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Release: UK Trade, February 2012

Released: 12 April 2012 Next edition: 15 May 2012

Contact

Marilyn Thomas

Balance of Payments

trade.in.goods@ons.gsi.gov.uk

Telephone: +44 (0)1633 455708

Categories: Economy, National Accounts, Balance of Payments

Frequency of release: Monthly

Language: English

Geographical coverage: UK

Geographical breakdown: UK and GB

  • Due to the introduction of new computing hardware, the UK Trade statistical bulletin originally scheduled for publication at 9.30am on 10 May 2012 will now be released on 15 May 2012. New computing hardware will be introduced in April, which will result in the required statistical operational systems being unavailable for a number of days. For this reason the UK Trade statistical bulletin will be delayed.

  • The UK’s deficit on seasonally adjusted trade in goods and services was £3.4 billion in February, compared with the deficit of £2.5 billion in January.

  • The deficit on seasonally adjusted trade in goods was £8.8 billion in February, compared with the deficit of £7.9 billion in January.

  • The surplus on seasonally adjusted trade in services was estimated at £5.4 billion in February, unchanged compared with January.

  • Excluding oil and erratic items, the seasonally adjusted volume of exports was 5.3 per cent lower, and the volume of imports was 0.9 per cent lower in February, compared with January.

  • Export prices of goods rose by 1.5 per cent and import prices of goods rose by 0.7 per cent, compared with January.

Latest monthly statistics on trade in goods classified according to Standard International Trade Classification (SITC) as well as monthly estimates for total trade in services.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.