Imports to the UK ticked up 0.1 percent from the previous month to a ten-month high of GBP 52.81 billion in December of 2020, following a downwardly revised 4.5 percent increase in the prior month. Purchases of goods dropped 0.2 percent while acquisitions of services advanced 0.9 percent. Within goods, purchases fell primarily for transport equipment (-1.5 percent); miscellaneous manufactures (-2.8 percent) and beverages & tobacco (-4.8 percent). Also, acquisitions of unspecified goods which include precious metals such as non-monetary gold, silver, platinum and palladium tumbled 49.4 percent. In contrast, imports advanced for fuels (27.9 percent); crude materials (11.3 percent); chemicals (5.8 percent) and material manufactures (0.8 percent). Imports of goods increased 2.7 percent from the EU while declined 3.4 percent from countries outside the EU. source: Office for National Statistics
Imports in the United Kingdom averaged 27202.34 GBP Million from 1955 until 2020, reaching an all time high of 64572 GBP Million in March of 2019 and a record low of 1031 GBP Million in June of 1955. This page provides - United Kingdom Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Imports - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Imports in the United Kingdom is expected to be 45900.00 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 51500.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 55500.00 GBP Million in 2022, according to our econometric models.