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 2017
£-5.178 B
£-3.840 B
Nov 2017
£-4.675 B
£-3.958 B
Oct 2017
£-2.382 B
£-4.286 B
Sep 2017
£-2.982 B
£-4.130 B
Aug 2017
£-5.835 B
£-3.786 B
Jul 2017
£-3.842 B
£-3.726 B
Jun 2017
£-4.471 B
£-2.846 B
May 2017
£-3.796 B
Apr 2017
£-2.070 B
Mar 2017
£-4.674 B
Feb 2017
£-3.750 B
Jan 2017
£-2.447 B
Dec 2016
£-2.110 B
Nov 2016
£-3.577 B
Oct 2016
£-1.600 B
Sep 2016
£-3.969 B
Aug 2016
£-3.756 B
Jul 2016
£-4.190 B
Jun 2016
£-4.159 B
May 2016
£-2.570 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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