Insights for United Kingdom

MoM insights: In May 2026, the UK experienced notable changes in trade values across various dimensions. For imports, Switzerland led with a significant increase of 1.57B GBP (39.95%), followed by the Philippines with a remarkable rise of 658.94M GBP (15.63%). Canada also saw a positive change of 337.01M GBP (9.86%). Conversely, the lowest decreases were observed in Uzbekistan (-1.15B GBP, -99.91%), the United States (-772.3M GBP, -12.23%), and Germany (-553.07M GBP, -8.61%). For exports, China topped the list with a substantial increase of 2.58B GBP (67.39%), followed by the United States with an increase of 848.54M GBP (20.79%). Oman also showed a positive change of 310.27M GBP (12.39%). On the downside, Hong Kong experienced a decrease of 682.89M GBP (-26.77%), France saw a drop of 545.84M GBP (-19.98%), and Singapore had a decline of 299.11M GBP (-32.63%). Overall, total exports increased by 2.52B GBP (6.80%), while imports saw a modest rise of 140.11M GBP (0.22%).

YoY insights: Year on year, the UK trade landscape showed significant variations. For imports, Switzerland again led with a remarkable increase of 3.43B GBP (166.16%), followed by South Africa with an increase of 906.7M GBP (104.92%). Canada also saw a positive change of 826.79M GBP (28.23%). On the other hand, the largest declines were in Australia (-629.54M GBP, -72.14%), Germany (-485.39M GBP, -7.64%), and Hong Kong (-271.26M GBP, -35.26%). In terms of exports, China experienced the highest growth with an increase of 4.07B GBP (174.49%), followed by the United States with 799.23M GBP (19.35%). The Netherlands also saw a positive change of 706.67M GBP (35.66%). Conversely, Azerbaijan faced the largest decline of 309M GBP (-96.05%), followed by the Rest of the World (-128.07M GBP, -17.00%) and Poland (-112.92M GBP, -14.99%). Overall, total exports increased by 8.83B GBP (28.72%), while imports rose by 6.3B GBP (10.90%).