UK Goods Trade Gap Expands to £62.5 Billion in Three Months to April

April data shows a £7.6 billion widening in the UK trade deficit, driven by higher EU imports and lower non-EU shipments. The UK’s trade in goods deficit widened by £7.6 billion to £62.5 billion in the three months ending April 2026. The increase was fueled by a £0.8 billi

April data shows a £7.6 billion widening in the UK trade deficit, driven by higher EU imports and lower non-EU shipments.

The UK’s trade in goods deficit widened by £7.6 billion to £62.5 billion in the three months ending April 2026. The increase was fueled by a £0.8 billion rise in imports, up 1.5% month-over-month, primarily from the European Union.

Imports from non-EU countries declined, partially offsetting the overall increase. The deficit expansion follows a period of elevated trade volatility, reflecting shifting global supply chains and regional demand trends.

No immediate market reaction was reported in the data release.

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