
14th July 2025
In 2024, the UK's total trade in goods and services (exports plus imports) was £873.5 billion.
The UK generally imports more than it exports, resulting in a trade deficit.
In 2024, the EU accounted for 41% of UK exports and 50% of UK imports.
Here's a more detailed breakdown:
Exports: UK exports of goods and services totalled £873 billion in 2024.
Imports: UK imports totalled £906 billion in 2024.
EU Trade: The EU is a significant trading partner, accounting for a large portion of both UK exports and imports.
Trade Deficit: The UK typically imports more than it exports, leading to a trade deficit.
EU Share: In 2024, the EU accounted for 41% of UK exports and 50% of UK imports.
Recent Data: More recent data shows that the UK's total trade in goods and services for the 12 months ending April 2025 was £881.7 billion.
Read more details HERE