Balance of trade · United Kingdom

United Kingdom Balance of Trade

The United Kingdom Balance of Trade shows the difference between the value of goods (and sometimes services) that the United Kingdom sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
GBP · pound sterling
Banque centrale
The Bank of England
Influence
EURGBP · GBPAUD · GBPCAD · GBPCHF · GBPDKK · GBPJPY · GBPNOK · GBPNZD

Derniers chiffres

La dernière publication, pour AUG, est parue le 2026-10-15 et s’est établie à £-0.920B.

PubliéPourRéelConsensusPrécédent
15 Oct 2026AUG£-0.920B–£-2.322B ®
11 Sep 2026JUL£-3.450B–£-5.537B
13 Aug 2026JUN£-5.537B–£-3.464B ®
16 Jul 2026MAY£-1.044B–£-7.053B ®
12 Jun 2026APR£-8.435B–£-9.658B
14 May 2026MAR£-9.658B–£-5.339B ®
16 Apr 2026FEB£-0.720B–£3.018B ®
13 Mar 2026JAN£3.922B–£-4.340B
12 Feb 2026DEC£-4.340B–£-5.564B ®
15 Jan 2026NOV£-6.116B–£-6.531B ®
12 Dec 2025OCT£-4.824B–£-1.094B
13 Nov 2025SEP£-1.094B–£-1.276B ®

Voir dans le calendrier économique →

Pourquoi c’est important

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the pound sterling; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

Mode de calcul

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Ce que signifient les variations

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Supérieur aux attentes : A larger surplus (or smaller deficit) than expected tends to support the pound sterling.

Inférieur aux attentes : A smaller surplus (or larger deficit) than expected tends to weigh on the pound sterling.

Un bref historique

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Questions

What is the United Kingdom Balance of Trade?

The United Kingdom Balance of Trade shows the difference between the value of goods (and sometimes services) that the United Kingdom sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest United Kingdom Balance of Trade?

£-0.920B for AUG, published on 15 October 2026.

When is the next United Kingdom Balance of Trade?

On Thursday 12 November 2026 at 07:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.