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Trade balance

The difference between the value of UK exports and imports of goods and services, in billions of pounds.

-£1.0bn
+85.2% vs 2026-04

As of 2026-05

Historical trend

Trend summary

Trade balance was -£1.0bn in 2026-05, up from -£7.0bn in 2026-04.

Trend

  • Over the available record (1997-01–2026-05), it has ranged from -£11bn in 2022-01 to £9.5bn in 2020-05.
  • The latest reading is above the record average of -£1.8bn.

Context

  • ONS trade statistics are subject to large revisions, particularly for services.
  • UK trade data excludes trade in non-monetary gold and other non-monetary assets.

Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.

About this indicator

Source
ONS
Update frequency
Monthly
Last updated
3 August 2026
Next update
3 September 2026
Licence
OGL v3
Direction
↑ Rising

Statistics

Latest
-£1.0bn
Period high
£1.5bn
Period low
-£10bn
Period average
-£3.8bn