Latest data released by ONS - 13 January 2020
- Prior -£14.5 billion; revised to -£10.9 billion
- Non-EU trade balance +£1.7 billion vs -£3.5 billion expected
- Prior -£5.7 billion; revised to -£2.6 billion
The headline trade deficit falls to its smallest since June 2005 with exports rising by 2.2% on the month while imports fell by a whopping 11.6% on the month. The latter is largely due to Brexit stockpiling seen in October (previously a Brexit deadline date).
As such, that sort of explains the massive skew in the trade figures we're seeing here.