UK deficit on trade increases to £4.5 billion in March


The UK's deficit on trade in goods and services was £4.5 billion in March, compared with a deficit of £4.3 billion in February

The surplus on trade in services was £2.5 billion in March, compared with £2.7 billion in February.
The deficit on trade in goods in March was £7.0 billion, compared with a deficit of £6.9 billion in February (previously published as £6.8 billion). Exports rose by £0.9 billion and imports rose by £1.0 billion.
The deficit with the enlarged EU (27 countries including Bulgaria and Romania) widened to £3.1 billion compared with £2.8 billion in February. Exports rose by £0.3 billion and imports rose by £0.5 billion. There was an increase in exports of intermediate goods. There was a rise in imports of cars. The deficit with non-EU countries narrowed slightly to £4.0 billion from the deficit of £4.1 billion in February. Exports rose by £0.7 billion and imports rose by around £0.5 billion. There were rises in exports of oil, consumer goods other than cars, and chemicals. There were rises in imports of oil and consumer goods other than cars but imports of aircraft fell.


The Office of National Statistics
6/18/2007 2:34:54 PM