rprt.ing

One report from rprt.ing, which covers how the UK is doing in official statistics.

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Economy and public finances

Trade balance

For context
£39.4billion more imported than exported in 2025, a deficit of 1.3% of GDP

A £234.3bn deficit in goods, partly offset by a £194.8bn surplus in services. The last overall surplus was in 2020

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What it means: exports minus imports. The UK buys more goods from abroad than it sells, and sells more services, such as finance, insurance and consulting, than it buys. A deficit is not good or bad in itself: it is paid for by money flowing in from abroad, such as investment. Shown for context.

Source: ONS, balance of payments, series IKBJ, BOKI and IKBD.