Still, the value of exports was the second-lowest since December 2010. The increase in non-EU exports was largely caused by precious metals, and miscellaneous manufactures, which rose by £14.1 billion and £4.4 billion respectively. Conversely, declines were recorded in sales of mechanical appliances, motor vehicles, mineral fuels, electronic equipment and pharmaceutical products. Total value of UK exports and imports of goods and services in current prices, chained volume measures and implied deflators.
1955-2020 Data | 2021-2022 Forecast | Calendar | HistoricalDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. This includes precious metals and trade excluding precious metals by EU and non-EU countries.Data on non-monetary gold and other precious metals are obtained from the Bank of England (BoE), who provide a balanced figure. Falling exports of goods were largely seen in machinery and transport equipment, miscellaneous manufactures, and fuels, which fell by £7.1 billion (20.4%), £2.9 billion (22.1%) and £2.6 billion (31.4%) respectively.
For example, the December 2020 publication will include data up to the end of October 2020.As the UK leaves the EU, it is important that our statistics continue to be of high quality and are internationally comparable.
Goods sales rebounded 6.6 percent, while services exports declined 0.9 percent. The total trade deficit for March 2020 was revised up (narrowing of the deficit) by £2.7 billion to £4.0 billion. This release incorporates data collected from the quarterly ITIS survey, which is sent to around 2,200 businesses.
As a result of the coronavirus, many businesses have moved to a working from home arrangement or suspended trade, causing a lower response to the survey than usual.We have developed models to assist in the quality assurance of ITIS data, which use alternative data sources such as Index of Services (IoS) and Index of Production (IoP) to estimate ITIS data. Exports to the EU jumped 10.6 percent led by sales to Germany (9.3 percent), the Netherlands (5.3 percent), France (13.0 percent), Ireland (13.9 percent), Belgium (16.2 percent), Spain (15.2 percent) and Italy (5.3 percent). View latest release. Goods exports fell £13.7 billion to £73.3 billion, while goods imports fell £11.8 billion to £100.0 billion. Exports of precious metals increased by £14.9 billion in the 12 months to April 2020, while imports fell by £9.6 billion. Total value of UK exports and imports of goods and services in current prices, chained volume measures and implied deflators.
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