Business NewsUK Statistics

UK Trade – July 2013

Statistical bulletin

Released: 06 September 2013 – Download PDF

Contents

Key Points

  • UK Trade shows the extent of import and export activity and is a key contributor to the overall economic growth of the UK.
  • Seasonally adjusted, the UK’s deficit on trade in goods and services was estimated to have been £3.1 billion in July, compared with a deficit of £1.3 billion in June.
  • There was a deficit of £9.9 billion on goods, partly offset by an estimated surplus of £6.8 billion on services.
  • In July 2013, exports of goods to countries outside of the European Union (EU) decreased by £2.2 billion to £11.8 billion. Exports to countries within the EU increased by £0.2 billion over the same period to £13.0 billion. As of 1 July 2013, Croatia joined the EU. Therefore, the EU totals now include Croatia.
  • The deficit on trade in goods increased £0.3 billion to £26.8 billion in the three months to July 2013 from £26.5 billion in the three months to April 2013. Exports of goods in the three months to July 2013 increased to £77.4 billion and compared to the previous year, increased by 1.6%. Imports of goods also increased over the same period to a record high of £104.2 billion and compared to the previous year, increased by 3.1%.
  • Due to unforeseen operational issues, the geographical data have been temporarily removed from this release. The data will be reinstated as soon as we are satisfied that the issue has been resolved and the quality of our statistics assured. The ONS apologises for any inconvenience caused.

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

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