U.K. Trade Deficit Widens


The UK’s deficit on trade in goods and services was £3.0 billion in April, compared with the deficit of £2.7 billion in March.

 The deficit on trade in goods was £7.0 billion, compared with the deficit of £6.5 billion in March.
 
Excluding oil and erratic items, the volumes of exports and imports were both three per cent higher in April than in March.
 
Export prices fell by two per cent compared with March, and import prices were one per cent lower.

The UK’s deficit on trade in goods in April is provisionally estimated at £7.0 billion, compared with £6.5 billion in March. The deficit with EU countries in April was £2.9 billion, compared with
£3.1 billion in March. The deficit with non-EU countries in April was £4.1 billion, compared with £3.4 billion in March.
 
In April, total exports of goods rose by a half per cent to £18.9 billion and total imports of goods rose by two and a half per cent to £25.9 billion. Exports to EU countries rose by four per cent while exports to non-EU countries fell by three per cent. Imports from EU countries rose by one per cent and imports from non-EU countries rose by four and a half per cent.


Tradingeconomics.com, Office for National Statistics
6/10/2009 9:24:22 AM