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 1094 GBP Million in September of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the third quarter of 2025, the United Kingdom had a trade deficit of 4.5 billion British pounds, due to a 58.5 billion pound deficit in goods trade offset by a 53.9 billion pound trade surplus in services.

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 value of goods exported from the United Kingdom was almost 95.4 billion British pounds in the third quarter of 2025, compared with 153.8 billion pounds worth of goods imported, resulting in a goods trade deficit of around 58.5 billion pounds.

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.

Actual value and historical data chart for United Kingdom Net Trade In Goods And Services Bop Us Dollar

The United Kingdom: Trade balance, billion USD: The latest value from 2024 is -41.22 billion U.S. dollars, a decline from -36.25 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for the United Kingdom from 1970 to 2024 is -20.24 billion U.S. dollars. The minimum value, -60 billion U.S. dollars, was reached in 2007 while the maximum of 14.66 billion U.S. dollars was recorded in 1981.

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.

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.

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.

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

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.

United States US: Trade Balance: Advanced Economies: United Kingdom data was reported at 651.493 USD mn in May 2018. This records a decrease from the previous number of 757.210 USD mn for Apr 2018. United States US: Trade Balance: Advanced Economies: United Kingdom data is updated monthly, averaging -7.000 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 1.598 USD bn in Mar 2018 and a record low of -1.939 USD bn in Nov 2005. United States 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: Monthly.

As of the third quarter of 2025, the value of goods exported to the European Union from the United Kingdom was just under 45.1 billion British pounds, compared with around 81.2 billion pounds of goods imported, resulting in a negative goods trade balance with the EU of 36.1 billion pounds.

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 December of 2025.

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.

Time series data for the statistic Trade_Balance_United_Kingdom_with_Ukraine. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -6.68 Million as of 5/31/2025, the lowest value since 1/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -44.56 Million compared to the value the year prior.The Serie's long term average value is 19.05 Million. It's latest available value, on 5/31/2025, is -25.73 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 6/30/2021, to it's latest available value, on 5/31/2025, is +50.84 Million.The Serie's change from it's maximum value, on 4/30/2009, to it's latest available value, on 5/31/2025, is -290.05 Million.

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.