Exports from the United Kingdom slid 12.9 percent from a month earlier to GBP 48.39 billion in March of 2020, the lowest since September of 2016, due to a 20.2 percent plunge in service exports and a 5.8 percent decline in goods shipments. Within goods, sales were down for machinery & transport equipment (-7.3 percent), fuels (-35 percent) and miscellaneous manufactures (-11.9 percent). Goods shipments declined to both EU countries (-11.7 percent) and non-EU countries (-0.5 percent).
Exports in the United Kingdom averaged 25606.30 GBP Million from 1955 until 2020, reaching an all time high of 64294 GBP Million in December of 2019 and a record low of 962 GBP Million in June of 1955. This page provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Exports - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Office for National Statistics
Exports in the United Kingdom is expected to be 54200.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in the United Kingdom to stand at 54750.00 in 12 months time. In the long-term, the United Kingdom Exports is projected to trend around 54700.00 GBP Million in 2021 and 57700.00 GBP Million in 2022, according to our econometric models.