Overseas Trade Statistics
Date: 10 February 2017
Coverage: United Kingdom
Theme: Business & Energy
In December 2016 the value of exports (EU and Non-EU) increased to £31.4 billion, while imports (EU and Non-EU) decreased to £37.9 billion, compared with last month. Consequently the UK is a net importer this month, with imports exceeding exports by £6.6 billion.
- Total trade exports for December 2016 were £31.4 billion. This was an increase of £2.4 billion (8.4 per cent) compared with last month, and an increase of £4.3 billion (16 per cent) compared with December 2015.
- Total trade imports for December 2016 were £37.9 billion. This was a decrease of £4.5 billion (11 per cent) compared with last month, but an increase of £6.9 billion (22 per cent) compared with December 2015.
- The UK was a net importer this month, with imports exceeding exports by £6.6 billion.
- A breakdown of Gold trade for December 2016 is available here.
Further analysis is available from the tabs at the top of this release, while the full monthly commentary and aggregate data tables can be downloaded below.
|Overseas Trade Statistics(Import)||Combined||Dec 2016||10 Feb 2017||View Release|
|Overseas Trade Statistics(Export)||Combined||Dec 2016||10 Feb 2017||View Release|
|Overseas Trade Statistics(Commentary)||Combined||Dec 2016||10 Feb 2017||View Release|
Date of Next Release: 10 March 2017
If using specific facts contained in this release please check the information is still current as it is subject to revision on a monthly basis (see below).
Although care is taken when processing and analysing the business returns that make up the OTS, the detail collected is subject to the inaccuracies inherent in any large-scale recording system. While the data published have been checked as far as is practicable, they should be regarded as approximate and not necessarily accurate to the last whole number shown in the tables. They are fit to be used for purposes such as trend analysis and for comparing the relative magnitude of components.
between OTS data, the UK Balance of Payments and Eurostat’s publication of EU international trade is explained in the User Support area
, which also links to other trade-in-goods data and customer information, including The User Story'
a presentation on how OTS data is used.
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