Imports to the United Kingdom fell 3.5 percent from a month earlier to GBP 55.07 in March of 2020, the lowest since February of 2018 on the back of a 16.1 percent fall in services purchases. On the other hand, imports of goods went up 2.8 percent led by purchases of unspecified goods, which include precious metals (+97.6 percent), followed by chemicals (+10.5 percent). Imports of goods climbed 5.0 percent from countries outside the EU and those from the EU went up 0.6 percent.
Imports in the United Kingdom averaged 26857.48 GBP Million from 1955 until 2020, reaching an all time high of 65136 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 May of 2020. source: Office for National Statistics
Imports in the United Kingdom is expected to be 47400.00 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 48900.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 49500.00 GBP Million in 2021 and 52500.00 GBP Million in 2022, according to our econometric models.