UK Overseas Trade in Goods, January 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 January 2020 have recently been released. (11 March 2020).
UK overseas trade in goods statistics: January 2020
A summary is provided in a document available at
UK Overseas Trade in Goods Statistics Commentary: January 2020
Summary
Total exports of goods for January 2020 were £28.1 billion.
Total imports of goods for January 2020 were £41.6 billion.
The UK was a net importer this month, with imports exceeding exports by £13.5 billion.
For EU trade the UK was a net importer this month, with imports exceeding exports by £5.9 billion.
For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £7.6 billion.
Imports to the UK
EU Imports for January 2020 were £19.4 billion.
Non-EU Imports for January 2020 were £22.2 billion.
Germany accounted for 11.6% (£4.8bn) of the total value of imports to the UK. The USA had the second largest proportion of the total value of trade, accounting for 10.2% (£4.3bn) followed by China 10.0% (£4.1bn), the Netherlands 7.5% (£3.1bn) and France 4.4% (£1.8bn). The top five partner countries accounted for 43.7% of total UK import value this month.
Exports from the UK
EU Exports for January 2020 were £13.6 billion
Non-EU Exports for January 2020 were £14.5 billion.
The USA accounted for 16.7% (£4.7bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion, accounting for 11.1% (£3.1bn), followed by, France with 7.2% (£2.0bn), the Irish Republic with 6.2% (£1.7bn) and the Netherlands with 6.1% (1.7bn). The top five export partners accounted for 47.3% of total exports in goods this month.
Spreadsheets are available which show the figures in more detail.
UK overseas trade in goods statistics January 2020: import and export data
The following tables contain EU and Non-EU import and export data for January 2020.
