Overseas Trade

(asked on 21st December 2022) - View Source

Question to the Department for International Trade:

To ask His Majesty's Government what assessment they have made of the most recent UK trade figures published by the ONS on 12 October; and in particular, the decrease in imports and exports with non-EU countries.


Answered by
 Portrait
Lord Johnson of Lainston
Minister of State (Department for Business and Trade)
This question was answered on 12th January 2023

The latest UK trade figures were published by the Office for National Statistics (ONS) on 22 December 2022. These show that:

1) UK exports (goods and services) in the 12 months to end of September 2022 were £777.6bn, an increase of 24.1% in current prices compared to the previous 12 months, and up 11.9% once adjusted for inflation. Of this, UK exports to non-EU countries were £447.4bn, up 23.5% in current prices.

2) Over the same time period, UK imports were £859.6bn, an increase of 29.4% in current prices and up 11.2% once adjusted for inflation. Of this, UK imports from non-EU countries were £456.4bn, up 31.3% in current prices.

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