The UK trade deficit narrowed to GBP 6.12 billion in November 2025, down from an upwardly revised GBP 6.53 billion in October, as exports rose while imports were unchanged. Exports grew 0.6% mom to a three-month high of GBP 77.19 billion, while imports were almost flat at GBP 83.31 billion. Goods exports increased 1.9% mom to a three-month high of GBP 31.37 billion, boosted by higher shipments to EU countries (2.8%), mainly driven by increased exports of medicinal and pharmaceutical products to Germany and France. Goods exports to non-EU countries also rose 1.1%, primarily due to higher exports of machinery and transport equipment. Conversely, exports of goods to the US, including precious metals, fell 10.4% due to lower exports of medicinal and pharmaceutical products and inorganic chemicals. Meanwhile, services exports fell 0.3% to a five-month low of GBP 45.82 billion. On the import side, goods imports rose 0.2% to GBP 55.08 billion, while services imports fell 0.3% to a six-month low of GBP 28.23 billion.