UK Statistics

Statistical bulletin: UK Trade, March 2014

Part of UK Trade, March 2014 Release

Released: 09 May 2014 –  Download PDF

Abstract

  • UK Trade shows the extent of import and export activity and is a key contributor to the overall economic growth in the UK.
  • Seasonally adjusted, the UK’s deficit on trade in goods and services was estimated to have been £1.3 billion in March 2014, compared with a deficit of £1.7 billion in February 2014.
  • There was a deficit of £8.5 billion on goods, partly offset by an estimated surplus of £7.2 billion on services.
  • Exports of goods increased by 4.9% between February and March 2014 to £24.6 billion reflecting an increase in exports of finished manufactures, including jewellery and cars. Imports of goods increased by 2.8% over the same period to £33.1 billion, with an increase in the imports of aircraft a significant factor.
  • Exports of goods decreased by 3.7% to £72.0 billion in Q1 2014. Imports of goods decreased by 2.8% to £98.7 billion in Q1 2014.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.

 

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