11th April 2025
The value of goods imports increased by £2.8 billion (5.9%) in February 2025, reflecting a rise in both EU and non-EU imports.
The value of goods exports remained stable in February 2025, with minimal change to exports for both EU and non-EU countries.
Exports of goods to the United States increased by £0.5 billion in February 2025, the third consecutive monthly rise, while imports of goods from the United States increased by £0.2 billion.
The total goods and services trade deficit narrowed by £7.5 billion to a deficit of £1.0 billion in the three months to February 2025, the lowest total trade deficit since the three months to July 2021.
The trade in goods deficit narrowed by £3.5 billion to £55.0 billion in the three months to February 2025, while the trade in services surplus is estimated to have widened by around £4.0 billion to £53.9 billion.
Read the full ONS report HERE