Britain reported a £248.3bn trade deficit for goods in 2025, £30.5bn more than the previous year and the largest since the collection of comparable data began in 1997, according to figures published by the Office for National Statistics on Thursday.
By contrast, the UK exported £191.8bn more in services than it imported. That marked an increase of £16.4bn from the previous year and the largest on record.
Overall, in 2025, the volume of goods and services imports increased by £32bn, or 3.4 per cent, to £959.2bn. Exports increased by £17.9bn, or 2 per cent, to £902.8bn in the year. This means that the overall trade deficit widened by £14.1bn to £56bn last year.
UK trade deficit for goods hits record high in 2025
Comments
Post a Comment