United Kingdom

Insights for United Kingdom

BETA

March 2026 period, National level, Product aggregation

AI
Summary: Overall, the UK trade data for March 2026 indicates a total import value of 75.76B GBP, reflecting a month-on-month increase of 11.35B GBP (17.6%) and a year-on-year increase of 15.4B GBP (25.5%). Exports totaled 36.06B GBP, with a month-on-month increase of 2.53B GBP (7.5%) but a year-on-year decrease of 3.14B GBP (-7.9%). The trade balance shows a significant increase in imports, while exports have faced challenges, particularly with key partners like the United States and the UAE.
AI
MoM insights: In March 2026, the UK experienced significant changes in trade values across various dimensions. For imports, Switzerland led with a trade value of 8.24B GBP, showing a remarkable month-on-month increase of 4.65B GBP (approximately 129.4%). Canada followed with 4.53B GBP, up by 1.2B GBP (35.9%). On the lower end, Australia saw a decline, with imports dropping to 162.7M GBP, down by 803.37M GBP (-83.2%). In exports, China topped the list with 2.25B GBP, an increase of 1.58B GBP (approximately 234.3%). The Netherlands and Germany also showed positive growth, with increases of 556.21M GBP (26.8%) and 414.23M GBP (13.9%) respectively. Conversely, the United Arab Emirates faced a significant drop in exports, falling to 410.09M GBP, down by 1.28B GBP (-75.8%).
AI
YoY insights: Year-on-year analysis for March 2026 revealed substantial shifts in trade values. Imports from Switzerland reached 8.24B GBP, up by 6.87B GBP (approximately 500.4%). Canada also saw a notable increase, with imports at 4.53B GBP, up by 2.52B GBP (125.2%). In contrast, Uzbekistan's imports plummeted to 605.6K GBP, down by 1.49B GBP (-99.9%). On the exports side, Hong Kong led with 2.52B GBP, an increase of 1.66B GBP (193.9%). Germany and the Netherlands also reported growth, with increases of 494.68M GBP (17.1%) and 338.74M GBP (14.9%) respectively. However, exports to the United States fell to 4.45B GBP, down by 3.6B GBP (-44.7%).
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