13 November 2025, 11:45 United Kingdom: Trade Gap Smallest in 8 Months.
The UK trade deficit narrowed to 1.09 billion GBP in September 2025, down from a downwardly revised 1.28 billion GBP in August, marking the smallest gap since January. Exports fell 0.9% mom to a three-month low of 77.21 billion GBP, while imports shrank 1.1% to an eight-month low of 78.30 billion GBP. Goods exports dropped 1.2%, weighed down by a 2.7% fall in shipments to the EU, primarily due to lower fuel exports, including reduced shipments of crude oil to Poland, Denmark, and Germany. Exports to non-EU countries fell 8.0%, largely driven by lower shipments of machinery and transport equipment, including cars, to China and the US. Exports of goods to the US, including precious metals, fell 11.4% in September, the lowest level since January 2022, mostly due to declines in commodities. Services exports also fell 0.7% to a five-month low of 45.99 billion GBP. On the import side, goods imports dropped 2.0% to an eight-month low of 50.10 billion GBP, while services imports rose 0.4% to 28.20 billion GBP.
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