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Trade

UK Overseas Trade in Goods, October 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 October 2020 have recently been released. (10 December 2020).

UK overseas trade in goods statistics: October 2020

A summary document is available at:

UK Overseas Trade in Goods Statistics Commentary: October 2020

Summary

Total exports of goods for October 2020 were £28.7 billion.

Total imports of goods for October 2020 were £49.5 billion.

The UK was a net importer this month, with imports exceeding exports by £20.9 billion.

For EU trade the UK was a net importer this month, with imports exceeding exports by £8.4 billion.

For Non-EU trade the UK was a net importer this month, with imports exceeding exports by £12.5 billion.


Imports to the UK

EU Imports for October 2020 were £22.3 billion.

Non-EU Imports for October 2020 were £27.2 billion.

China accounted for 13.3% (£6.6bn) of the total value of imports to the UK. Germany had the second largest proportion of the total value of trade, accounting for 11.5% (£5.7bn) followed by the USA 7.9% (£3.9bn) then the Netherlands 6.6% (£3.2bn) and France 4.6% (£2.3bn). The top five partner countries accounted for 43.2% of total UK import value this month.


Exports from the UK

EU Exports for October 2020 were £14.0 billion

Non-EU Exports for October 2020 were £14.7 billion.

The USA accounted for 12.6% (£3.3bn) per cent of the total value of goods exports from the UK. Germany had the second largest proportion accounting for 9.9% (£2.6bn) followed by the Irish Republic with 7.4% (£1.9bn), France with 6.7% (£1.7bn) and the Netherlands with 5.8% (£1.5bn). The top five export partners accounted for 42.4% of total exports in goods this month.


Data

Spreadsheets are available which show the figures in more detail.

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

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

UK overseas trade in goods statistics October 2020: imports

UK overseas trade in goods statistics October 2020: exports