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Economic Buzz: UK's trade deficit widens due to larger imports in Q2
14-Aug-2025 12:24
According to the Office for National Statistics, UK's value of goods imports decreased by '1.7 billion (3.4%) in June 2025, because of falls in imports from both EU and non-EU countries.

Meanwhile, the value of goods exports decreased by '1.9 billion (6.3%) in June 2025, because of falls in exports to both EU and non-EU countries.

Exports of goods to the United States decreased by '0.7 billion (14.5%) in June 2025, to their lowest level since February 2022.

The total goods and services trade deficit widened by '1.7 billion to a deficit of '9.2 billion in Quarter 2 (Apr to June) 2025, because of a larger rise in imports than in exports.

The trade in goods deficit widened by '5.8 billion to '61.1 billion in Quarter 2 2025, while the trade in services surplus is estimated to have widened by around '4.1 billion, to '51.9 billion.

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