Trade: Statistics
(asked on 21st February 2018) - View Source
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment his Department has made of recent trends in UK Trade Statistics; and if he will make a statement.
This question was answered on 1st March 2018
In 2017, compared with 2016, UK exports of goods and services increased by 11.3% in nominal terms, faster than imports (up 9.3%). As a result the trade deficit narrowed by £7.0bn, to £33.7bn.
Data on trade are available from the ONS at:
https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/previousReleases