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GBP, Pound sterling

United Kingdom Trade Balance

Country: United Kingdom
Sector: Trade
Medium £-12.231 B £-12.353 B
£-11.677 B Revised from £-10.781 B
Last release Importance Actual Forecast
Previous
£-12.281 B
£-12.231 B
Next release Actual Forecast
Previous

Trade Balance is calculated as the difference in value between imported and exported goods and services. If the national exports exceed imports, a positive balance is formed. Otherwise there is a trade deficit.

The Trade Balance is a measure of the UK economic development. Import is an indication of domestic demand; export shows external demand. A positive trade balance can have a positive effect on British pound quotes, because exporters need to buy British currency in order to pay to manufacturers.

Chart

History

Export
Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2017
£-12.231 B
£-12.353 B
£-11.677 B Revised from £-10.781 B
Oct 2017
£-10.781 B
£-12.49 B
£-10.453 B Revised from £-11.253 B
Sep 2017
£-11.253 B
£-12.496 B
£-12.35 B Revised from £-14.245 B
Aug 2017
£-14.245 B
£-12.22 B
£-12.829 B Revised from £-11.576 B
Jul 2017
£-11.576 B
£-12.047 B
£-11.527 B Revised from £-12.722 B
Jun 2017
£-12.722 B
£-12.055 B
£-11.306 B Revised from £-11.863 B
May 2017
£-11.863 B
£-10.595 B Revised from £-10.38 B
Apr 2017
£-10.38 B
£-12.05 B Revised from £-13.441 B
Mar 2017
£-13.441 B
£-11.448 B Revised from £-12.46 B
Feb 2017
£-12.46 B
£-11.97 B Revised from £-10.833 B