Imports to the United Kingdom rose 3.0 percent from a month earlier to GBP 58.85 billion in February 2020, the highest level in four months, on the back of a 6.0 percent advance in goods purchases. Imports of unspecified goods, which include precious metals such as non-monetary gold, silver, platinum and palladium, led the increase (2331.2 percent), followed by machinery & transport equipment (1.8 percent). Meanwhile, other major categories saw declines.
Imports in the United Kingdom averaged 26801.94 GBP Million from 1955 until 2020, reaching an all time high of 65136 GBP Million in March of 2019 and a record low of 1031 GBP Million in June of 1955. This page provides - United Kingdom Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Imports - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020. source: Office for National Statistics
Imports in the United Kingdom is expected to be 47400.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in the United Kingdom to stand at 48900.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 49500.00 GBP Million in 2021 and 52500.00 GBP Million in 2022, according to our econometric models.