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Overseas Trade Statistics - EU Latest Release


August 2012
 
Date: 16 October 2012
 
Coverage:   United Kingdom
Theme:  Business & Energy 
 
 
The value of UK trade decreased for both imports and exports in August 2012 compared to the previous month. This follows a trend seen over the last few years and is due to a summer shutdown in many companies in August.
 
The monthly export value is the lowest since August 2010, and the import value is the lowest since December 2011. The value of imports fell more than the value of exports. This resulted in a slight decrease in the difference between UK imports from the EU and exports to the EU. This difference is now £5.0 billion, £80 million lower than last month’s largest monthly difference in recent years of £5.1 billion.
 



You can find details of how users interested in import and export markets for specific goods make use of the detailed OTS data in 'The User Story'. You can also access the detailed data in our interactive database here.
 
Key Points
     
  1. UK’s EU exports have decreased by £1.0 billion (8.0 per cent) compared to July 2012, to £11.2 billion. Compared to August 2011 exports have decreased by £0.8 billion (6.4 per cent).
  2. UK’s EU imports have decreased by £1.1 billion (6.1 per cent) compared to July 2012, to £16.2 billion. Compared to August 2011 imports increased by £0.5 billion (3.0 per cent).
  3. The UK remains a net importer (imports are greater than exports). The size of difference between imports and exports (£5.0 billion) has decreased by 1.6 per cent compared to July 2012, but when compared to August 2011 the gap has increased by 32.8 per cent.
    4.  
     
    Statistical contact:
    Andy Watson 01702 367485
    e-mail uktradeinfo@hmrc.gsi.gov.uk
     
     


    TitlePeriodDate ReleasedView
    Overseas Trade Statistics(Import)Aug 201216 Oct 2012View Release
    Overseas Trade Statistics(Export)Aug 201216 Oct 2012View Release
    Overseas Trade Statistics(Commentary)Aug 201216 Oct 2012View Release
     

     

    Please note: there may be a delay between the availability of the aggregated data tables downloadable here and the detailed data in our interactive database. This is because of the time required to upload such a large dataset. Subscribers to our email Alert Service will be sent an alert when the interactive database has been updated.
     
    Date of Next Release (EU): 13 November 2012
     
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     If using specific facts contained in this release please check the information is still current