UK Trade in Goods & Services & Current Account Balance 2017 to 2018
In 2018, the UK’s exports of goods and services totalled £629 billion and imports totalled £662 billion. The EU accounted for 45% of UK exports of goods and services and 53% of imports in 2017.
The current account, which includes investment income and transfers as well as trade, saw a deficit of £68 billion in 2017, compared with £103 billion in 2016. The current account deficit was 3.3% of GDP in 2017 compared with 5.2% in 2016.
The current account deficit was £26.5 billion in Q3 2018 (5.0% of GDP), up from £20.0 billion (3.8% of GDP) in Q2 2018.
Read Full News Story » UK Economic Indicators January 2019
