Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks Bull Market Smoking Gun - 25th May 24
Congress Moves against Totalitarian Central Bank Digital Currency Schemes - 25th May 24
Government Tinkering With Prices Is Like Hiding All of the Street Signs - 25th May 24
Gold Mid Tier Mining Stocks Fundamentals - 25th May 24
Why US Interest Rates are a Nothing Burger - 24th May 24
Big Banks Are Pressuring The Fed To Losen Protection For Depositors - 24th May 24
Another Bank Failure: How to Tell if Your Bank is At Risk - 24th May 24
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

UK Trade Deficit Widens to £3.0 Billion

Economics / UK Economy Jun 11, 2009 - 09:16 PM GMT

By: ONS

Economics

Best Financial Markets Analysis ArticleThe UK’s deficit on trade in goods and services was £3.0 billion in April, compared with the deficit of £2.7 billion in March (originally published as a deficit of £2.5 billion).

The surplus on trade in services was £4.0 billion, compared with a surplus of £3.8 billion in March.




The deficit on trade in goods was £7.0 billion, compared with the deficit of £6.5 billion in March (originally published as a deficit of £6.6 billion). Exports rose by £0.1 billion, while imports rose by £0.7 billion.

The deficit with EU countries was £2.9 billion in April, compared with a deficit of £3.1 billion in March. Exports rose by £0.4 billion but imports rose by £0.1 billion. There was a rise in exports of chemicals.

The deficit with non-EU countries widened to £4.1 billion compared with the deficit of £3.4 billion in March. Exports fell by £0.3 billion and imports rose by £0.5 billion. There was a rise in exports of oil, offset by a fall in exports of capital goods. There were rises in imports of consumer goods other than cars, and aircraft. There was a fall in imports of oil.

Excluding oil and erratic items, the volumes of exports and imports were both three per cent higher in April than in March.

Export prices fell by two per cent compared with March, and import prices fell by one per cent.

Notes:
'Originally published' figures relate to routine revisions which are part of the normal compilation process for trade data.

Missing Trader Intra-community (MTIC) VAT fraud, also known as 'carousel fraud', involves the repeated import and export of small, high value goods such as computer chips and mobile phones. Companies obtain VAT registration to acquire goods from other Member States without paying VAT. They then sell on the goods at VAT inclusive prices. But the VAT that their customers have already paid is not handed over to the tax authorities.

By ONS

http://www.statistics.gov.uk

© 2009 Copyright ONS- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in