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June 14, 2023UK TRADE BALANCE, APRIL 2023
Month-over-month (April 2023 vs March 2023, seasonally adjusted )
The United Kingdom goods and services trade deficit narrowed by £1.3 billion to £1.5 billion. Exports of goods and services increased 1.3% (£0.9 billion) to £67.8 billion and imports of goods and services decreased 0.6% (£0.5 billion) to £69.3 billion.
The United Kingdom goods trade deficit narrowed by £1.4 billion to £15.0 billion. Exports of goods increased 2.1% (£0.7 billion) to £32.6 billion and imports of goods decreased 1.4% (£0.7 billion) to £47.6 billion.
The United Kingdom services trade surplus remained unchanged at £13.5 billion. Exports of services increased 0.6% (£0.2 billion) to £35.2 billion and imports of services increased 1.0% (£0.2 billion) to £21.7 billion.
Year-over-year (April 2023 vs April 2022, seasonally adjusted )
The United Kingdom goods and services trade deficit narrowed by £8.9 billion. Goods trade deficit narrowed by £6.5 billion and services trade surplus widened by £2.4 billion.
UNITED KINGDOM TRADING PARTNERS
Month-over-month (April 2023 vs March 2023, seasonally adjusted )
The United Kingdom EU goods trade deficit decreased by £0.9 billion to £10.0 billion. Exports of goods remained unchanged at £15.2 billion and imports of goods decreased 3.7% (£1.0 billion) to £25.2 billion.
The United Kingdom non-EU goods trade deficit narrowed by £0.4 billion to £5.0 billion. Exports of goods increased 4.3% (£0.7 billion) to £17.4 billion and imports of goods increased 1.3% (£0.3 billion) to £22.4 billion.
Year-over-year (April 2023 vs April 2022, seasonally adjusted )
The United Kingdom-EU goods trade deficit narrowed by £0.1 billion and non-EU goods trade deficit narrowed by £6.5 billion.
REFERENCE
Office for National Statistics, Press release | UK trade time series
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