UK November visible trade balance -£16.0 billion vs -£11.4 billion

Author: Justin Low | Category: News

Latest data released by ONS - 15 January 2021

  • Prior -£12.0 billion
  • Non-EU trade balance -£8.0 billion vs -£3.6 billion
  • Prior -£4.5 billion
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Slight delay in the release by the source. The trade deficit widened in November as exports grew by 7.5% while imports jumped up by 11.9% on the month. On the latter, a lot of that owes to Brexit stockpiling ahead of the 31 December transition period deadline.

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