UK overseas trade in goods, July 2019

Trade

by Politicker on 20th September 2019

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 July 2019 have recently been released. (9 September 2019)

UK overseas trade in goods statistics: July 2019

A summary is provided in a document available at

UK Overseas Trade in Goods Statistics Commentary: July 2019

Summary

Total exports of goods for July 2019 were £29.9 billion.

Total imports of goods for July 2019 were £48.1 billion.

The UK was a net importer this month, with imports exceeding exports by £18.2 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £8.0 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £10.2 billion.

Imports to the UK

EU Imports for July 2019 were £21.7 billion.

Non-EU Imports for July 2019 were £26.4 billion.

Germany accounted for 10.8% (£5.2bn) of the total value of imports to the UK. The USA had the second largest proportion of the total value of trade, accounting for 9.2% (£4.4bn) followed by China 8.3% (£4.0bn), Switzerland 7.9% (£3.8bn) and the Netherlands 7.1% (£3.4bn). The top five partner countries accounted for 43.3% of total UK import value this month.

Exports from the UK

EU Exports for July 2019 were £13.7 billion

Non-EU Exports for July 2019 were £16.2 billion.

The USA accounted for 16.4% (£4.9bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion, accounting for 10.1% (£3.0bn), followed by France with 6.7% (£2.0bn), China with 6.3% (£1.9bn), and the Irish Republic at 5.9% (£1.8bn). The top five export partners accounted for 45.4% of total exports in goods this month.