Imports of goods and services to the UK fell 9.3 percent to GBP 56.21 billion in April 2019, the largest monthly decline on record, as purchases slumped for goods (-12.7 percent) while they increased for services (0.9 percent). Within goods commodities, imports went down primarily for machinery & transport equipment (-9.6 percent); miscellaneous manufactures (-7.4 percent), unspecified goods (-40.8 percent); chemicals (-30.3 percent); fuels (-4.4 percent) and beverages & tobacco (-15.7 percent). Among major trading partners, imports of goods from the EU tumbled 16.4 percent, primarily Germany (-12.3 percent), the Netherlands (-27.2 percent), France (-24.3 percent), Italy (-9.1 percent), Belgium (-8.4 percent) and Spain (-16.2 percent). Meantime, purchases from non-EU countries shrank 8.5 percent, mostly the US (-13.2 percent), China (-1.2 percent), Switzerland (-4.1 percent), Australia (-41 percent) and India (-4.1 percent). Imports in the United Kingdom averaged 25833.64 GBP Million from 1955 until 2019, reaching an all time high of 62009 GBP Million in March of 2019 and a record low of 1031 GBP Million in June of 1955.
Imports in the United Kingdom is expected to be 57800.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in the United Kingdom to stand at 59200.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 60500.00 GBP Million in 2020, according to our econometric models.