The UK’s goods trade deficit narrowed to £26.05 billion in April 2026 from £27.22 billion in the previous month, compared with market expectations of a £22.5 billion shortfall. Goods exports rose 2.4% mom to £33.11 billion, driven by higher shipments to both EU and non-EU countries, which rose 2.6% each. Exports to the EU increased due to a £0.4 billion rise in machinery and transport equipment and aircraft to Germany. On the import side, goods imports fell 0.7% to £59.16 billion, with imports from non-EU countries declining 1.2%, mainly due to a £0.2 billion decline in fuel imports. Meanwhile, imports from EU countries grew 4.0%, supported by higher imports of fuel, machinery and transport equipment, along with chemicals. source: Office for National Statistics

Goods Trade Balance in the United Kingdom increased to -26050 GBP Million in April from -27220 GBP Million in March of 2026. Goods Trade Balance in the United Kingdom averaged -5012.32 GBP Million from 1970 until 2026, reaching an all time high of 775.00 GBP Million in January of 1981 and a record low of -27218.00 GBP Million in March of 2026. This page provides - United Kingdom Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Goods Trade Balance - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Goods Trade Balance in the United Kingdom increased to -26050 GBP Million in April from -27220 GBP Million in March of 2026. Goods Trade Balance in the United Kingdom is expected to be -19800.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Goods Trade Balance is projected to trend around -16800.00 GBP Million in 2027 and -16500.00 GBP Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 06:00 AM
Goods Trade Balance
Mar £-27.22B £-22.8B £-20.0B £-19.2B
2026-06-12 06:00 AM
Goods Trade Balance
Apr £-26.05B £-27.22B £-22.5B £-20.5B
2026-07-16 06:00 AM
Goods Trade Balance
May £-26.05B £-20.2B


Related Last Previous Unit Reference
Balance of Trade -8435.00 -9658.00 GBP Million Apr 2026
Capital Flows 8556.00 23510.00 GBP Million Dec 2025
Current Account -18392.00 -10689.00 GBP Million Dec 2025
Current Account to GDP -2.40 -3.00 percent of GDP Dec 2025
Exports 79973.00 79126.00 GBP Million Apr 2026
External Debt 8221019.00 8234887.00 GBP Million Dec 2025
Net Foreign Direct Investment 25417.00 23315.00 GBP Million Dec 2025
Goods Exports 33114.00 32350.00 GBP Million Apr 2026
Goods Imports 59160.00 59568.00 GBP Million Apr 2026
Goods Trade Balance -26046.00 -27218.00 GBP Million Apr 2026
Imports 88408.00 88784.00 GBP Million Apr 2026


United Kingdom Goods Trade Balance
The UK’s goods trade deficit has continued to widen in recent years, driven by a stronger pound that boosted domestic demand and imports while weighing on exports. This trend has been compounded by significant shifts in US trade policy. Following the Trump administration’s announcement of new import tariffs on 2 April 2025, many UK businesses reported being affected by the measures. In response, the UK government signed a new trade agreement with the US, effective 30 June 2025. The deal reduced tariffs on UK car exports and removed duties on aluminum and steel, while a 10% blanket tariff remains in place for all other UK exports to the US.
Actual Previous Highest Lowest Dates Unit Frequency
-26046.00 -27218.00 775.00 -27218.00 1970 - 2026 GBP Million Monthly
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