Exports of goods and services from the United Kingdom fell 1.8% to GBP 69.2 billion in September 2022, down from the previous month's record high of GBP 70.5 billion. Goods sales were down 4.7%, led by decreases in exports of machinery and transport equipment, as well as fuel, to the EU. Lower exports of mechanical machinery to Germany was the main contributor to reduced machinery and transport equipment exports. In addition, the fall in exports to non-EU countries was driven by a decline in sales of machinery and transport equipment and a fall in fuel exports. The fall in machinery and transport equipment was driven by reduced ship and aircraft exports to Qatar and Switzerland and mechanical machinery to the US. These decreases were partially offset by a rise in exports of material manufactures, led by increased exports of non-ferrous metals to the US, India and Hong Kong. Exports of services were little-changed at GBP 31.6 billion. source: Office for National Statistics
Exports in the United Kingdom averaged 27547.91 GBP Million from 1955 until 2022, reaching an all time high of 70471.00 GBP Million in August of 2022 and a record low of 962.00 GBP Million in June of 1955. This page provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Exports - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Exports in the United Kingdom is expected to be 62700.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Exports is projected to trend around 62600.00 GBP Million in 2023 and 61800.00 GBP Million in 2024, according to our econometric models.