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Trade

UK Overseas Trade in Goods, March 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 March 2020 have recently been released. (13 May 2020).

UK overseas trade in goods statistics: March 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: March 2020

Summary

Total exports of goods for March 2020 were £28.8 billion.

Total imports of goods for March 2020 were £41.7 billion.

The UK was a net importer this month, with imports exceeding exports by £12.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £8.2 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £4.8 billion.


Imports to the UK

EU Imports for March 2020 were £21.3 billion.

Non-EU Imports for March 2020 were £20.4 billion.

Germany accounted for 12.9% (£5.4bn) of the total value of imports to the UK. The USA had the second largest proportion of the total value of trade, accounting for 11.1% (£4.7bn) followed by the Netherlands 8.5% (£3.5bn), China 5.5% (£2.3bn) and Belgium 5.5% (£2.3bn). The top five partner countries accounted for 43.5% of total UK import value this month.


Exports from the UK

EU Exports for March 2020 were £13.1 billion

Non-EU Exports for March 2020 were £15.7 billion.

The USA accounted for 14.3% (£4.1bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 10.1% (£2.9bn) followed by the Irish Republic with 6.1% (£1.8bn), France with 6.1% (£1.8bn) and the Netherlands with 5.9% (£1.7bn). The top five export partners accounted for 42.5% of total exports in goods this month.


Spreadsheets are available which show the figures in more detail.

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

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

UK overseas trade in goods statistics March 2020: imports

UK overseas trade in goods statistics March 2020: exports