UK overseas trade in goods statistics: February 2024
This section is Statistical release
Find UK overseas trade statistics data detailing international trade in goods at product and summary level.
Summary of trade trends
In February 2024:
total goods exports were £34.1bn:
- down by £0.9bn (2.5%) compared with January 2024
- down by £0.5bn (1.3%) compared with February 2023
total goods imports were £47.2bn:
- down by £2.9bn (5.8%) compared with January 2024
- down by £5.4bn (10%) compared with February 2023
the UK was a net importer, with imports exceeding exports by £13.1bn, narrowing by £2.0bn on January 2024
EU and non-EU trade in goods
EU trade in goods
In February 2024:
EU exports were £14.8bn:
- up by £0.2bn (1.2%) compared with January 2024
- down by £1.0bn (6.1%) compared with February 2023
EU imports were £26.2bn:
- up by £0.6bn (2.4%) compared with January 2024
- down by £0.2bn (0.7%) compared with February 2023
for EU trade, the UK was a net importer, with imports exceeding exports by £11.4bn
Non-EU trade in goods
In February 2024:
Non-EU exports were £19.2bn:
- down by £1.1bn (5.2%) compared with January 2024
- up by £0.5bn (2.7%) compared with February 2023
Non-EU imports were £21.0bn:
- down by £3.5bn (14%) compared with January 2024
- down by £5.2bn (20%) compared with February 2023
for non-EU trade, the UK was a net importer, with imports exceeding exports by £1.8bn
Top trading partners
Top 5 trading partners by combined exports and imports value
|
Country |
Exports value |
Change since |
Imports |
Change |
|
USA |
4.5 |
10.8 |
4.9 |
-14.7 |
|
Germany |
2.5 |
-1.0 |
6.2 |
-0.7 |
|
China |
1.9 |
-18.8 |
4.2 |
-11.7 |
|
Netherlands |
2.0 |
-7.0 |
3.9 |
-0.4 |
|
France |
1.9 |
2.3 |
3.2 |
10.8 |
Exports: top 5 trading partners
|
Country |
Value (£ billion) |
Change since |
|
USA |
4.5 |
10.8 |
|
Germany |
2.5 |
-1.0 |
|
Switzerland |
2.3 |
-55.6 |
|
Netherlands |
2.0 |
-7.0 |
|
Ireland |
1.9 |
-4.6 |
Imports: top 5 trading partners
|
Country |
Value (£ billion) |
Change since |
|
Germany |
6.2 |
-0.7 |
|
USA |
4.9 |
-14.7 |
|
China |
4.2 |
-11.7 |
|
Netherlands |
3.9 |
-0.4 |
|
France |
3.2 |
10.8 |
Top traded commodities
Top 5 commodities by combined exports and imports value
|
Commodity |
Exports value |
Change since |
Imports |
Change since January 2024 (%) |
|
Mechanical appliances |
5.7 |
5.9 |
6.0 |
1.7 |
|
Motor vehicles |
3.7 |
21.4 |
6.0 |
7.3 |
|
Precious metals |
6.2 |
-24.7 |
3.0 |
-28.1 |
|
Mineral fuels |
2.1 |
-18.7 |
5.0 |
-18.4 |
|
Electronic equipment |
1.8 |
1.7 |
4.3 |
-8.8 |
Top 5 exported commodities
|
Commodity |
Value (£ billion) |
Change since |
|
Precious metals |
6.2 |
-24.7 |
|
Mechanical appliances |
5.7 |
5.9 |
|
Motor vehicles |
3.7 |
21.4 |
|
Mineral fuels |
2.1 |
-18.7 |
|
Electronic equipment |
1.8 |
1.7 |
Top 5 imported commodities
|
Commodity |
Value (£ billion) |
Change since |
|
Mechanical appliances |
6.0 |
1.7 |
|
Motor vehicles |
6.0 |
7.3 |
|
Mineral fuels |
5.0 |
-18.4 |
|
Electronic equipment |
4.3 |
-8.8 |
|
Precious metals |
3.0 |
-28.1 |
Full commentary
Visit GOV.UK for more details and analysis of February 2024 data.
Datasets
Access monthly data for combined EU and non-EU trade.
- UK overseas trade in goods February 2024: import data (XLSX, 34.3 KB)
- UK overseas trade in goods February 2024: export data (XLSX, 37.2 KB)
- Gold trade for February 2024 (XLSX, 53.9 KB)
- Top 20 traded goods by Chapter: February 2024 (XLSX, 36.2 KB)
- Top 20 traded goods by Standard International Trade Classification: February 2024 (XLSX, 36.3 KB)
- Top 25 trading partners: February 2024 (XLSX, 36.4 KB)
Earlier data
Find earlier overseas trade statistics.
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