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 2012
£-4.169 B
Nov 2012
£-4.618 B
Oct 2012
£-4.502 B
Sep 2012
£-3.943 B
Aug 2012
£-5.004 B
Jul 2012
£-2.929 B
Jun 2012
£-5.077 B
May 2012
£-3.879 B
Apr 2012
£-5.125 B
Mar 2012
£-4.179 B
Feb 2012
£-4.871 B
Jan 2012
£-3.717 B
Dec 2011
£-3.601 B
Nov 2011
£-5.037 B
Oct 2011
£-4.556 B
Sep 2011
£-5.712 B
Aug 2011
£-5.142 B
Jul 2011
£-4.651 B
Jun 2011
£-5.718 B
May 2011
£-5.053 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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