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May 12, 2022UK TRADE BALANCE, MARCH 2022 
Month-over-month (Mar 2022 vs. Feb 2022, seasonally adjusted)
The United Kingdom goods and services trade deficit widened by £2.4 billion to £11.6 billion. Exports of goods and services increased 1.3% (£0.7 billion) to £56.1 billion. Imports of goods and services increased 4.8% (£3.1 billion) to £67.6 billion.
The United Kingdom goods trade deficit widened by £2.3 billion to £23.9 billion. Exports of goods increased 2.1% (£0.6 billion) to £29.3 billion. Imports of goods increased 5.8% (£2.9 billion) to £53.2 billion.
The United Kingdom services trade surplus narrowed by £0.1 billion to £12.3 billion. Exports of services increased 0.4% (£0.1 billion) to £26.8 billion. Imports of services increased 1.2% (£0.2 billion) to £14.4 billion.
Year-over-year (Mar 2022 vs. Mar 2021, seasonally adjusted)
The United Kingdom goods and services trade deficit widened by £11.5 billion and goods trade deficit widened by £13.2 billion and services trade surplus widened by £1.7 billion.
UNITED KINGDOM TRADING PARTNERS
Month-over-month (Mar 2022 vs. Feb 2022, seasonally adjusted)
The United Kingdom EU goods trade deficit widened by £1.6 billion to £10.1 billion. Exports of goods increased 1.7% (£0.3 billion) to £15.2 billion. Imports of goods increased 8.0% (£1.9 billion) to £25.3 billion.
The United Kingdom non-EU goods trade deficit widened by £0.7 billion to £13.8 billion. Exports of goods increased 2.6% (£0.4 billion) to £14.1 billion. Imports of goods increased 3.8% (£1.0 billion) to £27.9 billion.
Year-over-year (Mar 2022 vs. Mar 2021, seasonally adjusted)
The United Kingdom EU goods trade deficit widened by £4.9 billion and non-EU goods trade deficit widened by £8.3 billion.
REFERENCE
Office for National Statistics, News release | Statistical Bulletin Time Series
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