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
Apr 2016
£-2.602 B
Mar 2016
£-3.110 B
Feb 2016
£-3.357 B
Jan 2016
£-2.200 B
Dec 2015
£-2.357 B
Nov 2015
£-2.450 B
Oct 2015
£-3.729 B
Sep 2015
£-2.080 B
Aug 2015
£-3.765 B
Jul 2015
£-3.461 B
Jun 2015
£-1.620 B
May 2015
£-1.570 B
Apr 2015
£-2.094 B
Mar 2015
£-3.163 B
Feb 2015
£-3.238 B
Jan 2015
£-1.968 B
Dec 2014
£-3.143 B
Nov 2014
£-2.778 B
Oct 2014
£-3.505 B
Sep 2014
£-4.060 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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