UK trade with the United States fell by £0.7 billion in June 2025

14th August 2025

Exports of goods to the United States, including precious metals, fell by £0.7 billion in June 2025 (Figure 3). The value of goods exports to the United States in June 2025 were at their lowest level since February 2022 and have remained relatively low since the introduction of tariffs in April.

There were decreases in exports of all commodities to the United States in June 2025. Exports of chemicals, and exports of machinery and transport equipment both decreased by £0.2 billion. The fall in chemical exports was linked to lower exports of inorganic chemicals, and the fall in machinery and transport equipment was because of reduced car exports.

Imports of goods from the United States, including precious metals, increased by £0.2 billion in June 2025. This was mainly because of a rise in imports of machinery and transport equipment, resulting from higher imports of aircraft.

President Trump formally announced a range of tariffs on imports of goods to the United States on 2 April 2025. The UK government subsequently signed a trade deal with the United States, which came into force on 30 June 2025. The deal includes reducing the tariff on UK car exports to the United States and removing tariffs on UK aluminium and steel exports. All other commodities remain subject to the additional 10% blanket tariff on US imports in effect since April 2025. Any direct impact of this trade deal on UK imports from or exports to the United States would be present in July 2025 trade data; the first full month of data following the implementation of the trade deal.

There have been considerable changes in the United States international trade policy in recent months, which has posed challenges for UK businesses. According to our Business insights and impact on the UK economy bulletin published on 7 August 2025, 32% of businesses with 10 or more employees that had exported goods in the last 12 months reported they were impacted by US tariffs in the last month, with the most-reported impact being businesses experiencing additional costs (18%).

It is important to note that monthly data can be erratic, and therefore movements should be treated with caution. More detailed estimates on the UK's trade in goods with the United States can be found in our Trade in goods: country-by-commodity imports dataset and Trade in goods: country-by-commodity exports dataset. Our UK trade with the United States article provides a more detailed look at our trade in goods and services with the United States in 2024.

Numbers on the graph
1 US presidential election
2 US presidential inauguration
3 Baseline 10% tariff on all goods imported into the US implemented
4 UK-US trade deal announced

Read the full report HERE