Imports to the UK jumped 21.9 percent from the previous month to GBP 45.95 billion in June of 2020, the first rise after seven consecutive months of decline, as domestic demand improved after some easing in lockdown restrictions. Services purchases climbed 30 percent and goods imports went up 18.8 percent. Goods imports rose mostly for machinery & transport equipment (32 percent); fuels (29.5 percent); miscellaneous manufactures (21.3 percent) and material manufactures (23.3 percent). Imports of goods increased 5.8 percent from both the EU and countries outside the EU.
Imports in the United Kingdom averaged 26968.07 GBP Million from 1955 until 2020, reaching an all time high of 65381 GBP Million in March of 2019 and a record low of 1031 GBP Million in June of 1955. This page provides - United Kingdom Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Imports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Office for National Statistics
Imports in the United Kingdom is expected to be 47620.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in the United Kingdom to stand at 47200.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 51500.00 GBP Million in 2021 and 55500.00 GBP Million in 2022, according to our econometric models.