UK Overseas Trade in Goods, March 2022

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 were released on 12 May 2022.

UK overseas trade in goods statistics: March 2022

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: March 2022


Summary

Total exports of goods for March 2022 were £33.8 billion. This was up £4.2 billion (14%) compared with last month.

Total imports of goods for March 2022 were £61.2 billion. This was up £11.7 billion (24%) compared with last month.

The UK was a net importer this month, with imports exceeding exports by £27.4 billion

For EU trade the UK was a net importer this month, with imports exceeding exports by £11.4 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £16.0 billion.


Exports from the UK

EU Exports for March 2022 were £17.7 billion This was an increase of £2.6 billion (18%) on last month.

Non-EU Exports for March 2022 were £16.1 billion. This was an increase of £1.6 billion (11%) on last month.

The USA accounted for 12.6% (£4.2bn) of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 11.2% (£3.8bn) per cent followed by the Netherlands with 8.1% (£2.7bn), the Republic of Ireland with 7.4% (£2.5bn) and France with 6.2% (£2.1bn). The top five export partners accounted for 45.5% of total exports in goods in March 2022


Imports to the UK

EU Imports for March 2022 were £29.9 billion. This was an increase of £5.5 billion (23%) on last month

Non-EU Imports for March 2022 were £32.1 billion. This was an increase of £6.3 billion (24%) on last month.

Germany accounted for 11.1% (£6.8bn) of the total value of imports to the UK. The USA had the second largest proportion of the total value of trade accounting for 9.7% (£5.9bn), followed by China 8.8% (£5.4bn), Norway 8.4% (£5.1bn) and the Netherlands with 7.9% (£4.8bn). The top five import partner countries accounted for 45.9% of the total value of goods imported in March 2022.


Data

Spreadsheets are available which show the figures in more detail.

UK overseas trade in goods statistics March 2022: import and export data

The following tables contain EU and Non-EU import and export data for March 2022.

UK overseas trade in goods statistics March 2022: imports

UK overseas trade in goods statistics March 2022: exports