UK Trade Gap Largest in 4 Months

The UK trade deficit widened to £5.01 billion in June 2025, up from a downwardly revised £4.55 billion in April, marking the largest deficit since February. The widening gap was driven by exports falling faster than imports. Exports dropped 2.6% month-over-month to a six-month low of £74.76 billion, while imports declined 1.9% to a five-month low of £79.78 billion. Goods exports fell 6.3%, weighed down by a 3.0% decline in shipments to the EU, primarily due to a £0.5 billion drop in exports of machinery and transport equipment to Germany. Exports to non-EU countries fell 9.6%, largely due to a decline in machinery and transport equipment exports, particularly reduced car exports to the United States. On the import side, goods imports fell 3.5% to £50.89 billion, also a five-month low. The decline was mainly driven by lower imports of office machinery from the Netherlands and cars from Germany.