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
Aug 2024
£-4.950 B
Jul 2024
£-7.500 B
£-5.561 B
Jun 2024
£-7.455 B
£-5.119 B
May 2024
£-6.860 B
Apr 2024
£-7.290 B
Mar 2024
£-3.810 B
Feb 2024
£-2.895 B
£-2.603 B
Jan 2024
£-3.421 B
£-1.872 B
Dec 2023
£-3.319 B
£-3.216 B
Nov 2023
£-2.838 B
£-2.172 B
Oct 2023
£-4.828 B
£-4.355 B
Sep 2023
£-4.450 B
£-4.628 B
Aug 2023
£-4.902 B
£-5.064 B
Jul 2023
£-2.361 B
£-5.807 B
Jun 2023
£-2.772 B
£-6.386 B
May 2023
£-6.757 B
£-6.450 B
Apr 2023
£-5.035 B
£-6.509 B
Mar 2023
£-5.458 B
£-6.694 B
Feb 2023
£-6.519 B
£-7.243 B
Jan 2023
£-7.808 B
£-7.996 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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