United Kingdom Trade Balance

1957 - 2020 | Monthly | USD mn | CEIC Data

United Kingdom Trade Balance recorded a deficit of 27.1 USD bn in Oct 2020, compared with a deficit of 30.9 USD bn in the previous month. United Kingdom Trade Balance data is updated monthly, available from Jan 1957 to Oct 2020, with an averaged value of -1.5 USD bn. The data reached an all-time high of 3.4 USD bn in May 2013 and a record low of -30.9 USD bn in Sep 2020. CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports and converts it into USD. UK Trade Info provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1996 is sourced from the International Monetary Fund.

In the latest reports, United Kingdom Total Exports reached 37.2 USD bn in Oct 2020, a decrease of 16.9 % year on year. Total Imports recorded 64.3 USD bn in Oct 2020, a decrease of 7.3 % year on year.

View United Kingdom's Trade Balance from Jan 1957 to Oct 2020 in the chart:

United Kingdom Trade Balance

What was United Kingdom's Trade Balance in Oct 2020?

Last Previous Min Max Unit Frequency Range
-27,076.1 Oct 2020 -30,885.2 Sep 2020 -30,885.2 Sep 2020 3,433.5 May 2013 USD mn monthly Jan 1957 - Oct 2020

Trade Balance by Country Comparison

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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -270.2 Nov 2020 monthly Oct 1998 - Nov 2020
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) 141.2 Nov 2020 monthly Jan 1991 - Nov 2020
Armenia (USD mn) -197.4 Nov 2020 monthly Nov 1995 - Nov 2020
Australia (USD mn) 3,651.0 Nov 2020 monthly Jul 1971 - Nov 2020
Austria (USD mn) -377.4 Oct 2020 monthly Jan 1957 - Oct 2020
Azerbaijan (USD mn) 710.9 Oct 2020 monthly Jan 2000 - Oct 2020
Bahrain (USD mn) 856.2 2019 yearly 1966 - 2019
Bangladesh (USD mn) -915.4 Oct 2020 monthly Jul 1986 - Oct 2020
Belarus (USD mn) 309.3 Oct 2020 monthly Jan 2000 - Oct 2020

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United Kingdom Key Series

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Includes 362 key indicators for United Kingdom, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -22.6 Jun 2020 quarterly Mar 1987 - Jun 2020
Consolidated Fiscal Balance (USD mn) -82,939.589 Sep 2020 quarterly Mar 1957 - Sep 2020
Tax Revenue (USD mn) 179,178.006 Sep 2020 quarterly Mar 1957 - Sep 2020
Tax Revenue: % of GDP (%) 26.6 Sep 2020 quarterly Mar 1955 - Sep 2020
National Government Debt (USD mn) 2,561,488.8 Jun 2020 quarterly Mar 1975 - Jun 2020
Government Debt: % of GDP (%) 96.6 Jun 2020 quarterly Mar 1975 - Jun 2020
Forecast: Government Expenditure (GBP bn) 1,095.213 2025 yearly 1980 - 2025
Forecast: Government Net Debt (GBP bn) 3,002.948 2025 yearly 1980 - 2025
Forecast: Government Revenue (GBP bn) 981.050 2025 yearly 1980 - 2025
GG: Net Lending/Borrowing: % of GDP (%) -1.500 Dec 2018 quarterly Mar 1987 - Dec 2018
General Government Debt (GBP mn) 2,070,894.000 Jun 2020 quarterly Mar 1975 - Jun 2020
Local Government Debt (GBP mn) 113,779.000 Jun 2020 quarterly Mar 1966 - Jun 2020

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