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Economic Buzz: UK trade deficit widens to '5.01 billion as exports slide
14-Aug-2025 12:21
The UK trade deficit widened to '5.01 billion in June 2025, its largest since February, as exports dropped faster than imports. Exports fell 2.6% to '74.76 billion, hitting a six-month low, with sharp declines in machinery and transport equipment shipments to Germany and the US. Goods exports to the US, including precious metals, sank to their lowest since February 2022. Imports slid 1.9% to '79.78 billion, led by reduced office machinery purchases from the Netherlands and car imports from Germany.

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