The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
September 13, 2023UK TRADE BALANCE, JULY 2023 
Month-over-month (July 2023 vs June 2023, seasonally adjusted )
The United Kingdom goods and services trade deficit narrowed by £1.3 billion to £3.4 billion. Exports of goods and services increased 1.8% (£1.2 billion) to £67.6 billion and imports of goods and services decreased 0.2% (£0.1 billion) to £71.0 billion.
The United Kingdom goods trade deficit narrowed by £1.4 billion to £14.1 billion. Exports of goods increased 3.7% (£1.2 billion) to £33.1 billion and imports of goods decreased 0.4% (£0.2 billion) to £47.2 billion.
The United Kingdom services trade surplus decreased by 0.5% (£0.05 billion) to £10.6 billion. Exports of services increased 0.1% (£0.02 billion) to £34.4 billion and imports of services increased 0.3% (£0.07 billion) to £23.8 billion.
Year-over-year (July 2023 vs July 2022, seasonally adjusted )
The United Kingdom goods and services trade deficit narrowed by £2.3 billion. Goods trade deficit narrowed by £3.8 billion and services trade surplus narrowed by £1.6 billion.
UNITED KINGDOM TRADING PARTNERS
Month-over-month (July 2023 vs June 2023, seasonally adjusted)
The United Kingdom EU goods trade deficit decreased by £1.0 billion to £11.7 billion. Exports of goods increased by £0.5 billion to £15.3 billion and imports of goods decreased by £0.5 billion to £27.0 billion.
The United Kingdom non-EU goods trade deficit narrowed by £0.4 billion to £2.4 billion. Exports of goods increased 4.0% (£0.7 billion) to £17.9 billion and imports of goods grew by 1.4% (£0.3 billion) to £20.2 billion.
Year-over-year (July 2023 vs July 2022, seasonally adjusted )
The United Kingdom-EU goods trade deficit widened by £3.1 billion and non-EU goods trade deficit narrowed by £6.9 billion.
REFERENCE
Office for National Statistics, Press release | UK trade time series
<--- Return to Archive
