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December 08, 2017UK TRADE BALANCE OCTOBER 2017 
UK import and export trade is a main contributor to the overall economic growth of the UK.
In October 2017,
- the UK seasonally adjusted goods and services balance of trade deficit increased by £0.3 billion to £1.4 billion from September 2017;
- the main contributor to the increased deficit was the 1.6% (£0.9 billion) increase in imports of trade in goods and services to £55.1 billion.
In October 2017, goods exports increased £527 million to £30.2 billion while goods imports increased £855 million to £41.0 billion. The resulting goods deficit increased to £10.8 billion.
In October 2017, services exports increased £77 million to £23.5 billion and services imports increased £13 million to £14.1 billion. The resulting services surplus increased to £64 million.
Trade with Canada
In October 2017, goods exports with Canada increased £38 million to £482 million, and goods imports from Canada decreased £54 million, to £406 billion. The resulting goods surplus with Canada increased to £76 million.
Trade with EU and nonEU Countries
In October 2017, goods exports with European Union countries (EU28) decreased to £14.4 billion, and goods imports from EU28 countries increased to £22.8 billion. The resulting goods deficit with EU28 countries increased to £8.4 billion.
In October 2017, goods exports with nonEU countries increased to £15.8 billion, and goods imports with nonEU countries increased to £18.2 billion. The resulting goods deficit with nonEU countries decreased to £2.4 billion.
Source: UK Office for National Statistics, Statistical Bulletin | Short term Indicators
Time Series
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