Imports of goods and services to the UK plunged 7.8 percent from a month earlier to GBP 55.80 billion in November 2019, the lowest level since February 2018, following a 0.8 percent increase in October. Goods purchases tumbled 11.6 percent to a near two-year low due to purchases of food & live animals (-10.5 percent), fuels (-9.2 percent), chemicals (-24.2 percent), material manufactures (-8.3 percent), machinery & transport equipment (-10.1 percent), and miscellaneous manufactures (-10.1 percent). Meanwhile, services imports advanced 1.5 percent. Imports from the EU slumped 12.8 percent led by Germany (-10.6 percent), the Netherlands (-19.1 percent) and France (-14.1 percent). In addition, purchases from countries outside the EU declined 10.2 percent, due to falling shipments from China (-18.6 percent), the US (-11.1 percent), Japan (-4.8 percent) and Turkey (-17.1 percent).
Imports in the United Kingdom averaged 26586.12 GBP Million from 1955 until 2019, reaching an all time high of 65001 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. source: Office for National Statistics
Imports in the United Kingdom is expected to be 68200.00 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 67800.00 in 12 months time. In the long-term, the United Kingdom Imports is projected to trend around 64500.00 GBP Million in 2020, according to our econometric models.