The United Kingdom’s trade deficit narrowed to GBP 0.92 billion in August 2026, down from a revised GBP 2.32 billion in the previous month. It was the smallest trade gap since January, when the trade balance posted a surplus, as exports grew while imports fell. Exports edged up 0.1% month-on-month to GBP 82.33 billion, while imports fell 1.5% to a seven-month low of GBP 83.25 billion. Goods exports inched down 0.1% to GBP 36.18 billion, while services exports rose 0.4% to GBP 46.15 billion. On the import side, goods imports fell 2.4% to a seven-month low of GBP 54.19 billion.