Exports from the UK rose 1.2 percent from the previous month to GBP 50.22 billion in July of 2020, following an 11.3 percent rise in the previous month. Services exports advanced 3.5 percent while goods sales edged down 0.9 percent. Within goods, shipments dropped for chemicals (-12 percent) and material manufacturers (-3 percent) while those of fuels (12.9 percent), machinery & transport equipment (6.9 percent) and miscellaneous manufacturers (23.7 percent) increased. Goods sales were up to EU countries (1.1 percent) but fell to non-EU countries (-2.6 percent).
Exports in the United Kingdom averaged 25774.21 GBP Million from 1955 until 2020, reaching an all time high of 62958 GBP Million in December of 2019 and a record low of 962 GBP Million in June of 1955. This page provides - United Kingdom Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Office for National Statistics
Exports in the United Kingdom is expected to be 48450.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in the United Kingdom to stand at 51440.00 in 12 months time. In the long-term, the United Kingdom Exports is projected to trend around 52700.00 GBP Million in 2021 and 54700.00 GBP Million in 2022, according to our econometric models.