Categories
Trade

UK Overseas Trade in Goods, February 2021

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 February 2021 have recently been released. (13 April 2021).

UK overseas trade in goods statistics: February 2021

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: January 2021


Summary

Total exports of goods for February 2021 were £26.8 billion.
This was up £5.7 billion (27%) compared with last month.

Total imports of goods for February 2021 were £35.3 billion. This was up by less than £0.1 billion (0.1%) compared with last month.

The UK was a net importer this month, with imports exceeding exports by £8.4 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £4.7 billion.

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


Exports from the UK

EU Exports for February 2021 were £11.9 billion This was an increase of £4.3 billion (56%) on last month.

Non-EU Exports for February 2021 were £14.9 billion. This was an increase of £1.5 billion (12%) on last month.

The USA accounted for 12.7% (£3.4bn) per cent of the total value of goods exports from the UK. Switzerland had the second largest proportion accounting for 11.6% (£3.1bn) followed by Germany with 8.7% (£2.3bn), the Netherlands with 7.1% (£1.9bn) and France with 5.5% (£1.5bn). The top five export partners accounted for 45.6% of total exports in goods this month.


Imports to the UK

EU Imports for February 2021 were £16.6 billion. This was an increase of £1.8 billion (12%) on last month

Non-EU Imports for February 2021 were £18.7 billion. This was a decrease of £1.7 billion (8.5%) on last month.

China accounted for 14.1% (£5.0bn) of the total value of imports to the UK. Germany had the second largest proportion of the total value of trade, accounting for 12.1% (£4.3bn) followed by the USA 9.0% (£3.2bn) then the Netherlands 6.5% (£2.3bn) and Belgium 4.6% (£1.6bn). The top five partner countries accounted for 46.3% of total UK import value this month.


Data

Spreadsheets are available which show the figures in more detail.

UK overseas trade in goods statistics February 2021: import and export data

The following tables contain EU and Non-EU import and export data for February 2021.

UK overseas trade in goods statistics February 2021: imports

UK overseas trade in goods statistics February 2021: exports


Categories
Trade

UK Overseas Trade in Goods, January 2021

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 January 2021 have recently been released. (12 March 2021).

Note: Methodology Changes

From 31 December 2020, the free movement of people and goods and services between the UK and the EU ended. This means the way HMRC collects trade in goods statistics has changed, and statistics published from March 2021 onwards will reflect those changes.

UK to EU exports

Up to 31 December 2020, UK to EU export statistics were collected via the Intrastat statistical survey, which required traders to declare the value and volume of commodities exported to EU Member States within the relevant month of physical goods movement.

For goods moving from 1 January 2021, GB to EU export statistics will be compiled direct from customs export declarations made according to the requirements of the Taxation (Cross Border Trade) Act. The customs declaration requirements are more complex than the single monthly aggregated Intrastat return, and can result in differences between dates of declaration and actual movement of the goods out of the country.

The TIGS compilation methodology relies upon the acceptance date of the customs export declaration for its inclusion within the relevant month of account, rather than the declared physical movement date used from the
Intrastat survey.

Intrastat survey returns will, however, continue to be collected for goods exported from Northern Ireland to the EU, under the terms of the Northern Ireland Protocol.

Both the GB to EU customs export declaration data and NI Intrastat export (dispatch) data will be incorporated into the overall UK to EU export dataset.

As a result of the changes and differences outlined above, there will be a break in the timeseries for published UK to EU export statistics from January 2021. These will not be directly comparable to UK to EU export statistics published for previous months and years.

UK imports from EU

UK imports from EU statistics will not be impacted by any change in 2021. The Intrastat survey continues to operate for all UK (GB and NI) imports (arrivals) from the EU, to mitigate the effects of staging customs controls, and to comply with the Northern Ireland Protocol.

UK overseas trade in goods statistics: January 2021

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: January 2021


Summary

Total exports of goods for January 2021 were £21.2 billion.
(This was DOWN £7.6 billion (26%) compared with last month, and down £7.1 billion (25%) compared with January 2020.)

Total imports of goods for January 2021 were £35.5 billion (This was down £9.2 billion (21%) compared with last month, and down £6.0 billion (14%) compared with January 2020.)

The UK was a net importer this month, with imports exceeding exports by £14.3 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £7.3 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £7.0 billion.


Exports from the UK

EU Exports for January 2021 were £7.8 billion (This was a decrease of £5.8 billion (43%) on last month, and a decrease of £5.9 billion (43%) compared with January 2020).

Non-EU Exports for January 2021 were £13.4 billion. (This was a decrease of £1.8 billion (12%) on last month, and a decrease of £1.2 billion (8.1%) compared with January 2020.)

The USA accounted for 15.5% (£3.3bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 7.8% (£1.6bn) followed by the Switzerland with 6.5% (£1.4bn), China with 6.0% (£1.3bn) and the Netherlands with 5.9% (£1.3bn). The top five export partners accounted for 41.7% of total exports in goods this month.


Imports to the UK

EU Imports for January 2021 were £15.1 billion. (This was a decrease of £7.4 billion (33%) on last month, and a decrease of £4.1 billion (21%) compared with January 2020.).

Non-EU Imports for January 2021 were £20.4 billion. (This was a decrease of £1.9 billion (8.3%) on last month, and a decrease of £1.8 billion (8.2%) compared with January 2020.)

China accounted for 13.5% (£4.8bn) of the total value of imports to the UK. Germany had the second largest proportion of the total value of trade, accounting for 10.2% (£3.6bn) followed by the USA 8.7% (£3.1bn) then the Netherlands 6.6% (£2.3bn) and Norway 4.4% (£1.6bn). The top five partner countries accounted for 43.4% of total UK import value this month.


Data

Spreadsheets are available which show the figures in more detail.

UK overseas trade in goods statistics January 2021: import and export data

The following tables contain EU and Non-EU import and export data for January 2021.

UK overseas trade in goods statistics January 2021: imports

UK overseas trade in goods statistics January 2021: exports


The Brexit affect on Trade?

UK Exports and Imports from the top 10 countries for January 2021


Categories
Trade

UK Overseas Trade in Goods, December 2020

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 December 2020 have recently been released. (12 February 2021).

UK overseas trade in goods statistics: December 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: December 2020


Summary

Total exports of goods for December 2020 were £28.2 billion.

Total imports of goods for December 2020 were £44.8 billion.

The UK was a net importer this month, with imports exceeding exports by £16.5 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £9.5 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £7.1 billion.


Imports to the UK

EU Imports for December 2020 were £22.5 billion.

Non-EU Imports for December 2020 were £22.3 billion.

Germany accounted for 12.3% (£5.5bn) of the total value of imports to the UK. China had the second largest proportion of the total value of trade, accounting for 11.8% (£5.3bn) followed by the USA 7.8% (£3.5bn) then the Netherlands 7.6% (£3.4bn) and Belgium 5.4% (£2.4bn). The top five partner countries accounted for 44.9% of total UK import value this month.


Exports from the UK

EU Exports for December 2020 were £13.0 billion

Non-EU Exports for December 2020 were £15.2 billion.

The USA accounted for 14.1% (£4.0bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 9.4% (£2.6bn) followed by the Irish Republic with 8.4% (£2.4bn), the Netherlands with 6.2% (£1.7bn) and France with 5.8% (£1.6bn). The top five export partners accounted for 43.9% of total exports in goods this month.


Data

Spreadsheets are available which show the figures in more detail.

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

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

UK overseas trade in goods statistics December 2020: imports

UK overseas trade in goods statistics December 2020: exports


Categories
Trade

UK Overseas Trade in Goods, November 2020

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 November 2020 have recently been released. (15 January 2021).

UK overseas trade in goods statistics: November 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: November 2020

Summary

Total exports of goods for November 2020 were £29.2 billion.

Total imports of goods for November 2020 were £48.7 billion.

The UK was a net importer this month, with imports exceeding exports by £19.4 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £8.5 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £10.9 billion.


Imports to the UK

EU Imports for November 2020 were £23.4 billion.

Non-EU Imports for November 2020 were £25.2 billion.

China accounted for 12.8% (£6.2bn) of the total value of imports to the UK. Germany had the second largest proportion of the total value of trade, accounting for 11.9% (£5.8bn) followed by the USA 8.4% (£4.1bn) then the Netherlands 7.4% (£3.6bn) and Belgium 4.8% (£2.3bn). The top five partner countries accounted for 45.3% of total UK import value this month.


Exports from the UK

EU Exports for November 2020 were £14.9 billion

Non-EU Exports for November 2020 were £14.3 billion.

The USA accounted for 14.3% (£4.2bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 11.2% (£3.3bn) followed by the Irish Republic with 9.0% (£2.6bn), the Netherlands with 7.5% (£2.2bn) and France with 5.4% (£1.6bn). The top five export partners accounted for 47.4% of total exports in goods this month.


Data

Spreadsheets are available which show the figures in more detail.

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

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

UK overseas trade in goods statistics November 2020: imports

UK overseas trade in goods statistics November 2020: exports


Categories
Trade

UK Overseas Trade in Goods, October 2020

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 October 2020 have recently been released. (10 December 2020).

UK overseas trade in goods statistics: October 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: October 2020

Summary

Total exports of goods for October 2020 were £28.7 billion.

Total imports of goods for October 2020 were £49.5 billion.

The UK was a net importer this month, with imports exceeding exports by £20.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £8.4 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £12.5 billion.


Imports to the UK

EU Imports for October 2020 were £22.3 billion.

Non-EU Imports for October 2020 were £27.2 billion.

China accounted for 13.3% (£6.6bn) of the total value of imports to the UK. Germany had the second largest proportion of the total value of trade, accounting for 11.5% (£5.7bn) followed by the USA 7.9% (£3.9bn) then the Netherlands 6.6% (£3.2bn) and France 4.6% (£2.3bn). The top five partner countries accounted for 43.2% of total UK import value this month.


Exports from the UK

EU Exports for October 2020 were £14.0 billion

Non-EU Exports for October 2020 were £14.7 billion.

The USA accounted for 12.6% (£3.3bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 9.9% (£2.6bn) followed by the Irish Republic with 7.4% (£1.9bn), France with 6.7% (£1.7bn) and the Netherlands with 5.8% (£1.5bn). The top five export partners accounted for 42.4% of total exports in goods this month.


Data

Spreadsheets are available which show the figures in more detail.

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

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

UK overseas trade in goods statistics October 2020: imports

UK overseas trade in goods statistics October 2020: exports