The goods trade deficit in the United Kingdom narrowed to a four-month low of GBP 20.9 billion in April of 2022 from GBP 23.9 GBP billion in the previous month and below market estimations of GBP 22.5 billion. source: Office for National Statistics
Goods Trade Balance in the United Kingdom averaged -4113.90 GBP Million from 1970 until 2022, reaching an all time high of 775 GBP Million in January of 1981 and a record low of -24046 GBP Million in January of 2022. 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 July of 2022.
Goods Trade Balance in the United Kingdom is expected to be -13800.00 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 -16700.00 GBP Million in 2023 and -16200.00 GBP Million in 2024, according to our econometric models.