The Office for National Statistics has released the trade balance data for United Kingdom in January 2025.

The value of goods imports remained stable in January 2025, because a fall in imports from the EU was offset by a rise in imports from non-EU countries.

The value of goods exports rose by '1.8 billion (6.3%) in January 2025, because of a rise in exports to both EU and non-EU countries.

Exports of goods to the United States increased by '0.1 billion, the second consecutive monthly rise, while imports of goods from the United States fell by '0.1 billion.

Early estimates suggest that the value of services imports rose slightly by '0.1 billion (0.5%) in January 2025, and services exports were estimated to have increased by '0.8 billion (1.9%).

The total goods and services trade deficit widened by '0.5 billion to '5.7 billion in the three months to January 2025, because imports rose more than exports.

The trade in goods deficit widened by '0.4 billion to '55.6 billion in the three months to January 2025, while the trade in services surplus is estimated to have narrowed slightly by around '0.1 billion to '50.0 billion.

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