Historical trend
Trend summary
Trade balance was -£3.5bn in 2026-07, up from -£5.5bn in 2026-06.
Trend
- Over the available record (1997-01–2026-07), it has ranged from -£11bn in 2022-01 to £9.5bn in 2020-05.
- The latest reading is below 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.