UK Trade with EU

(asked on 16th June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what the balance of trade between the UK and the rest of the EU was (a) overall, (b) in visible goods and (c) in invisible goods in each of the last five years.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 22nd June 2015

The Office for National Statistics report the total trade balance with the EU to have been -£28.5bn in 2010, -£21.7bn in 2011, -£39.5bn in 2012, -£57.3bn in 2013 and -£61.6bn in 2014.

The trade in goods balance with the EU was -£-43.4bn in 2010, -£40.4bn in 2011, -£56.5bn in 2012, -£69.1bn in 2013 and -£78.6bn in 2014.

The trade in services balance with the EU was £15.0bn in 2010, £18.7bn in 2011, £17.0bn in 2012, £11.8bn in 2013 and £15.4bn in 2014.

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