Data Insights

Overall, the UK experienced a mixed trade performance in 202602. Total imports increased by 8.75B GBP (15.73%) year-on-year, while total exports decreased by 7.06B GBP (-17.39%). Month-on-month, imports rose slightly by 431.29M GBP (0.67%), and exports increased by 1.48B GBP (4.63%). The trade balance indicates a growing import trend, while exports are facing challenges, particularly with key partners like the United States and China.

In the month-on-month analysis, the total trade value for the UK saw a slight increase, with exports rising to 33.53B GBP, reflecting a growth of 1.48B GBP (approximately 4.63%). Imports also increased slightly to 64.41B GBP, with a modest rise of 431.29M GBP (0.67%). For imports by country, South Africa led with a significant increase of 1.04B GBP (103.37%), followed by Azerbaijan with 719.21M GBP (633.83%), and China with 666.51M GBP (13.05%). On the lower end, Switzerland saw a decrease of 3.41B GBP (-48.73%), the United States decreased by 524.37M GBP (-5.68%), and Norway by 244.84M GBP (-12.44%). In exports, Hong Kong experienced the highest increase of 1.07B GBP (77.15%), followed by the United Arab Emirates with 433.57M GBP (34.46%), and the United States with 424.8M GBP (11.73%). Conversely, China faced a significant drop of 1.31B GBP (-66.12%), the Netherlands decreased by 573.23M GBP (-21.67%), and Switzerland by 335.47M GBP (-32.22%). Geographically, Dover led imports with an increase of 612.6M GBP (12.73%), while London Heathrow saw a decrease of 1.97B GBP (-9.65%). In exports, Immingham had the highest increase of 324.89M GBP (18.97%), while Harwich International faced a drop of 617.78M GBP (-50.08%). In terms of product categories, imports of Cars rose by 977.95M GBP (29.91%), while Gold saw a decrease of 1.57B GBP (-11.54%). Exports of Silver increased by 1.37B GBP (56.13%), while Gold exports dropped by 1.32B GBP (-78.46%).

In the year-on-year analysis, total imports increased significantly to 64.41B GBP, reflecting a growth of 8.75B GBP (15.73%). However, total exports decreased to 33.53B GBP, with a decline of 7.06B GBP (-17.39%). For imports by country, Canada saw the highest increase of 1.96B GBP (143.40%), followed by the United States with 1.83B GBP (26.64%), and South Africa with 1.57B GBP (337.67%). On the downside, Uzbekistan faced a drastic drop of 1.49B GBP (-100%), Norway decreased by 743.39M GBP (-30.24%), and Kuwait by 190.25M GBP (-52.92%). In exports, Hong Kong led with an increase of 1.68B GBP (220.62%), followed by the United Arab Emirates with 1.16B GBP (220.72%), and India with 1.1B GBP (260.20%). Conversely, the United States saw a significant drop of 4.66B GBP (-53.47%), China by 4B GBP (-85.55%), and Switzerland by 3.09B GBP (-81.73%). Geographically, London Heathrow had the highest increase in imports of 7.21B GBP (64.38%), while Not Collected saw a decrease of 2.39B GBP (-76.88%). In exports, Dover/Eurotunnel increased by 560.18M GBP (11.83%), while London Heathrow faced a drop of 7.61B GBP (-45.61%). In terms of product categories, imports of Gold increased by 4.31B GBP (56.06%), while Petroleum Gas saw a decrease of 838.09M GBP (-34.08%). Exports of Silver increased by 2.47B GBP (182.36%), while Gold exports dropped by 10.57B GBP (-96.69%).

In summary, the total trade value for the United Kingdom in 202601 showed a significant increase in imports by 13.16B GBP year-on-year, while exports faced a notable decline of 11.36B GBP. Month-on-month, imports decreased by 6.83B GBP, whereas exports increased by 1.97B GBP. The overall trade flow indicates a challenging environment for exports, particularly with major partners like the United States and Switzerland, while imports from countries like Switzerland and the United States have shown strong growth.

In the month-on-month analysis, the total trade value for imports decreased by 6.83B GBP, reflecting a decline of approximately 9.65%. In contrast, exports saw a modest increase of 1.97B GBP, which is about 6.54% higher than the previous month. **Country Official:** For imports, the highest increases were from the United States (2.37B GBP, 34.52%), Ireland (374.75M GBP, 26.41%), and Germany (325.3M GBP, 5.64%). The largest decreases were from Switzerland (-3.13B GBP, -30.91%), Hong Kong (-1.65B GBP, -70.65%), and South Africa (-1.52B GBP, -60.22%). For exports, the top increases were to China (923.2M GBP, 86.92%), India (855.1M GBP, 139.08%), and Switzerland (610.13M GBP, 142.27%). The largest decreases were to Azerbaijan (-929.57M GBP, -98.38%), the United States (-505.07M GBP, -12.23%), and Canada (-171.79M GBP, -34.62%). **Subnat Geography:** In terms of geographical regions, imports from London Gatwick increased significantly by 399.55M GBP (2082.48%), Medway by 254.98M GBP (50.81%), and Inland Clearance by 192.9M GBP (37.14%). Conversely, imports from London Heathrow decreased by 5.81B GBP (-22.11%), Avonmouth by 502.87M GBP (-42.46%), and Low Value Noneu Trade by 308.4M GBP (-22.86%). For exports, London Heathrow saw an increase of 2.89B GBP (46.83%), Harwich International by 399.14M GBP (48.74%), and Dover/Eurotunnel by 347.94M GBP (7.72%). The largest decreases were from Southampton (-415.63M GBP, -18.56%), London Gateway (-357.94M GBP, -31.59%), and Inland Clearance (-202.19M GBP, -17.16%). **HS4 Official:** In product categories, imports of Silver increased by 1.11B GBP (80.00%), Planes, Helicopters, and/or Spacecraft by 723M GBP (9.31%), and Platinum by 631.56M GBP (134.15%). The largest decreases were in Gold (-7.56B GBP, -35.77%), Small shipments in extra trade (-603.12M GBP, -18.69%), and Refined Petroleum (-375.31M GBP, -22.00%). For exports, Silver increased by 2.24B GBP (10.67%), Gold by 641.75M GBP (61.82%), and Computers by 529.33M GBP (108.14%). The largest decreases were in Cars (-445.79M GBP, -22.71%), Hard Liquor (-159.92M GBP, -30.60%), and Small shipments in extra trade (-133.03M GBP, -6.77%).

In the year-on-year analysis, total imports increased by 13.16B GBP, representing a growth of approximately 25.90%. However, total exports decreased by 11.36B GBP, which is a decline of about 26.06%. **Country Official:** The top increases in imports were from Switzerland (5.47B GBP, 3.57%), the United States (3.76B GBP, 0.69%), and Canada (1.81B GBP, 1.53%). The largest decreases were from Norway (-1.01B GBP, -34.01%), Libya (-215.98M GBP, -72.69%), and Nigeria (-210.44M GBP, -81.23%). For exports, the highest increases were to China (1.33B GBP, 203.90%), the United Arab Emirates (747.75M GBP, 146.46%), and India (710.02M GBP, 93.44%). The largest decreases were to the United States (-7.72B GBP, -68.04%), Switzerland (-6.84B GBP, -86.81%), and Azerbaijan (-562.75M GBP, -97.37%). **Subnat Geography:** In terms of geographical regions, imports from London Heathrow increased by 12.81B GBP (1767.43%), PoC Unknown by 2.22B GBP (322.92%), and Dover by 616.35M GBP (14.63%). The largest decreases were from Not Collected (-2.59B GBP, -80.67%), Felixstowe (-1.14B GBP, -28.41%), and Hull (-554.06M GBP, -29.36%). For exports, the top increases were from Harwich International (904.57M GBP, 274.98%), Dover/Eurotunnel (707.37M GBP, 16.04%), and Prestwick Airport (257.92M GBP, 12.96%). The largest decreases were from London Heathrow (-11.28B GBP, -55.44%), Southampton (-873.68M GBP, -32.42%), and London Gateway (-591.59M GBP, -43.26%). **HS4 Official:** In product categories, imports of Gold increased by 9.25B GBP (224.30%), Silver by 2.21B GBP (7.39%), and Gas Turbines by 1.24B GBP (105.37%). The largest decreases were in Crude Petroleum (-992.13M GBP, -44.21%), Petroleum Gas (-657.48M GBP, -25.59%), and Telephones (-110.03M GBP, -8.08%). For exports, Gas Turbines increased by 1.65B GBP (86.35%), Computers by 694.24M GBP (218.85%), and Silver by 536.31M GBP (28.09%). The largest decreases were in Gold (-13.5B GBP, -89.94%), Cars (-492.85M GBP, -24.52%), and Coal Tar Oil (-134.61M GBP, -69.06%).

Overall, the total trade value for imports reached 70.81B GBP, reflecting a month-on-month increase of 6.78B GBP (10.59%) and a year-on-year increase of 18.85B GBP (36.28%). Exports totaled 30.08B GBP, showing a month-on-month decrease of 3.14B GBP (-9.44%) and a year-on-year decrease of 6.69B GBP (-18.19%). The trade balance indicates a significant increase in imports compared to exports, highlighting a growing trade deficit.

In the month-on-month analysis, imports from Switzerland saw a significant increase of 4.98B GBP, representing a 96.33% rise, making it the highest increase among partner countries. Hong Kong and South Africa also showed strong growth with increases of 1.72B GBP (274.69%) and 1.48B GBP (142.89%) respectively. On the lower end, imports from Germany decreased by 541.97M GBP (-8.59%), followed by China with a decrease of 304.78M GBP (-5.41%) and the Netherlands with a drop of 290.28M GBP (-7.10%). For exports, Azerbaijan led with an increase of 495.09M GBP (110.07%), followed by Singapore with 174.13M GBP (29.60%) and India with 136.22M GBP (28.46%). Conversely, exports to China fell by 1.01B GBP (-48.67%), Germany by 577.04M GBP (-19.37%), and Hong Kong by 427.16M GBP (-29.76%).

Year-on-year, imports from Switzerland increased by 9.27B GBP (10.70%), with Canada and Hong Kong following with increases of 2.25B GBP (1.58%) and 1.77B GBP (3.10%) respectively. On the downside, Uzbekistan saw a drastic drop of 686.39M GBP (-99.91%), Norway by 559.75M GBP (-22.12%), and Kazakhstan by 267.43M GBP (-74.73%). For exports, Azerbaijan again led with an increase of 443.42M GBP (88.42%), followed by Hong Kong with 315.36M GBP (45.50%) and Singapore with 253.69M GBP (49.87%). However, exports to Switzerland fell by 3.54B GBP (-89.25%), China by 3.07B GBP (-74.73%), and the United States by 2.06B GBP (-33.33%).

The analysis of the trade values for the United Kingdom in 202511 indicates a mixed performance in international commerce. Month-on-month, total imports decreased by 395M GBP (-0.61%) while exports fell by 4.02B GBP (-10.76%). Year-on-year, total imports increased by 5.15B GBP (8.75%) but exports saw a significant decline of 5.48B GBP (-14.12%). The highest increases in imports were from Switzerland and the United States, while the largest decreases were from the United States and Germany. For exports, Hong Kong and Saudi Arabia showed the most significant increases, while Switzerland and China experienced the largest declines.

In the month-on-month analysis, imports from Switzerland saw the highest increase with a trade value of 5.16B GBP, reflecting a significant rise of 2.69B GBP (approximately 108.43%). Australia followed with an increase of 354.01M GBP (45.57%), while Canada experienced a modest rise of 289.07M GBP (9.37%). On the downside, imports from the United States dropped by 1.41B GBP (-17.45%), Germany decreased by 645.92M GBP (-9.29%), and China saw a decline of 490.74M GBP (-8.00%). For exports, Hong Kong led with an increase of 537.35M GBP (59.82%), followed by an unknown category with 135.2M GBP (17.39%), and South Korea with 118.21M GBP (48.00%). Conversely, Qatar faced a significant drop of 1.58B GBP (-82.39%), Switzerland decreased by 1.49B GBP (-76.32%), and India saw a decline of 613.51M GBP (-56.96%). Overall, total imports decreased by 395M GBP (-0.61%) while exports fell by 4.02B GBP (-10.76%).

In the year-on-year analysis, imports from Switzerland again topped the list with a trade value of 5.16B GBP, marking an increase of 3.92B GBP (426.67%). The United States followed with a rise of 2.07B GBP (45.00%), and Canada increased by 1.81B GBP (116.67%). On the lower end, Kazakhstan saw a drastic decline of 1.94B GBP (-96.67%), China decreased by 785.92M GBP (-12.24%), and Norway fell by 767.6M GBP (-29.96%). For exports, Hong Kong led with an increase of 627.14M GBP (77.57%), Saudi Arabia followed with 214.29M GBP (56.42%), and Poland increased by 172.59M GBP (37.93%). On the downside, Switzerland faced a significant drop of 4.17B GBP (-90.01%), China decreased by 2.12B GBP (-50.00%), and the United States saw a decline of 1.21B GBP (-23.19%). Overall, total imports increased by 5.15B GBP (8.75%) while exports decreased by 5.48B GBP (-14.12%).

Overall, the total trade for the United Kingdom showed a month-on-month increase in imports to 64.43B, up by 6.43B (11.09%), and exports increased to 37.24B, up by 4.19B (12.67%). Year-on-year, imports totaled 64.43B, with a slight decrease of 209.34M (-0.32%), while exports reached 37.24B, up by 2.67B (7.73%). The analysis indicates a strong recovery in trade flows, particularly in imports from key partners and exports to emerging markets.

In the month-on-month analysis, imports from the United States saw the highest increase with a trade value of 8.06B, reflecting a significant rise of 3.42B (73.59%). Canada followed with a trade value of 3.09B, increasing by 959.94M (45.16%). China also contributed with 6.12B, up by 766.39M (14.32%). On the lower end, Uzbekistan experienced a drastic decline with a trade value of 350.83K, down by 880.9M (-99.96%). Switzerland's imports decreased to 2.48B, down by 573.79M (-18.80%), and South Africa saw a drop to 1.05B, down by 243.1M (-18.78%). In terms of exports, Switzerland led with 1.95B, increasing by 1.53B (360.77%). Azerbaijan followed with 780.31M, up by 744.93M (21.06%). The United States also saw a rise to 4.42B, increasing by 743.51M (20.22%). Conversely, Hong Kong's exports fell to 898.22M, down by 999.87M (-52.68%). Oman saw a decrease to 49.26M, down by 610.75M (-92.54%), and Canada’s exports dropped to 463.18M, down by 183.1M (-28.31%).

In the year-on-year analysis, imports from the United States reached 8.06B, up by 2.37B (41.74%). Canada also saw an increase to 3.09B, up by 1.06B (52.18%). The rest of the world contributed 1.76B, increasing by 394.36M (28.83%). On the downside, Kazakhstan's imports fell to 160.43M, down by 1.8B (-91.82%). Switzerland's imports decreased to 2.48B, down by 1.04B (-29.48%), and Uzbekistan's imports plummeted to 350.83K, down by 674.56M (-99.99%). For exports, Qatar led with 1.92B, increasing by 1.79B (1433.61%). Switzerland followed with 1.95B, up by 1.48B (315.83%). India also saw a rise to 1.09B, increasing by 678.21M (165.83%). On the lower end, exports to China fell to 2.42B, down by 2.36B (-49.42%). The Netherlands saw a decrease to 2.1B, down by 249.65M (-10.61%), and the United States' exports dropped to 4.42B, down by 234.87M (-5.05%).