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.
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.