United Kingdom Trade Balance Non-EU

Country: United Kingdom, GBP
Importance:
Medium
Sector: Trade
Last release
Actual
£-13.050 B
Forecast
£-15.398 B
Previous
£-15.200 B
Date (GMT)
Reference
Actual
Forecast
Dec 2007
£-4.100 B
Nov 2007
£-4.400 B
Oct 2007
£-4.400 B
Sep 2007
£-4.700 B
Aug 2007
£-4.100 B
Jul 2007
£-4.600 B
Jun 2007
£-3.900 B
Apr 2007
£3.700 B
Jan 2007
£-4.529 B

Trade Balance Non-EU is calculated as the difference in value between imported and exported goods and services. Exports to EU countries and imports from them are excluded from calculations.

If the national exports exceed imports, a positive balance is formed. Otherwise there is a trade deficit. A positive trade balance can have a positive effect on British pound quotes, because exporters need to buy British currency in order to pay to manufacturers.

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