• The UK total trade deficit narrowed £0.7 billion to £6.9 billion in the three months to March

Market news

10 May 2018

The UK total trade deficit narrowed £0.7 billion to £6.9 billion in the three months to March

The UK total trade deficit (goods and services) narrowed £0.7 billion to £6.9 billion in the three months to March 2018, due mainly to falling goods imports from non-EU countries.

The trade in goods deficit narrowed £1.5 billion with non-EU countries and widened £0.4 billion with the EU in the three months to March 2018.

The narrowing goods deficit with non-EU countries was due mainly to falls in imports of machinery and transport equipment (mainly ships and aircraft), and miscellaneous manufactures (mainly clothing and works of art) of £1.3 billion and £0.5 billion respectively in the three months to March 2018.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.