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Trade balance

The difference between the value of UK exports and imports of goods and services, in billions of pounds.

-£1.0bn
+85.2% vs 2026-04

As of 2026-05

Historical trend

Trend summary

Trade balance was -£1.0bn in 2026-05, up from -£7.0bn in 2026-04.

Trend

  • Over the available record (1997-01–2026-05), it has ranged from -£11bn in 2022-01 to £9.5bn in 2020-05.
  • The latest reading is above the record average of -£1.8bn.

Context

  • ONS trade statistics are subject to large revisions, particularly for services.
  • UK trade data excludes trade in non-monetary gold and other non-monetary assets.

Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.

About this indicator

Source
ONS
Update frequency
Monthly
Last updated
10 August 2026
Next update
10 September 2026
Licence
OGL v3
Direction
↑ Rising

Statistics

Latest
-£1.0bn
Period high
£1.5bn
Period low
-£10bn
Period average
-£3.8bn