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:
April 12, 2024UK TRADE BALANCE, FEBRUARY 2024 
Month-over-month (February 2024 vs January 2024, seasonally adjusted)
The United Kingdom goods and services trade deficit widened by £0.1 billion to £2.3 billion. Exports of goods and services decreased 0.1% (£0.1 billion) to £71.1 billion and imports of goods and services were unchanged at £73.4 billion.
The United Kingdom goods trade deficit widened by £0.1 billion to £14.2 billion. Exports of goods decreased 0.8% (£0.3 billion) to £31.6 billion and imports of goods decreased 0.3% (£0.1 billion) to £45.8 billion.
The United Kingdom services trade surplus widened by £0.03 billion to £11.9 billion. Exports of services increased 0.4% (£0.2 billion) to £39.6 billion and imports of services increased 0.5% (£0.1 billion) to £27.6 billion.
Year-over-year (February 2024 vs February 2023, seasonally adjusted)
The United Kingdom goods and services deficit narrowed by £0.881 billion. The goods trade deficit narrowed by £2.447 billion and the services trade surplus narrowed by £1.566 billion.
UNITED KINGDOM TRADING PARTNERS
Month-over-month (February 2024 vs January 2024, seasonally adjusted)
The United Kingdom EU goods trade deficit widened by £0.6 billion to £11.3 billion. Exports of goods decreased by £0.3 billion to £14.7 billion and imports of goods increased by £0.3 billion to £26.0 billion.
The United Kingdom non-EU goods trade deficit narrowed by £0.4 billion to £2.9 billion. Exports of goods increased 0.3% (£0.05 billion) to £16.9 billion and imports of goods decreased by 2.0% (£0.4 billion) to £19.8 billion.
Year-over-year (February 2024 vs February 2023, seasonally adjusted)
The United Kingdom-EU goods trade deficit widened by £0.4 billion and non-EU goods trade deficit narrowed by £2.8 billion.
REFERENCE
Office for National Statistics, Press release | UK trade time series
<--- Return to Archive
