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.

The United Kingdom recorded a trade deficit of 5260 GBP Million in July of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the first quarter of 2025, the United Kingdom had a trade deficit of 10.6 billion British pounds, due to a 59 billion pound deficit in goods trade offset by a 48 billion pound trade surplus in services.

The United Kingdom imports more services and goods from the European Union than exporting them. 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 was higher than the imports, which resulted in a trade surplus. US biggest export market, but EU weighs heavier 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 commodity exported by the UK to the EU countries in 2020. The value of such exports were roughly **** billion British pounds. In the same year, the UK imported more machinery and transport equipment from the EU than exported them. In total, the UK imported approximately **** billion British pounds worth of such equipment.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for United Kingdom (XTNTVA01GBQ667S) from Q1 1957 to Q2 2025 about United Kingdom, trade, Net, and goods.

The statistic shows the trade balance of services (exports minus imports of services) 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 estimated trade balance of services in the United Kingdom amounted to about ****** billion U.S. dollars.

The United Kingdom's total Exports in 2024 were valued at US$508.69 Billion, according to the United Nations COMTRADE database on international trade. The United Kingdom's main export partners were: the United States, China and Germany. The top three export commodities were: Machinery, nuclear reactors, boilers; Pearls, precious stones, metals, coins and Vehicles other than railway, tramway. Total Imports were valued at US$809.21 Billion. In 2024, The United Kingdom had a trade deficit of US$300.52 Billion.

UK: Trade Balance: Advanced Economies: United States data was reported at 591.022 USD mn in Mar 2018. This records an increase from the previous number of 37.250 USD mn for Dec 2017. UK: Trade Balance: Advanced Economies: United States data is updated quarterly, averaging -83.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 5.067 USD bn in Dec 2005 and a record low of -2.928 USD bn in Mar 1998. UK: Trade Balance: Advanced Economies: United States 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: Quarterly.

United Kingdom Exports to United States was US$71.77 Billion during 2024, according to the United Nations COMTRADE database on international trade. United Kingdom Exports to United States - data, historical chart and statistics - was last updated on September of 2025.

US: Trade Balance: Advanced Economies: United Kingdom data was reported at 2.486 USD bn in Mar 2018. This records an increase from the previous number of 375.398 USD mn for Dec 2017. US: Trade Balance: Advanced Economies: United Kingdom data is updated quarterly, averaging 0.200 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 2.486 USD bn in Mar 2018 and a record low of -5.013 USD bn in Dec 2005. US: Trade Balance: Advanced Economies: United Kingdom data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

This statistic displays the annual value of the trade balance in the United Kingdom (UK) from 2011 to 2016. In 2011 the UK's trade deficit was reduced to *** billion US dollars this grew to ***** billion US dollars in 2016.

The United Kingdom's total Imports in 2024 were valued at US$809.21 Billion, according to the United Nations COMTRADE database on international trade. The United Kingdom's main import partners were: China, the United States and Germany. The top three import commodities were: Machinery, nuclear reactors, boilers; Pearls, precious stones, metals, coins and Vehicles other than railway, tramway. Total Exports were valued at US$508.69 Billion. In 2024, The United Kingdom had a trade deficit of US$300.52 Billion.

As of the first quarter of 2025, the value of goods exported to the European Union from the United Kingdom was over 42.1 billion British pounds, compared with around 76.7 billion pounds of goods imported, resulting in a negative goods trade balance with the EU of around approximately 34.6 billion pounds.

View quarterly updates and historical trends for US Trade Balance on Goods with United Kingdom. from United States. Source: Bureau of Economic Analysis. T…

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for United Kingdom (XTNTVA01GBA667S) from 1957 to 2024 about United Kingdom, trade, Net, and goods.

The United States was the leading country for exports from the United Kingdom in 2024, with **** percent of all UK exports going to this market. Germany was the second-largest export market for the UK in this year, followed by the Netherlands, with these countries accounting for *** and *** percent of UK exports respectively. During this year, cars were the most valuable goods commodity exported from the UK, while general business services were the most valuable type of service exported from the UK. UK imports most from Germany Although the United States was the largest export market, Germany was the country from which the UK imported the highest share of goods, with **** percent of the UK’s imports coming from the country in 2024. The United States was the second-largest source of imports for the UK, with *** percent originating from there in 2024, with China a close third at *** percent of UK imports. The main types of trade goods imported from the rest of the world in the UK included cars, oil, and mechanical power generators. The Balance of Trade In the fourth quarter of 2024, the United Kingdom had an overall trade deficit of over **** billion pounds. Although service exports from the UK to the rest of the world amounted to more than ***** billion pounds, the UK imported far more goods than it exported, resulting in a goods trade deficit of **** billion pounds, bringing down the overall trade balance. As of 2023, the UK was behind only the U.S. when it came to the overall size of the trade deficit.

United Kingdom UK: Trade Balance: Advanced Economies: United States data was reported at 55.858 USD mn in May 2018. This records an increase from the previous number of -598.893 USD mn for Apr 2018. United Kingdom UK: Trade Balance: Advanced Economies: United States data is updated monthly, averaging -25.800 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 1.979 USD bn in Sep 2005 and a record low of -1.878 USD bn in Aug 2016. United Kingdom UK: Trade Balance: Advanced Economies: United States 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.

Time series data for the statistic Trade_Balance_United_Kingdom_with_El_Salvador. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 1.34 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 6.39 Million compared to the value the year prior.The Serie's long term average value is 0.719 Million. It's latest available value, on 5/31/2025, is 0.617 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 2/28/1998, to it's latest available value, on 5/31/2025, is +67.10 Million.The Serie's change from it's maximum value, on 12/31/2005, to it's latest available value, on 5/31/2025, is -6.63 Million.

The value of goods exported from the United Kingdom was over 92.7 billion British pounds in the first quarter of 2025, compared with 151.9 billion pounds worth of goods imported, resulting in a goods trade deficit of around 59 billion pounds.