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UK Overseas Trade in Goods, June 2020

Trade

by Politicker on 17th August 2020 0 Comments

HM Revenue & Customs (HMRC) collects the UK’s international trade in goods data for Non-EU and EU trade with the UK. These are published on a monthly basis and figures for June 2020 have recently been released. (12 August 2020).

UK overseas trade in goods statistics: June 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: June 2020

Summary

Total exports of goods for June 2020 were £24.9 billion.

Total imports of goods for June 2020 were £38.8 billion.

The UK was a net importer this month, with imports exceeding exports by £13.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £5.6 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £8.3 billion.

Imports to the UK

EU Imports for June 2020 were £18.0 billion.

Non-EU Imports for June 2020 were £20.8 billion.

Germany accounted for 10.9% (£4.2bn) of the total value of imports to the UK. China had the second largest proportion of the total value of trade, accounting for 10.5% (£4.1bn) followed by the USA 8.7% (£3.4bn), the Netherlands 7.5% (£2.9bn) and France 4.5% (£1.7bn). The top five partner countries accounted for 42.1% of total UK import value this month.

Exports from the UK

EU Exports for June 2020 were £12.4 billion

Non-EU Exports for June 2020 were £12.5 billion.

The USA accounted for 13.5% (£3.4bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 11.0% (£2.7bn) followed by France with 6.8% (£1.7bn), The Irish Republic with 6.6% (£1.7bn) and the Netherlands with 6.2% (£1.5bn). The top five export partners accounted for 44.1% of total exports in goods this month.

Spreadsheets are available which show the figures in more detail.

https://www.gov.uk/government/statistical-data-sets/uk-overseas-trade-in-goods-statistics-june-2020-import-and-export-data

UK overseas trade in goods statistics June 2020: import and export data

The following tables contain EU and Non-EU import and export data for June 2020.

UK overseas trade in goods statistics June 2020: imports

UK overseas trade in goods statistics June 2020: exports

Intelligence and Security Committee – Russia Report

Politics

by Politicker on 21st July 2020 0 Comments

The Intelligence and Security Committee (ISC) published their long awaited Russia Report today, 21 July 2020.

The ISC is a statutory committee of Parliament that has responsibility for oversight of the UK Intelligence Community. The Committee oversees the intelligence and security activities of the UK, including the policies, expenditure, administration and operations of MI5, MI6 (the Secret Intelligence Service or SIS) and the Government Communications Headquarters (GCHQ).

This report, on Russia, is the result of an Inquiry by the Committee, chaired by Dominic Grieve QC and prepared in October 2019.

Details of the report are available at

http://isc.independent.gov.uk/news-archive/21july2020

(enc)

Press Notice

The Government issued a response, available from

https://www.gov.uk/government/publications/government-response-to-intelligence-and-security-committee-russia-report

or a copy here

Government Response (pdf)

The Prime Minister made the following statement:

The Intelligence and Security Committee of Parliament (ISC) has today laid before Parliament a report on Russia, examining the Russian threat to the UK and the UK’s response. I welcome the report and thank the former Committee for the work that has gone into this; this has clearly been an extensive effort spanning almost two years.

The Government is publishing its response to the ISC’s Russia Report immediately, recognising the significant public interest in the issues it raises.

Copies of the response have been laid before both Houses.

The Committee has also today laid before Parliament its Annual Report 2018-19. This report highlights the breadth of the Committee’s oversight role and I thank them for their important work.

I would like to thank the former Committee for their work in the last Parliament, and I look forward to working with the newly appointed Committee in the future.

UK Overseas Trade in Goods, May 2020

Trade

by Politicker on 20th July 2020 0 Comments

HM Revenue & Customs (HMRC) collects the UK’s international trade in goods data for Non-EU and EU trade with the UK. These are published on a monthly basis and figures for May 2020 have recently been released. (14 July 2020).

UK overseas trade in goods statistics: May 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: May 2020

Summary

Total exports of goods for May 2020 were £21.9 billion.

Total imports of goods for May 2020 were £29.7 billion.

The UK was a net importer this month, with imports exceeding exports by £7.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £4.0 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £3.9 billion.

Imports to the UK

EU Imports for May 2020 were £13.6 billion.

Non-EU Imports for May 2020 were £16.1 billion.

China accounted for 12.5% (£3.7bn) of the total value of imports to the UK. The USA had the second largest proportion of the total value of trade, accounting for 10.8% (£3.2bn) followed by Germany 9.8% (£2.9bn), the Netherlands 8.53% (£2.5bn) and France 4.6% (£1.4bn). The top five partner countries accounted for 46.2% of total UK import value this month.

Exports from the UK

EU Exports for May 2020 were £9.6 billion

Non-EU Exports for May 2020 were £12.3 billion.

The USA accounted for 13.0% (£2.1bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 9.7% (£2.1bn) followed by Switzerland with 8.0% (£1.8bn), The Irish Republic with 6.9% (£1.5bn) and the Netherlands with 6.1% (£1.3bn). The top five export partners accounted for 43.7% of total exports in goods this month.

Spreadsheets are available which show the figures in more detail.

UK overseas trade in goods statistics May 2020: import and export data

The following tables contain EU and Non-EU import and export data for May 2020.

UK overseas trade in goods statistics May 2020: imports

UK overseas trade in goods statistics May 2020: exports

UK Overseas Trade in Goods, April 2020

Trade

by Politicker on 12th June 2020 0 Comments

HM Revenue & Customs (HMRC) collects the UK’s international trade in goods data for Non-EU and EU trade with the UK. These are published on a monthly basis and figures for April 2020 have recently been released. (12 June 2020).

UK overseas trade in goods statistics: April 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: April 2020

Summary

Total exports of goods for April 2020 were £24.3 billion.

Total imports of goods for April 2020 were £30.5 billion.

The UK was a net importer this month, with imports exceeding exports by £6.2 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £3.7 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £2.5 billion.

Imports to the UK

EU Imports for April 2020 were £13.8 billion.

Non-EU Imports for April 2020 were £16.7 billion.

The USA accounted for 12.4% (£3.8bn) of the total value of imports to the UK. China had the second largest proportion of the total value of trade, accounting for 10.4% (£3.2bn) followed by Germany 10.2% (£3.1bn), the Netherlands 8.3% (£2.5bn) and Russia 5.8% (£1.8bn). The top five partner countries accounted for 47.1% of total UK import value this month.

Exports from the UK

EU Exports for April 2020 were £10.1 billion

Non-EU Exports for April 2020 were £14.2 billion.

Switzerland accounted for 14.9% (£3.6bn) per cent of the total value of goods exports from the UK. The USA had the second largest proportion accounting for 13.2% (£3.2bn) followed by Germany with 10.3% (£2.5bn), The Netherlands with 5.9% (£1.4bn) and the Irish Republic with 5.7% (£1.4bn). The top five export partners accounted for 50% of total exports in goods this month.