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- The UK’s total trade deficit narrowed by £0.7 billion between August and September
The UK’s total trade deficit narrowed by £0.7 billion between August and September
In the three months to September 2017, the total UK trade (goods and services) deficit widened by £3.0 billion to £9.5 billion; this was largely due to an increase in imports of goods, primarily due to increased imports of machinery, unspecified goods (including non-monetary gold) and fuels, partially offset by a decrease in imports of aircraft.
Imports of goods from both EU and non-EU countries increased between the three months to June 2017 and the three months to September 2017; exports to EU countries increased by £0.9 billion, while exports to non-EU countries fell by £1.7 billion in the same period.
The UK's total trade deficit (goods and services) narrowed by £0.7 billion between August and September 2017; this was primarily due to increased exports of unspecified goods (including non-monetary gold).
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