increase from 2018, while total goods imports were £542 billion, a more significant increase. This resulted in a widening of the UK's trade in goods gap.
Here's a more detailed breakdown:
Goods Exports:
The UK exported £367 billion worth of goods in 2019, a 0.7% increase compared to 2018.
Goods Imports:
Imports of goods reached £542 billion, a 7.5% increase compared to 2018.
Trade Deficit:
The UK's trade deficit in goods widened by £35.5 billion in 2019 compared to 2018, reaching £175 billion.
Services Surplus:
The UK also had a surplus in its trade in services, but this was not large enough to offset the deficit in goods.
EU Trade:
The UK experienced a trade deficit with the EU in both goods and services, with the deficit in goods being particularly large.
Non-EU Trade:
The UK had a trade surplus with non-EU countries in both goods and services.
UK Overseas Trade in Goods Statistics Summary of 2019 ... - GOV.UK
13 Feb 2020 — Summary of Trade in Goods - 2019 ... Total exports of goods in 2019 were £367 billion. This was an increase of £2.4 bil...
GOV.UK
International trade in UK nations, regions and cities: 2019
5 Nov 2021 — 1. Main points. In 2019, the South East of England led the UK total trade deficit, importing 20.1% (£101.1bn) of total U...
International trade in UK nations, regions and cities - Office for ...
UK trade, 1948-2019: statistics - UK Parliament
10 Dec 2020 — This represents a widening of the trade deficit from 2018 when it. was –£25.5 billion, equal to -1.2% of GDP. UK trade ...
UK Parliament
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