UK Trade with EU

(asked on 25th November 2014) - View Source

Question

To ask Her Majesty’s Government what was the total trade deficit or surplus with the European Union in goods and services between 2010 and 2013; and what is their estimate of any deficit in 2014 to date.


This question was answered on 2nd December 2014

UK’s trade deficit with the European Union was £28.5bn in 2010, £21.7bn in 2011, £39.5bn in 2012 and £56.2bn in 2013.

Currently, UK trade balance figures cover the period up to the second quarter of 2014. In the first half of 2014, UK’s trade deficit with the European Union was £25.5bn.

Source: ONS UK Economic Accounts 2014Q2

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