Imports to the UK surged 12.9 percent from the previous month to GBP 53.3 billion in February of 2021, following a downwardly revised 13.1 percent fall in the prior month. Purchases of goods grew 17.4 percent while services imports advanced 0.6 percent. Within goods, imports increased mostly for chemicals (19.5 percent), of which medicinal and pharmaceutical products; miscellaneous manufactures (15.6 percent); material manufactures (12.9 percent), machinery & transport equipment (7.3 percent) and crude materials (18.6 percent). Also, acquisitions of unspecified goods which include precious metals such as non-monetary gold, silver, platinum and palladium jumped 119.1 percent. Goods imports were up to both EU countries (7.8 percent) and non-EU countries (25.6 percent). source: Office for National Statistics
Imports in the United Kingdom averaged 27303.46 GBP Million from 1955 until 2021, 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 May of 2021.
Imports in the United Kingdom is expected to be 47200.00 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 52600.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 55500.00 GBP Million in 2022 and 57100.00 GBP Million in 2023, according to our econometric models.