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April 13, 2021UK TRADE BALANCE, FEBRUARY 2021
Month-over-month (Feb 2021 vs Jan 2021, seasonally adjusted )
The United Kingdom goods and services balance of trade deficit widened by £3.8 billion to £7.1 billion. Exports of goods and services increased 5.4% (£2.3 billion) to £46.2 billion. Imports of goods and services increased 12.9% (£6.1 billion) to £53.3 billion.
The United Kingdom goods balance of trade deficit widened by £3.9 billion to £16.4 billion. Exports of goods increased 9.9% (£2.2 billion) to £24.3 billion. Imports of goods increased 17.4% (£6.0 billion) to £40.7 billion.
The United Kingdom services balance of trade surplus widened by £97 million to £9.3 billion. Exports of services increased 0.8% (£168 million) to £21.9 billion. Imports of services increased 0.6% (£71 million) to £12.6 billion.
Year-over-year (Feb 2021 vs Feb 2020, seasonally adjusted )
The United Kingdom goods and services balance of trade deficit widened by £4.3 billion. Goods balance of trade deficit widened by £5.3 billion and services balance of trade surplus widened by £0.9 billion.
UNITED KINGDOM TRADING PARTNERS
Month-over-month (Feb 2021 vs Jan 2021, seasonally adjusted )
The United Kingdom EU goods balance of trade deficit narrowed by £2.4 billion to £5.7 billion. Exports of goods increased 46.6% (£3.7 billion) to £11.6 billion and imports of goods increased 7.8% (£1.3 billion) to £17.3 billion.
The United Kingdom non-EU goods balance of trade deficit widened by £6.3 billion to £10.7 billion. Exports of goods decreased 10.5% (£1.5 billion) to £12.7 billion and imports of goods increased 25.6% (£4.8 billion) to £23.4 billion.
Year-over-year (Feb 2021 vs Feb 2020, seasonally adjusted )
The United Kingdom EU goods balance of trade deficit narrowed by £0.4 billion and the United Kingdom non-EU goods balance of trade deficit widened by £5.7 billion.
UNITED KINGDOM GOODS TRADE BY SECTOR
NET TRADE: Year-to-date (Jan-Feb 2021)
Net goods trade deficit increased £10,472 millions to -£29.0 billions.
- Animal/vegetable/oils & fats decreased £31 millions to -£0.1 billions.
- Beverages & tobacco increased £48 millions to -£0.2 billions.
- Crude materials increased £171 millions to -£.6 billions.
- Chemicals decreased £1,253 millions to -£1.0 billions.
- Fuels decreased £959 millions to -£2.4 billions.
- Miscellaneous finished manufactures increased £318 millions to -£3.2 billions.
- Material manufactures decreased £207 millions to -£3.3 billions.
- Food decreased £192 millions to -£4.2 billions.
- Machinery & transportation equipment decreased £438 millions to -£5.9 billions.
- Unspecified goods decreased £7,929 millions to -£8.1 billions.
EXPORTS: Year-to-date (Jan-Feb 2021)
Total Goods Exports decreased £10,942 millions to £46.3 billions.
- Machinery & transportation equipment decreased £4,167 millions to £17.9 billions.
- Chemicals decreased £934 millions to £7.8 billions.
- Miscellaneous finished manufactures decreased £1,463 millions to £7.1 billions.
- Material manufactures increased £102 millions to £5.4 billions.
- Fuels decreased £2,667 millions to £3.2 billions.
- Food decreased £707 millions to £1.8 billions.
- Crude Materials increased £422 millions to £1.5 billions.
- Beverages & tobacco decreased £34 millions to £1.2 billions.
- Unspecified goods decreased £1,473 millions to £0.4 billions.
- Animal/vegetable/oils & fats decreased £21 millions to £0.1 billions.
IMPORTS: Year-to-date (Jan-Feb 2021)
Total Goods Imports decreased £470 millions to £75.4 billions.
- Machinery & transportation equipment decreased £3,729 millions to £23.8 billions.
- Miscellaneous finished manufactures decreased £1,781 millions to £10.2 billions.
- Material manufactures increased £309 millions to £8.8 billions.
- Chemicals increased £319 millions to £8.7 billions.
- Unspecified goods increased £6,456 millions to £8.5 billions.
- Food decreased £515 millions to £6.0 billions.
- Fuels decreased £1,708 millions to £5.6 billions.
- Crude materials increased £251 millions to £2.1 billions.
- Beverages & tobacco decreased £82 millions to £1.4 billions.
- Animal/vegetable/oils & fats increased £10 millions to £0.2 billions.
REFERENCE
Office for National Statistics, Statistical Bulletin | Time Series | Time Series Explorer
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