UK trade deficit widens to £13.2 billion in three months to May

Published 11/07/2025, 08:22
UK trade deficit widens to £13.2 billion in three months to May

Investing.com -- The UK’s total goods and services trade deficit expanded by £6.7 billion in the three months to May, reaching £13.2 billion, according to data from the Office for National Statistics (ONS).

In May, UK exports to the United States increased by £300 million, recovering from a significant decline in April that occurred during a period of tariff disruption.

The ONS attributed this export growth to an increase in chemical shipments.

At the same time, imports from the US decreased by £900 million in May.

This reduction was primarily due to lower imports of oil and gas, as well as ships and aircraft.

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