United Kingdom - Balance of Goods





United Kingdom: Balance of Goods

Mnemonic TRBG.IGBR
Unit Mil. GBP, SA
Adjustments Seasonally Adjusted
Monthly 19.38 %
Data Mar 2026 -27,218
Feb 2026 -22,799

Series Information

Source U.K. Office for National Statistics (ONS)
Release UK trade [foreign trade]
Frequency Monthly
Start Date 1/31/1997
End Date 3/31/2026

United Kingdom: Trade

Reference Last Previous Units Frequency
Balance of Goods Mar 2026 -27,218 -22,799 Mil. GBP, SA Monthly
Exports of Goods Mar 2026 32,350 32,308 Mil. GBP, SA Monthly
Imports of Goods Mar 2026 59,568 55,107 Mil. GBP, SA Monthly
Real Exports of Goods and Services 2026 Q1 228,358 228,102 Mil. Ch. 2023 GBP, SA Quarterly
Real Imports of Goods and Services 2026 Q1 246,717 245,131 Mil. Ch. 2023 GBP, SA Quarterly
Real Net Exports 2026 Q1 -18,359 -17,029 Mil. Ch. 2023 GBP, SA Quarterly
Current Account Balance 2025 Q4 -18,392 -10,689 Mil. GBP, SA Quarterly
Exports of Goods and Services 2025 Q4 233,723 233,887 Mil. GBP, SA Quarterly
Imports of Goods and Services 2025 Q4 245,884 239,722 Mil. GBP, SA Quarterly
Net Exports 2025 Q4 -12,161 -5,835 Mil. GBP, SA Quarterly

Release Information

For the U.K., external merchandise trade (imports and exports), detailed by commodity and country. In current prices, price indexes and volume indexes. Monthly, quarterly and annual.

Active:

  • Framework: ESA 2010
  • Classifications:
    • By product - HS at 6 digits
    • By commodity - SITC Rev. 3
    • By end use - BEC Rev. 3
    • By direction - ISO at 2 digits
  • Measurements:
    • Millions of British pounds at current prices (Mil. GBP)
    • Fixed-base volume index relative to 2016 (Index 2016=100)
    • Fixed-base price index relative to 2016 (Index 2016=100)
    • Exchange rates (NCU per GBP)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (SA)
  • Native frequencies:
    • Monthly
    • Quarterly
    • Annual
  • Start dates:
    • As early as 1963m1
    • As early as 1945Q1
    • As early as 1945

Inactive:

  • Beverages, tobacco - 1997 to 2023 (no archive specifier)

The release contains data showing the total value of trade in goods together with index numbers of volume and price, figures analyzed by broad commodity group (values and indices) and according to geographical area (values only). It also includes early monthly estimates of the value of trade in services. 

Valuation is on a Balance of Payments (BoP) basis. Series are seasonally adjusted unless otherwise specified. Trade in goods data are classified according to the Standard International Trade Classification (SITC).

Chain-linked indexes (chained volume measures, CVM) which are indexed to form the volume series differ from fixed-base indexes in that the growth from one year to the next is estimated by weighting the components using the contribution to value of trade in the immediately preceding year (effectively re-basing every year). This series of annually re-weighted annual growths is then "chain-linked" to produce a continuous series.

The implied price deflators derived by comparing current-price data to CVM data are not the same as the price indexes published in this dataset: the former are current-weighted while the latter are base-weighted.

"Erratic items" comprise aircraft, ships, silver and previous stones.

Further reading

At the source:

At IMF DSBB (SDDS Plus):

Copyright

Contains public sector information licensed under the Open Government Licence v1.0.

  • Sep 2005 - Initial version.
  • Jan 2015 - Framework advanced to ESA 2010.
  • Oct 2017 - Currency reference year advanced to 2015.
  • 20 Nov 2023, Phillip Thorne - Change in corpus.