UK Trade Gap More Than Doubles as Exports Collapse

UK's trade deficit widens to $27.7B in February

British exports down 1.5% month-on-month, while imports rise 4.7%

UK Trade Gap More Than Doubles as Exports Collapse

HMRC figures out today show UK goods exports fell 21.6% year-on-year in February, dragging the trade deficit to £31 billion. More than double the £14.2

Exports Remain Flat As Economy Grows - British Chambers of Commerce

Commenting on the latest trade data released by the Office for National Statistics, William Bain, Head of Trade Policy at the British Chambers of Commerce, said:  “February was a weak month for UK exports, even before the outbreak of conflict in the Middle East. The one high point was increased goods sales to the US, but this was offset by falls in goods exports to the EU and the rest of the world. Services exports also experienced subdued volum…

Trade Deficit Narrows but Imbalances Remain: What the UK's February 2026 Trade Data Tells Us

The latest UK trade figures from the Office for National Statistics for February 2026 provide a cautiously encouraging picture of the country's external position.   But one that still highlights deep structural imbalances in how the UK trades with the world.