12 June 2026, 10:58  United Kingdom: Trade Deficit Narrows in April.

The United Kingdom trade deficit declined to GBP 8.44 billion in April 2026, down from GBP 9.66 billion in the previous month. Exports grew 1.1% month-on-month to a three-month high of GBP 79.97 billion, while imports fell 0.4% to GBP 88.41 billion. Goods exports rose 2.4% to GBP 33.11 billion, driven by higher shipments to both EU and non-EU countries, which rose 2.6% each. Exports to the EU increased due to a GBP 0.4 billion rise in machinery and transport equipment and aircraft to Germany. Services exports ticked up 0.2% to GBP 46.86 billion. On the import side, goods imports fell 0.7% to GBP 59.16 billion, with imports from non-EU countries declining 1.2%, mainly due to a GBP 0.2 billion decline in fuel imports. Meanwhile, imports from EU countries grew 4.0%, supported by higher imports of fuel, machinery and transport equipment, along with chemicals. Meanwhile, services imports edged up 0.1% to GBP 29.25 billion.

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