The United Kingdom recorded a trade surplus of 3922 GBP Million in January of 2026. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the fourth quarter of 2025, the United Kingdom had a trade deficit of around 15.7 billion British pounds due to a 69.9 billion pound deficit in goods trade offset by a 54.3 billion pound trade surplus in services.

The statistic shows the trade balance of goods (exports minus imports of goods) in the United Kingdom from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in the United Kingdom amounted to about ****** billion U.S. dollars. On the effects of Brexit on the UK's economy The United Kingdom has maintained a trade deficit over the last ten years, but now that the country has chosen to leave the European Union, current trade agreements will need to be renegotiated and trade relationships and the trade balance will change. As of 2015, one of the UK’s most important import and export partners was Germany, but it also trades heavily with many other countries within the European Union; more than half of total value of the UK trade in goods is associated with European Union countries. Trade agreements which have been negotiated by the European Union extend beyond member countries, and the United Kingdom will now have to renegotiate its own trade deals with a far larger number of countries by itself. It remains to be seen as to how the UK will manage these negotiations. Another big question is how the UK banking sector will be able to access the European market. Services contributed close to ** percent of UK GDP, which includes banking services. While it is too soon predict how Brexit will impact the United Kingdom entirely, estimates of the decision’s long term effects estimate negative GDP growth of around **** percent in an optimistic scenario, with the pessimistic scenario estimating negative growth of around *** percent.

Goods Trade Balance in the United Kingdom increased to -14450 GBP Million in January from -22720 GBP Million in December of 2025. This dataset provides - United Kingdom Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about UK's Trade Balance

• UK's Trade Balance recorded a deficit of 43.3 USD bn in Jan 2026, compared with a deficit of 54.5 USD bn in the previous month
• UK's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2026, with an averaged value of -896.2 USD mn
• The data reached an all-time high of 3.4 USD bn in May 2013 and a record low of -54.5 USD bn in Dec 2025

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports and converts it into USD. UK Trade Info provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1996 is sourced from the International Monetary Fund.

Further information about UK's Trade Balance

• In the latest reports, UK's Total Exports reached 42.9 USD bn in Jan 2026, a decrease of 23.5% YoY (year-on-year)
• Total Imports recorded 86.2 USD bn in Jan 2026, an increase of 23.5% YoY (year-on-year)

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for United Kingdom (XTNTVA01GBQ667S) from Q1 1957 to Q4 2025 about United Kingdom, trade, Net, and goods.

Revisions triangle for monthly trade balance data, UK.

The United Kingdom: Trade balance as percent of GDP: The latest value from 2024 is -1.13 percent, a decline from -1.07 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for the United Kingdom from 1970 to 2024 is -0.69 percent. The minimum value, -4.54 percent, was reached in 1974 while the maximum of 3.12 percent was recorded in 1981.

The United Kingdom imports more services and goods from the European Union than it exports to it. Although this has been the case since at least 1999, after 2011, the UK-EU trade balance has been more pronounced, as the present statistic lays out. When it comes to the UK’s trade with non-EU countries, the picture is decidedly different. Since 2012, the value of UK exports to non-EU countries has been higher than the imports, resulting in a trade surplus. The US is the biggest export market, but the EU weighs more heavily As of 2023, the UK’s largest export market was outside the European Union. Yet taken as a bloc, the European Union still accounts for a large chunk of the UK’s international trade. Among these, Germany, the Netherlands, and France rank as the main export partners of the UK. UK-EU trade: most important commodities Machinery and transport equipment were the biggest trade commodities exported by the UK to the EU countries in 2020. The value of such exports was roughly **** billion British pounds. In the same year, the UK imported more machinery and transport equipment from the EU than it exported. In total, the UK imported approximately **** billion British pounds worth of such equipment.

Goods Trade Balance Non-EU in the United Kingdom increased to -3461 GBP Million in January from -10994 GBP Million in December of 2025. This dataset includes a chart with historical data for the United Kingdom Goods Trade Balance Non-EU.

Experimental dataset providing a breakdown of UK trade in services by industry, country and service type on a balance of payments basis. Data are subject to disclosure control.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for United Kingdom (XTNTVA01GBM664N) from Jan 1955 to Dec 2025 about United Kingdom, trade, Net, and goods.

Historical dataset showing U.K. trade balance by year from 1970 to 2023.

United Kingdom UK: Trade Balance: Countries or Area Not Specified data was reported at -39.607 USD mn in May 2018. This records an increase from the previous number of -136.556 USD mn for Apr 2018. United Kingdom UK: Trade Balance: Countries or Area Not Specified data is updated monthly, averaging -1.500 USD mn from Dec 1960 (Median) to May 2018, with 581 observations. The data reached an all-time high of 372.862 USD mn in Apr 2007 and a record low of -8.783 USD bn in Mar 2006. United Kingdom UK: Trade Balance: Countries or Area Not Specified data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s UK – Table UK.IMF.DOT: Trade Balance: by Country: Monthly.

Experimental dataset providing a breakdown of UK trade in goods by industry, country and commodity on a balance of payments basis. Data are subject to disclosure control.

In 2023, the United Kingdom had a total trade deficit of about 15 billion British pounds. A further breakdown of the UK's trade balance as displayed here indicates that the UK had a trade surplus with its trade in goods and services with countries outside the EU, whereas from its goods and services trade with the EU27 countries, the UK had a deficit of over 94.62 billion.

EU UK: Trade Balance data was reported at -11,411.400 EUR mn in May 2018. This records an increase from the previous number of -13,005.300 EUR mn for Apr 2018. EU UK: Trade Balance data is updated monthly, averaging -9,799.500 EUR mn from Jan 1999 (Median) to May 2018, with 233 observations. The data reached an all-time high of 2,630.000 EUR mn in May 2013 and a record low of -23,833.700 EUR mn in Sep 2016. EU UK: Trade Balance data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s UK – Table UK.Eurostat: Trade Balance.

United Kingdom UK: Trade Balance: Countries or Area Not Specified data was reported at -1.286 USD bn in 2017. This records an increase from the previous number of -3.143 USD bn for 2016. United Kingdom UK: Trade Balance: Countries or Area Not Specified data is updated yearly, averaging -21.700 USD mn from Dec 1948 (Median) to 2017, with 56 observations. The data reached an all-time high of 335.739 USD mn in 1992 and a record low of -47.036 USD bn in 2006. United Kingdom UK: Trade Balance: Countries or Area Not Specified data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s UK – Table UK.IMF.DOT: Trade Balance: by Country: Annual.

Graph and download economic data for Trade Deficit in the United Kingdom (TDFUKA) from 1816 to 2016 about budget, academic data, United Kingdom, and trade.