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