Imports to the UK surged 8.9 percent from the previous month to an over one-year high of GBP 55.3 billion in November of 2020, following an upwardly revised 3.8 percent rise in the previous month. Goods purchases jumped 11.9 percent while acquisitions of services fell 1.1 percent. Within goods, imports rose mostly for machinery & transport equipment (15.5 percent); chemicals (16.2 percent); fuels (6.3 percent) and food & live animals (4.5 percent). Also, acquisitions of unspecified goods which include precious metals such as non-monetary gold, silver, platinum and palladium jumped 136.2 percent. Imports of goods increased 8.6 percent from the EU and surged 15.5 percent from countries outside the EU. source: Office for National Statistics
Imports in the United Kingdom averaged 27155.83 GBP Million from 1955 until 2020, reaching an all time high of 64572 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 January of 2021.
Imports in the United Kingdom is expected to be 45900.00 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 51500.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 55500.00 GBP Million in 2022, according to our econometric models.