UK overseas trade in goods, November 2019

Trade

by Politicker on 13th 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 November 2019 have recently been released. (13 January 2020).

UK overseas trade in goods statistics: November 2019

A summary is provided in a document available at

UK Overseas Trade in Goods Statistics Commentary: November 2019

Summary

Total exports of goods for November 2019 were £30.0 billion.

Total imports of goods for November 2019 were £43.9 billion.

The UK was a net importer this month, with imports exceeding exports by £13.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £7.8 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £6.1 billion.

Imports to the UK

EU Imports for November 2019 were £21.1 billion.

Non-EU Imports for November 2019 were £22.8 billion.

Germany accounted for 11.8% (£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 9.8% (£4.3bn) followed by China 9.1% (£4.0bn), the Netherlands 7.7% (£3.4bn) and France 5.3% (2.3bn). The top five partner countries accounted for 43.7% of total UK import value this month.

Exports from the UK

EU Exports for November 2019 were £13.3 billion

Non-EU Exports for November 2019 were £16.7 billion.

The USA accounted for 15.6% (£4.7bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion, accounting for 10.0% (£3.0bn), followed by China with 8.0% (£2.4bn), France with 6.3% (£1.9bn), and the Netherlands at 6.3% (£1.9bn). The top five export partners accounted for 46.2% of total exports in goods this month.