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Statistical Bulletin

UK Trade, November 2013


Coverage: UK
Date: 09 January 2014
Geographical Area: UK
Theme: Economy

Key Points

UK Trade shows the extent of import and export activity and is a key contributor to the overall
economic growth in the UK.

Seasonally adjusted, the UK's deficit on trade in goods and services was estimated to have been
3.2 billion in November 2013, compared with a deficit of 3.5 billion in October 2013.

There was a deficit of 9.4 billion on goods, partly offset by an estimated surplus of 6.2 billion
on services.

In November 2013, exports of goods to countries within the European Union (EU) increased by
0.6 billion to 12.8 billion. Over the same period imports from the EU increased by 0.5 billion to
19.2 billion, a record high.

The deficit on trade in goods increased by 1.8 billion to 29.2 billion in the three months to
November 2013 from 27.4 billion in the three months to August 2013. Exports of goods in the
three months to November 2013 decreased by 3.0% to 75.2 billion, but were 1.5% higher than
in the same three months in 2012. Imports of goods decreased by 0.6% in the three months to
November 2013 to stand at 104.4 billion, but were 2.2% higher than in the same three months
in 2012.

Key Figures

Office for National Statistics | 1

UK Trade, November 2013 | 09 January 2014

Table 1: Balance of UK Trade in Goods and Services, November 2013


billion
Balance of trade in goods
EU

Non-EU

Balance
of trade in
World
services

Total
trade
balance

2012

Nov

-4.8

-4.6

-9.4

6.5

-2.9

2013

Sep

-6.2

-3.9

-10.1

6.4

-3.7

Oct

-6.5

-3.1

-9.7

6.2

-3.5

Nov

-6.4

-3.0

-9.4

6.2

-3.2

Table source: Office for National Statistics

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Figure 1: Balance of UK Trade

Source: Office for National Statistics

Office for National Statistics | 2

UK Trade, November 2013 | 09 January 2014

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Figure 2: Balance of UK Trade in Goods

Source: Office for National Statistics


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Summary
The deficit of trade in goods and services for November 2013 was 3.2 billion, compared with a
deficit of 3.5 billion in the previous month.
The deficit on trade in goods was 9.4 billion in November 2013. The trade position reflects exports
minus imports. Exports of goods increased by 2.0% between October and November 2013 to 25.3
billion. Imports for the same period rose by 0.8% to 34.8 billion.

Office for National Statistics | 3

UK Trade, November 2013 | 09 January 2014

In November 2013, exports of goods to the European Union (EU) increased by 0.6 billion to
12.8 billion reflecting an increase in the export of chemicals of 0.4 billion. Imports from the EU
increased by 0.5 billion to 19.2 billion, a record high attributed mainly to cars.
In November 2013, exports of goods to countries outside of the EU decreased by 0.1 billion to
12.6 billion. Imports decreased by 0.2 billion to 15.6 billion.
Trade statistics for any one month can be erratic. For that reason, it is recommended to compare
the latest three months against the preceding three months and the same three months of 2012.
The deficit on trade in goods increased by 1.8 billion to 29.2 billion in the three months to
November 2013, when compared with the previous three months. Exports of goods in the three
months to November 2013 decreased by 3.0% to 75.2 billion, but were 1.5% higher when
compared with the same three months in 2012. Imports of goods decreased by 0.6% in the three
months to November 2013 to 104.4 billion, but were 2.2% higher when compared with the same
three months in 2012.
Exports to countries within the EU decreased by 5.2% to 37.5 billion in the three months to
November 2013 reflecting a fall in oil exports of 1.7 billion. Exports to countries outside the EU fell
by 0.7% to 37.7 billion in the same period. Imports from EU countries increased 2.8% in the three
months to November 2013 and were 7.2% higher than in the same three months in 2012. Imports
from countries outside of the EU decreased by 4.3% in the latest three months and were 3.1% lower
compared with the same three months in 2012.
In the three months to November 2013 exports to China increased 9.6% to 3.3 billion and imports
from China increased 1.7% to 8.6 billion, both record highs.
This bulletin also reports on trade in services. However, the information on trade in services is
mainly obtained from quarterly surveys, in some cases underpinned by larger annual surveys. That
means that the data for the latest months are inevitably uncertain.

Longer Term Perspective


The value of trade in goods has grown only slowly since the beginning of 2007. In that year and
into 2008, there was steady growth as the UK economy and those of our major trading partners
expanded. That expansion came to a sharp end during 2008 and, as these economies turned
downwards, so did the levels of trade. Growth was not resumed until mid-2009 and was steady
for the two years after that, but with the continuing difficulties in many economies, the value of both
exports and imports has remained flat since mid-2011.
In 2012, the deficit on trade in goods increased by 8.6 billion to 108.7 billion (annually). The
level of exports increased to a record 300.5 billion in 2012, up 0.7% from 298.4 billion in 2011.
However, the rise in exports was accompanied by an increase in imports to a record 409.2 billion
in 2012, up 2.7% from 398.5 billion in 2011. Despite these record levels of exports and imports,
annual growth has slowed considerably since 2010 and 2011, when growth was seen to accelerate
as part of the global recovery from the financial crisis in 2008 and 2009.

Office for National Statistics | 4

UK Trade, November 2013 | 09 January 2014

Value of UK Trade in Goods


In November 2013, the UK's deficit on trade in goods was 9.4 billion, 0.2 billion lower than in
October 2013.
Total exports increased by 0.5 billion (2.0%) to 25.3 billion and total imports increased by 0.3
billion (0.8%) to 34.8 billion. At the commodity level:
Table 2: Change in Key Commodity Value, November 2013 Compared with October 2013

Oil (see section on 'trade in


oil')
Cars
Consumer goods other than
cars
Intermediate
goods
Capital goods
Chemicals
Semi-manufactured goods other than chemicals
Precious stones

Exports
(m)

Imports
(m)

+170

-226

+4

+356

+40

+110

+126

+38

+1

-31

+179

+5

+56

-35

-212

Table source: Office for National Statistics


Table notes:
1. Monthly commodity movements for precious stones are only detailed where they equal or exceed 200m.

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In the three months ending November 2013, the deficit on trade in goods was 29.2 billion,
compared with a deficit of 27.4 billion in the preceding three months.
Total exports decreased by 2.4 billion (3.0%) to 75.2 billion and total imports decreased by 0.6
billion (0.6%) to 104.4 billion. At the commodity level:

Office for National Statistics | 5

UK Trade, November 2013 | 09 January 2014

Table 3: Change in Key Commodity Value, September 2013 - November 2013 Compared with
June 2013 - August 2013
Exports
(m)

Imports
(m)

Oil (see section on 'trade in


oil')

-943

-959

Cars

+357

+95

Consumer goods other than


cars

-388

-181

Intermediate
goods

-93

-128

Capital goods

-300

+639

Chemicals

+128

+190

Semi-manufactured goods other than chemicals

-372

-275

-598

Precious stones
Table source: Office for National Statistics

Table notes:
1. Three-monthly commodity movements for precious stones are only detailed where they equal or exceed 400m.

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Office for National Statistics | 6

UK Trade, November 2013 | 09 January 2014

Figure 3: Value of UK Trade in Goods

Source: Office for National Statistics


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Office for National Statistics | 7

UK Trade, November 2013 | 09 January 2014

Figure 4: Value of UK Trade in Goods Excluding Oil

Source: Office for National Statistics


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Trade in Goods - EU Analysis


In November 2013, the deficit on trade in goods with EU countries decreased by 0.1 billion to 6.4
billion.
Exports to the EU increased by 0.6 billion (4.8%) to 12.8 billion and imports from the EU
increased by 0.5 billion (2.4%) to 19.2 billion. At the commodity level:

Office for National Statistics | 8

UK Trade, November 2013 | 09 January 2014

Table 4: Change in Key Commodity Value (EU), November 2013 Compared with October 2013
Exports
(m)

Imports
(m)

+67

+76

Cars

+5

+359

Consumer goods other than


cars

+4

-28

Intermediate
goods

+4

-18

Capital goods

-20

-40

Chemicals

+379

+70

Semi-manufactured goods other than chemicals

+114

-15

Oil (see section on 'trade in


oil')

Table source: Office for National Statistics

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In the three months ending November 2013, the deficit on trade in goods with EU countries
increased by 3.6 billion to 19.2 billion, compared with the previous three months.
Exports to the EU decreased by 2.1 billion (5.2%) to 37.5 billion and imports from the EU
increased by 1.6 billion (2.8%) to 56.6 billion. At the commodity level:
Table 5: Change in Key Commodity Value (EU), September 2013 - November 2013 Compared
with June 2013 - August 2013
Exports
(m)

Imports
(m)

-1,733

+655

+2

+129

Consumer goods other than


cars

+18

-125

Intermediate
goods

-20

-122

Capital goods

-123

+631

Chemicals

+104

+141

+10

+86

Oil (see section 'trade in oil')


Cars

Semi-manufactured goods other than chemicals

Office for National Statistics | 9

UK Trade, November 2013 | 09 January 2014

Table source: Office for National Statistics

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Figure 5: Balance of Trade in Goods - EU Countries

Source: Office for National Statistics


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Trade in Goods - Non-EU Analysis


In November 2013, the deficit on trade in goods with non-EU countries decreased by 0.1 billion to
3.0 billion.
Exports to non-EU countries decreased by 0.1 billion (0.7%) to 12.6 billion and imports from nonEU countries decreased by 0.2 billion (1.1%) to 15.6 billion. At the commodity level:

Office for National Statistics | 10

UK Trade, November 2013 | 09 January 2014

Table 6: Change in Key Commodity Value (Non-EU), November 2013 Compared with October
2013
Exports
(m)

Imports
(m)

+103

-302

-1

-3

+36

+138

Intermediate
goods

+122

+56

Capital goods

+21

+9

-200

-65

-58

-20

Oil (see section on 'trade in


oil')
Cars
Consumer goods other than
cars

Chemicals
Semi-manufactured goods other than chemicals
Table source: Office for National Statistics

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In the three months ending November 2013, the deficit on trade in goods with non-EU countries
decreased by 1.9 billion to 10.0 billion, compared with the previous three months.
Exports to non-EU countries decreased by 0.3 billion (0.7%) to 37.7 billion and imports from nonEU countries decreased by 2.2 billion (4.3%) to 47.7 billion. At the commodity level:

Office for National Statistics | 11

UK Trade, November 2013 | 09 January 2014

Table 7: Change in Key Commodity Value (Non-EU), September 2013 - November 2013
Compared with June 2013 - August 2013
Exports
(m)

Imports
(m)

Oil (see section on 'trade in


oil')

+790

-1,614

Cars

+355

-34

Consumer goods other than


cars

-406

-56

Intermediate
goods

-73

-6

Capital goods

-177

+8

+24

+49

-382

-361

Chemicals
Semi-manufactured goods other than chemicals
Table source: Office for National Statistics

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Office for National Statistics | 12

UK Trade, November 2013 | 09 January 2014

Figure 6: Balance of Trade in Goods - Non-EU Countries

Source: Office for National Statistics


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Trade in Goods - One Month Geographical Analysis


November 2013 Compared with October 2013
Note: Monthly country movements are only detailed in this section where they are equal to or
exceed 0.1 billion.
Within EU countries, exports of goods to Italy increased by 0.2 billion and exports to France
increased by 0.1 billion. Among countries outside of the EU, exports to South Korea increased by
0.3 billion.
Within EU countries, imports of goods from Belgium & Luxembourg increased by 0.2 billion and
imports from Denmark, Spain, France and Germany all increased by 0.1 billion. Imports of goods
from the Irish Republic decreased by 0.1 billion. Among countries outside of the EU, imports from

Office for National Statistics | 13

UK Trade, November 2013 | 09 January 2014

South Korea increased by 0.1 billion. Imports from Russia decreased by 0.4 billion and imports
from Norway decreased by 0.3 billion.
Table 8: Change in Monthly Trade with Significant Partner Countries, November 2013
Compared with October 2013
Exports (m)
November
2013
Value

1-Month
Change

Imports (m)
November
2013
Value

1-Month
Change

USA

3,289

-13

Germany

4,948

+132

Germany

2,560

+82

Netherlands

3,105

+5

Netherlands

1,841

+39

China

2,914

+76

France

1,838

+135

USA

2,321

+90

Irish
Republic

1,659

+66

France

2,140

+139

Belgium/
Luxembourg

1,152

-44

Belgium/
Luxembourg

1,822

+174

China

1,070

Italy

1,302

-4

Italy

841

+182

Spain

1,195

+103

Spain

776

+63

Norway

1,062

-286

10

Sweden

474

-23

10

Irish
Republic

957

-101

Table source: Office for National Statistics


Table notes:
1. Significant trading partners defined as top 10 export markets & import sources 2012 (see attached table 14).
2. USA includes Puerto Rico.

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Office for National Statistics | 14

UK Trade, November 2013 | 09 January 2014

Figure 7: Significant Partner Countries, 1 Month Balances, November 2013

Source: Office for National Statistics


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Trade in Goods - Three Monthly Geographical Analysis


Three months Ending November 2013 Compared with Three Months Ending August 2013
Note: Three-monthly country movements are only detailed in this section where they are equal to or
exceed 0.3 billion.
Within EU countries, exports of goods to the Netherlands decreased by 1.3 billion. Among
countries outside of the EU, exports to South Korea increased by 0.7 billion. Exports to India
decreased by 0.5 billion.
Within EU countries, imports of goods from the Netherlands increased by 0.9 billion. Among
countries outside of the EU, imports from Russia increased by 0.7 billion. Imports from Norway
decreased by 0.9 billion, from Nigeria by 0.6 billion, from the USA by 0.5 billion, and from Saudi
Arabia by 0.3 billion.

Office for National Statistics | 15

UK Trade, November 2013 | 09 January 2014

Table 9: Change in Three Monthly Trade with Significant Partner Countries, September 2013 November 2013 Compared with June 2013 - August 2013
Exports
(m)

Imports
(m)

November
2013
Value

ThreeMonthly
change

November Three2013 Monthly


Value change

USA

10,065

-136

Germany 14,465

-152

Germany 7,469

-41

Netherlands9,413

+930

Netherlands5,642

-1,315

China

8,627

+147

France

5,290

-174

USA

6,767

-494

Irish
Republic

4,805

+67

France

6,208

-34

Belgium/ 3,600
Luxembourg

-154

Belgium/ 5,262
Luxembourg

+212

China

3,287

+289

Italy

3,901

+21

Italy

2,240

+119

Norway

3,654

-924

Spain

2,201

-127

Spain

3,341

+218

10

Sweden

1,463

-43

10

Irish
Republic

3,005

-19

Table source: Office for National Statistics


Table notes:
1. Significant trading partners defined as top 10 export markets & import sources 2012 (see attached table 14).
2. USA includes Puerto Rico.

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Office for National Statistics | 16

UK Trade, November 2013 | 09 January 2014

Figure 8: Significant Partner Countries, Three Montly Balances, September 2013 - November
2013

Source: Office for National Statistics


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Volume of Total Trade in Goods, Excluding Oil and Erratics


Between October and November 2013, the total volume of exports increased by 3.1% and the total
volume of imports increased by 1.4%. At the commodity level:

Office for National Statistics | 17

UK Trade, November 2013 | 09 January 2014

Table 10: Change in Key Commodity Volume, November 2013 Compared with October 2013
Exports %
Change

Imports %
Change

+2.9

0.0

+14.8

-0.9

+2.9

+1.0

Chemicals

+4.0

0.0

Semi-manufactured goods other than chemicals

+6.5

+1.0

+1.7

+1.8

Cars

+0.7

+11.6

Consumer goods other than cars

+1.8

+1.9

Intermediate goods

+3.5

+0.9

Capital goods

+1.9

0.0

Food, beverages and tobacco


Basic materials
Semi-manufactured goods; of which

Finished manufactured goods; of which

Table source: Office for National Statistics

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In the three months ending November 2013, the volume of exports is unchanged and the volume of
imports increased by 1.8% when compared with the previous three months. At the commodity level:

Office for National Statistics | 18

UK Trade, November 2013 | 09 January 2014

Table 11: Change in Key Commodity Volume, September 2013 - November 2013 Compared
with June 2013 - August 2013
Exports %
Change

Imports %
Change

Food, beverages and tobacco

-1.2

0.0

Basic materials

+1.1

-1.7

0.0

+1.0

Chemicals

+2.4

+1.9

Semi-manufactured goods other than chemicals

+2.1

+4.5

-1.4

+3.1

Cars

+7.4

+4.3

Consumer goods other than cars

-5.3

-0.3

Intermediate goods

+0.3

+0.3

Capital goods

-4.4

+5.9

Semi-manufactured goods; of which

Finished manufactured goods; of which

Table source: Office for National Statistics

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Office for National Statistics | 19

UK Trade, November 2013 | 09 January 2014

Figure 9: Volume of Exports of Goods (Finished Manufactures), September 2013 - November


2013 Compared with June 2013 - August 2013

Source: Office for National Statistics


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Office for National Statistics | 20

UK Trade, November 2013 | 09 January 2014

Figure 10: Volume of Imports of Goods (Finished Manufactures), September 2013 - November
2013 Compared with June 2013 - August 2013

Source: Office for National Statistics


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Export and Import Prices for Trade in Goods (Not Seasonally Adjusted)
In November 2013, compared with October 2013, export prices decreased by 0.8% and import
prices decreased by 0.6%. Excluding the oil price effect, export prices decreased by 0.5% and
import prices decreased by 0.3% when compared with October 2013.
In the three months ending November 2013, export prices decreased by 1.8% and import
prices decreased by 1.3%. Excluding the oil price effect, export prices decreased by 1.9% and
import prices decreased by 1.3%.

Office for National Statistics | 21

UK Trade, November 2013 | 09 January 2014

Trade in Oil
In November 2013, the balance on trade in oil was in deficit by 0.9 billion, compared with a deficit
of 1.3 billion in October 2013. Oil exports increased by 0.2 billion to 2.9 billion and oil imports
decreased by 0.2 billion to 3.8 billion.
In the three months ending November 2013, the balance on trade in oil was in deficit by 3.1 billion,
unchanged when compared to the previous three months. Oil exports decreased by 0.9 billion to
8.7 billion and oil imports decreased by 1.0 billion to 11.9 billion.
Figure 11: Balance of Trade in Oil

Source: Office for National Statistics


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Trade in Services
In November 2013, the UK's estimated surplus on trade in services was 6.2 billion.
Exports in November 2013 were estimated to have been 16.1 billion and imports 9.9 billion.

Office for National Statistics | 22

UK Trade, November 2013 | 09 January 2014

In the three months ending November 2013, the estimated surplus on trade in services was 18.7
billion.
Total exports were 48.5 billion and total imports were 29.8 billion.
Figure 12: Value of UK Trade in Services

Source: Office for National Statistics


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Records sheet
The UK Trade record information for November 2013 can be accessed at the UK Trade Records
Sheet, November 2013 (35.5 Kb Excel sheet).

Background notes
1.

What's New?
EU Expansion

Office for National Statistics | 23

UK Trade, November 2013 | 09 January 2014

Croatia became a member of the European Union on 1st July 2013. As a result, the EU specific
aggregates included within this release now include trade with Croatia and subsequently, trade
with Croatia has been removed from any non-EU aggregates.
Revisions
In this release, periods from January 2012 are open for revision.
2.

Missing Trader Intra-Community (MTIC) Fraud


Users should also be aware that for some data prior to April 2012, the monthly data does not
sum precisely to the quarters for the MTIC series due to rounding.

3.

UK Trade designated as National Statistics


The United Kingdom Statistics Authority has designated these statistics as National Statistics, in
accordance with the Statistics and Registration Service Act 2007 and signifying compliance with
the Code of Practice for Official Statistics.
Designation can be broadly interpreted to mean that the statistics:

meet identified user needs;


are well explained and readily accessible;
are produced according to sound methods, and
are managed impartially and objectively in the public interest.

Once statistics have been designated as National Statistics it is a statutory requirement that the
Code of Practice shall continue to be observed.
4.

Special Events
An article outlining the ONS policy on special events is available on the ONS website.

5.

Code of Practice for Official Statistics


National Statistics are produced to high professional standards set out in the Code of Practice
for Official Statistics. They undergo regular quality assurance reviews to ensure that they meet
customer needs. They are produced free from any political interference. Crown copyright
2014.

6.

Short Guide to UK Trade


Ever since statistics on exports and imports of goods were first collected in 1697 UK trade has
been one of the countrys key economic indicators.
All information included in the monthly UK Trade statistical bulletin is on a Balance of Payments
(BoP) basis and is seasonally adjusted unless otherwise specified. The release contains tables

Office for National Statistics | 24

UK Trade, November 2013 | 09 January 2014

showing the total value of trade in goods together with index numbers of volume and price,
figures analysed by broad commodity group (values and indices) and according to geographical
area (values only). In addition the Trade statistical bulletin also includes early monthly estimates
of the value of trade in services.
Data appearing in the UK Trade statistical bulletin are also used as a direct input into the
quarterly Balance of Payments and National Accounts.
Interpreting the data
Monthly commodity movements for food, beverages & tobacco, basic materials, fuels other
than oil and erratics (ships, aircraft, precious stones, and silver) are only detailed in this
statistical bulletin where they are equal to or exceed 200 million (400 million for three monthly
comparisons).
Monthly country movements are only detailed in this statistical bulletin where they are equal to
or exceed 0.1 billion (0.3 billion for three monthly comparisons).
In months where quarterly and three monthly ending percentage changes for index data
coincide there may be small differences between the data for methodological reasons. Quarterly
data are the indexed form of an underlying constant price (for volume indices) or consistent
quantity (for price indices) series. Three month ending data are the average of the index data in
that period.
VAT Missing Trader Intra Community (MTIC) fraud
Import figures for trade in goods include adjustments to allow for the impact of VAT MTIC fraud.
The adjustments to trade in goods relate only to part of the carousel version of VAT MTIC fraud.
This fraud leads to under recording of imports as fraudsters import goods from the EU, which
they then sell on before disappearing without paying VAT on that sale. The goods are eventually
exported. Such exports are declared and are therefore already reflected in the UKs trade in
goods statistics.
Changes to the pattern of trading associated with MTIC fraud can make it difficult to analyse
trade by commodity group and by country as changes in the impact of activity associated with
this fraud affect both imports and exports. However, the MTIC trade adjustments are added to
the EU import estimates derived from Intrastat returns as it is this part of the trading chain that is
not generally recorded. In particular, adjustments affect trade in capital goods and intermediate
goods - these categories include mobile phones and computer components, which are still the
most widely affected goods.
International convention determines that the treatment of the impact is to adjust imports upwards
by the relevant amounts of missing declarations (non-response). However, users may wish to
interpret short term movements in imports excluding that part of the fraudulent activity that is not
included in the import estimates, and for this purpose an analysis of the import figures with the
VAT MTIC adjustments excluded is shown in Table 13.

Office for National Statistics | 25

UK Trade, November 2013 | 09 January 2014

Definitions and explanations


A glossary of terms is published in the UK Balance of Payments - The Pink Book, 2013.
Use of the data
UK Trade is a key economic indicator due to the importance of international trade to the UK
economy. It is also a very timely statistic, providing an early indicator of what is happening more
generally in the economy.
In addition, it is a major component of two other key economic statistics UK gross domestic
product (GDP) and the UK Balance of Payments. This means that there is a threefold potential
for UK Trade statistics to inform the Governments view of the UK economy, as well as the
views of others, such as economists, City analysts, academics, the media and international
organisations.
Notes on tables
Rounding:
The sum of constituent items in tables do not always agree exactly with the totals shown due to
rounding.
Symbols:

7.

..

Not applicable

Nil or less than half the final digit shown.

Methods
Composition of the data
Detailed methodological notes are published in the UK Balance of Payments - The Pink Book,
2013.
Seasonal adjustment
Seasonal adjustment aims to remove effects associated with the time of the year or the
arrangement of the calendar so that movements within a time series may be more easily
interpreted.
Deflation
It is common for the value of a group of financial transactions to be measured in several time
periods. The values measured will include both the change in the volume sold and the effect of
the change of prices over that year. Deflation is the process whereby the effect of price change
is removed from a set of values.

Office for National Statistics | 26

UK Trade, November 2013 | 09 January 2014

Chain-linked indices (chained volume measures) which are indexed to form the volume
series in this bulletin differ from fixed base indices in that the growth from one year to the
next is estimated by weighting the components using the contribution to value of trade in
the immediately preceding year (effectively re-basing every year). This series of annually reweighted annual growths is then chain-linked to produce a continuous series.
The implied price deflators derived by comparing current price data to chained volume
measures data are not the same as the price indices published in this statistical bulletin because
the former are current weighted while the latter are base (2010) weighted.
Changes in trade associated with VAT MTIC fraud mean that comparisons of volume and prices
(both including and excluding trade associated with VAT MTIC fraud) should be treated with a
great deal of caution.
A paper (384.4 Kb Pdf), Statistics on Trade in Goods (GSS Methodological Series No. 36)
describing the adjustments that need to be applied to conform to IMF definitions for Balance of
Payments and the division of responsibility between ONS and HMRC is available on the ONS
website.
The Overseas Trade Statistics (OTS) data used as inputs to this statistical bulletin are
collected and published by Her Majestys Revenue and Customs (HMRC) on an International
Merchandise Trade Statistics (IMTS) basis.
8.

Quality
Basic quality information
Accuracy: Trade in goods figures for the most recent months are provisional and subject to
revision in the light of (a) late trader data, revisions to trade prices and revised estimates of
trading associated with VAT MTIC fraud, and (b) revisions to seasonal adjustment factors which
are re-estimated every month.
Trade in services estimates have been derived from a number of monthly and quarterly sources.
For components where no monthly data are available, estimates have been derived on the basis
of recent trends. The results should be used with appropriate caution, as they are therefore
likely to be less reliable than those for trade in goods.
Reliability: Revisions to data provide one indication of the reliability of key indicators. The table
below shows summary information on the size and direction of the revisions which have been
made to the data covering a five year period. A statistical test has been applied to the average
revision to find out if it is statistically significantly different from zero. An asterisk (*) shows that
the test is significant. An article explaining the past revisions performance for UK Trade statistics
and what is being done to improve the first published estimates was published on 9 May 2005
on the ONS website.

Office for National Statistics | 27

UK Trade, November 2013 | 09 January 2014

Table 12: Revisions Analysis, UK Trade, November 2013


million
Revisions between first publication and
estimates twelve months later
Value in latest
period

Average over
the last 5 years
(mean revision)

Average over
the last 5 years
without regard
to sign (average
absolute
revision)

Total trade exports


(IKBH)

41,470

826

1,063

Total trade imports


(IKBI)

44,708

322

631

Total trade
balance (IKBJ)

-3,238

511*

674

Download table
XLS format
(30 Kb)
The table covers estimates of UK trade first published from January 2009 (for November 2008)
to December 2012 (for October 2012). Revisions spreadsheets giving these estimates and the
calculations behind the averages in the table is available on the ONS website.
An article (2.33 Mb Pdf) analysing past revisions to quarterly balance of payments current
account data was published in the May 2007 edition of Economic & Labour Market Review. It is
available on the ONS website.
More information about revisions material in this statistical bulletin can be found on the ONS
website.
9.

The coverage of EMU countries was extended to cover Cyprus and Malta from July 2008,
Slovakia from January 2009 and Estonia from January 2011. Some EU and non-EU breakdowns
of commodity data for chained volume measures which are available on request may be less
reliable than the current price data. Please consult Katherine Kent on 01633 455829 if you are
considering using them.
Data have been combined for the United States & Puerto Rico and for Dubai, Abu Dhabi &
Sharjah (the United Arab Emirates) from January 2009 onwards. Estimates are separately
available for the United States and Dubai up until the end of 2008 on request.

Office for National Statistics | 28

UK Trade, November 2013 | 09 January 2014

10. Summary quality report


A Summary Quality Report (283.9 Kb Pdf) for this statistical bulletin and associated data can be
found on the ONS website.
11. National Accounts revisions policy
National Accounts revision policy (41.6 Kb Pdf) can be found on the ONS website.
12. Revisions
Revisions Table 17R shows revisions to the main aggregates since the last Trade Statistical
Bulletin of 10 December 2013. The revisions to trade in goods from October 2013 reflect revised
data from Her Majestys Revenue and Customs and other data suppliers, revised estimates of
trading associated with VAT MTIC fraud, later survey data on trade prices and a re-assessment
of seasonal factors.
The revisions to trade in services from January 2012 are due to updated survey information from
the ONS International Trade in Services survey. With revisions also from the Bank of England
and other survey and administrative sources and a reassessment of seasonal factors.
13. Publication policy
A list of the organisations given pre-publication access to the contents of this bulletin can be
found on the ONS website.
14. Accessing data
Supplementary quarterly data analysed by industry according to the Classification of Product by
Activity 08 (UK Trade in Goods Analysed in Terms of Industries) are also available.
The complete run of data in the tables of this statistical bulletin are also available to view and
download in other electronic formats free of charge using the ONS Time Series Data website
service. Users can download the complete statistical bulletin in a choice of zipped formats, or
view and download their own selections of individual series.
15. Follow ONS on Twitter and receive up to date information about our statistical releases.
16. Like ONS on Facebook to receive our updates in your newsfeed and to post comments on our
page.
17. Watch our videos at YouTube.
18. Next publication: 7 February 2014
Issued by: Office for National Statistics, Government Buildings, Cardiff Road, Newport NP10
8XG

Office for National Statistics | 29

UK Trade, November 2013 | 09 January 2014

Contact us:
Tel 0845 601 3034
Email info@ons.gsi.gov.uk
ONS Homepage
19. Details of the policy governing the release of new data are available by visiting
www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media
Relations Office email: media.relations@ons.gsi.gov.uk
These National Statistics are produced to high professional standards and released according to
the arrangements approved by the UK Statistics Authority.

Copyright
Crown copyright 2014
You may use or re-use this information (not including logos) free of charge in any format
or medium, under the terms of the Open Government Licence. To view this licence, visit
www.nationalarchives.gov.uk/doc/open-government-licence/ or write to the Information Policy Team,
The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gsi.gov.uk.
This document is also available on our website at www.ons.gov.uk.

Statistical contacts
Name
Katherine Kent

Phone
Department
+44 (0)1633 455829 UK Trade/Trade
and Transfers

Email
trade.in.goods@ons.gsi.gov.uk

Issuing Body:
Office for National Statistics
Media Contact Details:
Telephone: 0845 604 1858
(8.30am-5.30pm Weekdays)
Emergency out of hours (limited service): 07867 906553
Email:
media.relations@ons.gsi.gov.uk

Office for National Statistics | 30

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

VALUE OF UK TRADE IN GOODS AND SERVICES


Balance of Payments basis
million seasonally adjusted
Total trade

Trade in goods

Trade in goods
excluding oil

Oil

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Balance

Exports

Imports

Balance

2010
2011
2012

IKBH
447 269
492 884
494 298

IKBI
480 121
516 144
527 938

IKBJ
32 852
23 260
33 640

BOKG
265 243
298 421
300 457

BOKH
363 828
398 513
409 157

BOKI
98 585
100 092
108 700

ELBL
31 288
37 966
39 491

ENXO
36 010
49 461
54 495

ENXQ
4 722
11 495
15 004

ELBM
233 955
260 455
260 966

ENXP
327 818
349 052
354 662

BQKH
93 863
88 597
93 696

2012 Q1
Q2
Q3
Q4

123 594
121 981
125 354
123 369

132 322
131 906
131 828
131 882

8 728
9 925
6 474
8 513

76 214
73 799
75 699
74 745

102 417
101 904
101 964
102 872

26 203
28 105
26 265
28 127

10 106
10 313
10 063
9 009

13 608
13 434
13 541
13 912

3 502
3 121
3 478
4 903

66 108
63 486
65 636
65 736

88 809
88 470
88 423
88 960

22 701
24 984
22 787
23 224

2013 Q1
Q2
Q3

125 393
128 582
124 497

131 980
133 601
134 515

6 587
5 019
10 018

76 018
78 615
75 507

102 286
103 983
104 925

26 268
25 368
29 418

10 634
9 836
9 675

11 920
12 965
12 790

1 286
3 129
3 115

65 384
68 779
65 832

90 366
91 018
92 135

24 982
22 239
26 303

2013 Jun

43 578

44 942

1 364

26 995

35 111

8 116

3 086

3 981

895

23 909

31 130

7 221

Jul
Aug
Sep
Oct
Nov

41 706
41 583
41 208
40 965
41 470

44 773
44 795
44 947
44 461
44 708

3 067
3 212
3 739
3 496
3 238

25 266
25 267
24 974
24 854
25 344

34 928
34 924
35 073
34 505
34 783

9 662
9 657
10 099
9 651
9 439

3 509
3 097
3 069
2 755
2 925

4 376
4 460
3 954
4 065
3 839

867
1 363
885
1 310
914

21 757
22 170
21 905
22 099
22 419

30 552
30 464
31 119
30 440
30 944

8 795
8 294
9 214
8 341
8 525

2.0

0.8

6.2

5.6

1.4

1.7

Percentage change, latest month compared with:


Previous month
1.2
0.6
3 months ended:
2012 Nov

123 051

131 293

8 242

74 028

102 086

28 058

8 454

13 203

4 749

65 574

88 883

23 309

2013 Aug

126 867

134 510

7 643

77 528

104 963

27 435

9 692

12 817

3 125

67 836

92 146

24 310

2013 Nov

123 643

134 116

10 473

75 172

104 361

29 189

8 749

11 858

3 109

66 423

92 503

26 080

3.0

0.6

9.7

7.5

2.1

0.4

1.5

2.2

3.5

10.2

1.3

4.1

Percentage change, latest 3 months compared with:


Previous 3 months
2.5
0.3
Same 3 months last year

0.5

2.2

Trade in goods
excluding erratics

Erratics 1

Trade in goods
excluding oil and erratics

Trade in services

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Balance

Exports

Imports

Balance

BPAL
17 064
19 928
18 788

BQBB
22 004
17 091
20 825

BQKW
4 940
2 837
2 037

BPAO
248 179
278 493
281 669

BQBE
341 824
381 422
388 332

BPBM
93 645
102 929
106 663

BPBL
216 891
240 527
242 178

BQBG
305 814
331 961
333 837

BPAP
88 923
91 434
91 659

IKBB
182 026
194 463
193 841

IKBC
116 293
117 631
118 781

IKBD
65 733
76 832
75 060

2012 Q1
Q2
Q3
Q4

4 912
4 543
4 662
4 671

4 955
5 444
5 414
5 012

43
901
752
341

71 302
69 256
71 037
70 074

97 462
96 460
96 550
97 860

26 160
27 204
25 513
27 786

61 196
58 943
60 974
61 065

83 854
83 026
83 009
83 948

22 658
24 083
22 035
22 883

47 380
48 182
49 655
48 624

29 905
30 002
29 864
29 010

17 475
18 180
19 791
19 614

2013 Q1
Q2
Q3

4 476
5 657
4 659

5 096
4 899
4 983

620
758
324

71 542
72 958
70 848

97 190
99 084
99 942

25 648
26 126
29 094

60 908
63 122
61 173

85 270
86 119
87 152

24 362
22 997
25 979

49 375
49 967
48 990

29 694
29 618
29 590

19 681
20 349
19 400

2013 Jun

1 809

1 742

67

25 186

33 369

8 183

22 100

29 388

7 288

16 583

9 831

6 752

Jul
Aug
Sep
Oct
Nov

1 581
1 757
1 321
1 646
1 389

1 637
1 641
1 705
1 574
1 510

56
116
384
72
121

23 685
23 510
23 653
23 208
23 955

33 291
33 283
33 368
32 931
33 273

9 606
9 773
9 715
9 723
9 318

20 176
20 413
20 584
20 453
21 030

28 915
28 823
29 414
28 866
29 434

8 739
8 410
8 830
8 413
8 404

16 440
16 316
16 234
16 111
16 126

9 845
9 871
9 874
9 956
9 925

6 595
6 445
6 360
6 155
6 201

3.2

1.0

2.8

2.0

0.1

0.3

2010
2011
2012

Percentage change, latest month compared with:


Previous month
15.6
4.1
3 months ended:
2012 Nov

4 600

5 335

735

69 428

96 751

27 323

60 974

83 548

22 574

49 023

29 207

19 816

2013 Aug

5 147

5 020

127

72 381

99 943

27 562

62 689

87 126

24 437

49 339

29 547

19 792

2013 Nov

4 356

4 789

433

70 816

99 572

28 756

62 067

87 714

25 647

48 471

29 755

18 716

2.2

0.4

1.0

0.7

1.8

0.7

2.0

2.9

1.8

5.0

1.1

1.9

Percentage change, latest 3 months compared with:


Previous 3 months
15.4
4.6
Same 3 months last year

5.3

10.2

1 These are defined as ships, aircraft, precious stones and silver

Earliest date for revisions to trade in goods is October 2013. Earliest date for
revisions to trade in services is Januar y 2012.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

UK TRADE IN GOODS BY AREA


Balance of Payments basis
million seasonally adjusted
EMU members

Total EU (28)

Non-EU

Total

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Balance

Exports

Imports

Balance

QAKW
125 432
140 299
133 715

QAKX
159 231
171 171
175 421

QAKY
33 799
30 872
41 706

L87S
141 844
158 764
151 062

L87U
185 951
201 988
208 184

L87Q
44 107
43 224
57 122

L87M
123 399
139 657
149 395

L87O
177 877
196 525
200 973

L87K
54 478
56 868
51 578

BOKG
265 243
298 421
300 457

BOKH
363 828
398 513
409 157

BOKI
98 585
100 092
108 700

2011 Q2
Q3
Q4

35 777
35 235
35 529

42 054
43 594
43 474

6 277
8 359
7 945

40 398
39 703
40 009

49 584
51 597
51 317

9 186
11 894
11 308

33 643
34 194
37 007

48 931
50 114
50 513

15 288
15 920
13 506

74 041
73 897
77 016

98 515
101 711
101 830

24 474
27 814
24 814

2012 Q1
Q2
Q3
Q4

34 224
32 744
33 138
33 609

43 604
43 320
43 831
44 666

9 380
10 576
10 693
11 057

38 556
37 012
37 536
37 958

51 858
51 384
51 895
53 047

13 302
14 372
14 359
15 089

37 658
36 787
38 163
36 787

50 559
50 520
50 069
49 825

12 901
13 733
11 906
13 038

76 214
73 799
75 699
74 745

102 417
101 904
101 964
102 872

26 203
28 105
26 265
28 127

2013 Q1
Q2
Q3

33 973
34 228
34 383

45 412
46 007
47 445

11 439
11 779
13 062

38 590
38 719
39 087

53 613
53 674
55 486

15 023
14 955
16 399

37 428
39 896
36 420

48 673
50 309
49 439

11 245
10 413
13 019

76 018
78 615
75 507

102 286
103 983
104 925

26 268
25 368
29 418

2012 May
Jun

11 326
10 618

14 622
14 212

3 296
3 594

12 771
12 047

17 299
16 778

4 528
4 731

13 228
11 763

16 882
16 609

3 654
4 846

25 999
23 810

34 181
33 387

8 182
9 577

Jul
Aug
Sep
Oct
Nov
Dec

11 302
11 056
10 780
10 871
11 712
11 026

14 568
14 793
14 470
14 805
15 290
14 571

3 266
3 737
3 690
3 934
3 578
3 545

12 806
12 474
12 256
12 271
13 211
12 476

17 244
17 609
17 042
17 740
18 055
17 252

4 438
5 135
4 786
5 469
4 844
4 776

13 267
12 347
12 549
12 163
11 578
13 046

16 213
17 304
16 552
16 556
16 141
17 128

2 946
4 957
4 003
4 393
4 563
4 082

26 073
24 821
24 805
24 434
24 789
25 522

33 457
34 913
33 594
34 296
34 196
34 380

7 384
10 092
8 789
9 862
9 407
8 858

2013 Jan
Feb
Mar
Apr
May
Jun

11 043
11 558
11 372
11 112
11 602
11 514

14 565
14 912
15 935
15 054
15 204
15 749

3 522
3 354
4 563
3 942
3 602
4 235

12 667
13 022
12 901
12 571
13 154
12 994

17 305
17 672
18 636
17 548
17 787
18 339

4 638
4 650
5 735
4 977
4 633
5 345

12 391
11 894
13 143
13 177
12 718
14 001

15 844
16 180
16 649
16 665
16 872
16 772

3 453
4 286
3 506
3 488
4 154
2 771

25 058
24 916
26 044
25 748
25 872
26 995

33 149
33 852
35 285
34 213
34 659
35 111

8 091
8 936
9 241
8 465
8 787
8 116

Jul
Aug
Sep
Oct
Nov

12 012
11 336
11 035
10 757
11 293

15 752
15 665
16 028
15 997
16 369

3 740
4 329
4 993
5 240
5 076

13 616
12 927
12 544
12 171
12 750

18 476
18 259
18 751
18 708
19 166

4 860
5 332
6 207
6 537
6 416

11 650
12 340
12 430
12 683
12 594

16 452
16 665
16 322
15 797
15 617

4 802
4 325
3 892
3 114
3 023

25 266
25 267
24 974
24 854
25 344

34 928
34 924
35 073
34 505
34 783

9 662
9 657
10 099
9 651
9 439

4.8

2.4

0.7

1.1

2.0

0.8

2010
2011
2012

Percentage change on previous month:


2013 Nov
5.0

2.3

3 months ended:
2012 Nov

33 363

44 565

11 202

37 738

52 837

15 099

36 290

49 249

12 959

74 028

102 086

28 058

2013 Aug

34 862

47 166

12 304

39 537

55 074

15 537

37 991

49 889

11 898

77 528

104 963

27 435

2013 Nov

33 085

48 394

15 309

37 465

56 625

19 160

37 707

47 736

10 029

75 172

104 361

29 189

5.2

2.8

0.7

4.3

3.0

0.6

0.7

7.2

3.9

3.1

1.5

2.2

Percentage change, latest 3 months compared with:


Previous 3 months
5.1
2.6
Same 3 months last year

0.8

8.6

1 Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Irish


Republic, Italy, Luxembourg, Malta, Netherlands, Por tugal, Slovakia,
Slovenia, and Spain
2 EMU Members plus Czech Republic, Denmark, Hungar y, Latvia, Lithuania,
Poland, Sweden, Bulgaria, Romania and Croatia
3 Total less EU (28)

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

VOLUME AND PRICE INDICES (TRADE IN GOODS) 1


Balance of Payments basis
Indices 2010=100
Volume (seasonally adjusted)

Total

Expor ts Impor ts

Price index (not seasonally adjusted)

Total excluding oil

Total excluding oil


and erratics 2

Expor ts

Impor ts

Expor ts

Total

Impor ts Expor ts Impor ts

Total excluding oil


& erratics 2

Total excluding oil


Terms of
Terms of
trade 3 Expor ts Impor ts trade 3

Expor ts

Impor ts

BQKU
100.0
104.8
106.8

BQKV
100.0
100.7
104.2

BQKI
100.0
106.9
108.6

BQKJ
100.0
100.7
103.4

BOMA
100.0
106.4
108.7

ELAL
100.0
103.1
104.8

BQKR
100.0
108.2
107.3

BQKS
100.0
109.0
108.7

BQKT
100.0
99.3
98.7

BQKK
100.0
104.5
103.4

BQKL
100.0
106.1
105.6

BQKM
100.0
98.5
97.9

BQAK
100.0
104.6
103.5

ELBA
100.0
105.6
104.9

2011 Q2
Q3
Q4

103.3
102.6
107.3

99.3
100.9
102.0

104.4
105.3
110.1

99.6
100.7
101.3

103.9
104.5
109.4

101.9
103.2
103.4

109.3
109.1
109.0

109.2
110.9
110.3

100.1
98.5
98.8

105.0
105.4
105.2

105.7
108.0
107.3

99.3
97.6
98.0

105.0
105.4
105.3

105.5
107.2
106.4

2012 Q1
Q2
Q3
Q4

106.9
105.0
108.7
106.4

102.8
103.9
104.7
105.4

109.4
105.8
110.0
109.3

102.7
103.3
103.6
104.2

109.1
105.9
110.3
109.4

104.6
104.4
104.6
105.6

110.0
107.4
105.7
106.2

110.8
108.7
107.5
107.7

99.3
98.8
98.3
98.6

105.2
103.9
102.1
102.6

106.9
105.8
104.7
104.9

98.4
98.2
97.5
97.8

105.3
104.0
102.2
102.7

106.1
105.0
104.1
104.3

2013 Q1
Q2
Q3

106.1
111.5
106.0

102.7
105.8
107.1

107.4
113.3
107.8

103.8
105.5
107.4

107.9
112.0
108.0

105.5
107.3
109.4

109.5
108.0
108.5

110.7
109.1
109.2

98.9
99.0
99.4

105.4
105.1
104.6

107.3
106.8
106.0

98.2
98.4
98.7

105.5
105.3
104.8

106.7
106.2
105.4

2012 May
Jun

110.9
102.9

104.5
103.2

111.2
103.4

103.8
101.7

110.7
103.3

104.7
103.5

107.1
105.8

108.7
107.5

98.5
98.4

103.3
103.9

105.6
106.0

97.8
98.0

103.4
104.0

104.7
105.3

Jul
Aug
Sep
Oct
Nov
Dec

113.0
106.5
106.7
104.5
105.1
109.6

103.7
106.6
103.8
105.7
105.8
104.7

112.5
107.4
110.2
108.3
108.6
111.0

103.0
104.7
103.1
105.0
105.1
102.3

111.9
108.3
110.6
108.0
109.2
111.1

104.1
105.6
104.1
106.6
106.1
104.0

105.5
105.6
106.1
106.4
106.2
105.9

107.2
107.9
107.3
107.8
107.9
107.4

98.4
97.9
98.9
98.7
98.4
98.6

102.8
101.3
102.1
102.6
102.6
102.5

105.3
104.8
104.1
104.8
105.1
104.7

97.6
96.7
98.1
97.9
97.6
97.9

102.9
101.4
102.2
102.7
102.7
102.6

104.5
104.1
103.5
104.2
104.6
104.1

2013 Jan
Feb
Mar
Apr
May
Jun

105.4
103.8
109.1
109.4
110.0
115.0

101.4
101.3
105.5
103.7
105.7
107.9

106.1
104.9
111.2
111.1
110.7
118.1

102.2
102.8
106.4
103.2
104.5
108.7

106.2
105.7
111.7
108.9
109.4
117.6

103.4
105.0
108.0
104.7
107.0
110.3

107.4
110.4
110.8
108.7
108.1
107.3

108.9
111.5
111.7
109.9
109.2
108.3

98.6
99.0
99.2
98.9
99.0
99.1

103.5
105.9
106.9
105.7
105.2
104.5

105.8
107.8
108.4
107.4
106.9
106.0

97.8
98.2
98.6
98.4
98.4
98.6

103.5
106.0
106.9
105.8
105.3
104.7

105.2
107.1
107.8
106.9
106.3
105.5

Jul
Aug
Sep
Oct
Nov

105.7
106.7
105.5
105.9
108.6

106.3
106.7
108.4
107.7
108.4

106.0
109.1
108.3
109.6
111.7

106.2
106.4
109.7
108.0
109.2

106.0
108.3
109.8
109.4
112.8

108.2
108.4
111.5
109.9
111.4

109.7
108.7
107.1
106.8
105.9

110.1
109.3
108.3
107.9
107.2

99.6
99.5
98.9
99.0
98.8

106.0
104.7
103.1
103.3
102.8

107.1
106.0
104.9
105.1
104.8

99.0
98.8
98.3
98.3
98.1

106.2
104.8
103.2
103.5
103.0

106.5
105.5
104.4
104.6
104.3

Percentage change, latest month compared with:


Previous month
2.5
0.6
1.9

1.1

3.1

1.4

0.8

0.6

0.5

0.3

0.5

0.3

2010
2011
2012

3 months ended:
2012 Nov

105.4

105.1

109.0

104.4

109.3

105.6

106.2

107.7

98.7

102.4

104.7

97.9

102.5

104.1

2013 Aug

109.1

107.0

111.1

107.1

110.6

109.0

108.6

109.2

99.4

105.1

106.4

98.8

105.2

105.8

2013 Nov

106.7

108.2

109.9

109.0

110.7

110.9

106.6

107.8

98.9

103.1

104.9

98.2

103.2

104.4

Percentage change, latest 3 months compared with:


Previous 3 months
2.3
1.1
1.1

1.7

0.0

1.8

1.8

1.3

1.9

1.3

1.9

1.3

Same 3 months last year

4.4

1.3

5.1

0.3

0.1

0.6

0.3

0.7

0.3

1.2

2.9

0.8

1 These are provisional estimates subject to fluctuations when new or


amended data become available.
2 These are defined as ships, aircraft, precious stones and silver.
3 Expor t price index as a percentage of the import price index.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

GROWTH RATES FOR VOLUME AND PRICE INDICES 1 2


(TRADE IN GOODS)
Balance of Payments basis

Indices 2010=100

Volume (seasonally adjusted)

Total

Total excluding oil

Price index (not seasonally adjusted)

Total excluding oil and


erratics 3

Total

Total excluding oil

Total excluding oil and


erratics 2

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

2006
2007
2008
2009
2010

13.7
9.0
1.5
10.6
9.6

11.2
3.1
1.9
11.7
11.1

15.0
9.5
1.1
12.1
11.4

12.4
3.7
1.5
12.7
12.7

16.2
10.4
1.3
11.3
9.8

12.1
3.6
1.5
13.3
12.1

1.6
0.5
13.8
1.5
6.8

2.9

14.3
2.2
5.7

0.2
0.7
10.9
5.1
3.8

1.7

10.4
5.4
3.1

0.2
1.2
10.0
5.4
4.2

1.6

10.4
5.2
2.9

2011
2012

4.8
1.9

0.7
3.5

6.9
1.6

0.7
2.7

6.4
2.2

3.1
1.6

8.2
0.8

9.0
0.3

4.5
1.1

6.1
0.5

4.6
1.1

5.6
0.7

2011 Q2
Q3
Q4

2.7
0.7
4.6

1.4
1.6
1.1

3.1
0.9
4.6

1.6
1.1
0.6

3.7
0.6
4.7

1.8
1.3
0.2

3.7
0.2
0.1

3.2
1.6
0.5

2.4
0.4
0.2

2.2
2.2
0.6

2.3
0.4
0.1

2.1
1.6
0.7

2012 Q1
Q2
Q3
Q4

0.4
1.8
3.5
2.1

0.8
1.1
0.8
0.7

0.6
3.3
4.0
0.6

1.4
0.6
0.3
0.6

0.3
2.9
4.2
0.8

1.2
0.2
0.2
1.0

0.9
2.4
1.6
0.5

0.5
1.9
1.1
0.2

1.2
1.7
0.5

0.4
1.0
1.0
0.2

1.2
1.7
0.5

0.3
1.0
0.9
0.2

2013 Q1
Q2
Q3

0.3
5.1
4.9

2.6
3.0
1.2

1.7
5.5
4.9

0.4
1.6
1.8

1.4
3.8
3.6

0.1
1.7
2.0

3.1
1.4
0.5

2.8
1.4
0.1

2.7
0.3
0.5

2.3
0.5
0.7

2.7
0.2
0.5

2.3
0.5
0.8

2012 Jun

7.2

1.2

7.0

2.0

6.7

1.1

1.2

1.1

0.6

0.4

0.6

0.6

Jul
Aug
Sep
Oct
Nov
Dec

9.8
5.8
0.2
2.1
0.6
4.3

0.5
2.8
2.6
1.8
0.1
1.0

8.8
4.5
2.6
1.7
0.3
2.2

1.3
1.7
1.5
1.8
0.1
2.7

8.3
3.2
2.1
2.4
1.1
1.7

0.6
1.4
1.4
2.4
0.5
2.0

0.3
0.1
0.5
0.3
0.2
0.3

0.3
0.7
0.6
0.5
0.1
0.5

1.1
1.5
0.8
0.5

0.1

0.7
0.5
0.7
0.7
0.3
0.4

1.1
1.5
0.8
0.5

0.1

0.8
0.4
0.6
0.7
0.4
0.5

2013 Jan
Feb
Mar
Apr
May
Jun

3.8
1.5
5.1
0.3
0.5
4.5

3.2
0.1
4.1
1.7
1.9
2.1

4.4
1.1
6.0
0.1
0.4
6.7

0.1
0.6
3.5
3.0
1.3
4.0

4.4
0.5
5.7
2.5
0.5
7.5

0.6
1.5
2.9
3.1
2.2
3.1

1.4
2.8
0.4
1.9
0.6
0.7

1.4
2.4
0.2
1.6
0.6
0.8

1.0
2.3
0.9
1.1
0.5
0.7

1.1
1.9
0.6
0.9
0.5
0.8

0.9
2.4
0.8
1.0
0.5
0.6

1.1
1.8
0.7
0.8
0.6
0.8

Jul
Aug
Sep
Oct
Nov

8.1
0.9
1.1
0.4
2.5

1.5
0.4
1.6
0.6
0.6

10.2
2.9
0.7
1.2
1.9

2.3
0.2
3.1
1.5
1.1

9.9
2.2
1.4
0.4
3.1

1.9
0.2
2.9
1.4
1.4

2.2
0.9
1.5
0.3
0.8

1.7
0.7
0.9
0.4
0.6

1.4
1.2
1.5
0.2
0.5

1.0
1.0
1.0
0.2
0.3

1.4
1.3
1.5
0.3
0.5

0.9
0.9
1.0
0.2
0.3

Monthly:

3 month on 3 month comparison:


2012 Jun

1.7

1.1

3.3

0.6

2.9

0.2

2.3

1.9

1.3

1.1

1.3

1.1

Jul
Aug
Sep
Oct
Nov
Dec

3.7

3.5
2.8
1.9
2.1

0.4

0.7
1.5
0.6
0.7

1.6
1.2
4.0
0.4
1.2
0.7

0.9
1.2
0.3
1.4
1.2
0.5

1.2
0.9
4.1
0.3
1.3
0.8

0.8
0.9
0.2
1.3
1.1
0.9

3.6
3.1
1.6
0.1
0.6
0.4

2.7
2.4
1.1
0.1
0.1
0.2

1.5
1.5
1.7
1.3
0.2
0.5

0.9
0.8
1.0
1.0
0.7
0.1

1.6
1.5
1.8
1.3
0.2
0.5

0.9
0.7
0.9
0.9
0.5
0.3

2013 Jan
Feb
Mar
Apr
May
Jun

0.8
0.8
0.3
0.7
3.0
5.1

1.3
2.5
2.5
0.4
2.4
3.0

0.1
1.6
1.7
0.5
3.4
5.5

1.0
1.9
0.3
0.9
2.2
1.6

0.1
1.5
1.4
0.1
2.2
3.8

0.9
1.4
0.1
1.3
2.3
1.8

0.4
1.6
3.2
3.3
1.2
1.4

0.4
1.5
2.8
2.7
0.9
1.4

0.8
1.5
2.8
3.2
1.9
0.3

0.6
1.4
2.4
2.5
1.4
0.5

0.8
1.5
2.7
3.2
1.9
0.2

0.7
1.3
2.3
2.5
1.5
0.4

Jul
Aug
Sep
Oct
Nov

2.6
0.3
4.9
3.8
2.3

3.0
1.9
1.3
0.9
1.1

2.3
0.1
4.9
2.3
1.1

2.2
2.3
1.9
1.5
1.7

2.1
0.6
3.5
1.7

2.5
2.3
1.9
1.3
1.8

1.5
0.6
0.4
0.8
1.8

1.7
0.9
0.1
0.6
1.3

0.9
0.8
0.5
1.5
1.9

1.1
1.1
0.7
1.2
1.3

0.8
0.7
0.5
1.5
1.9

1.1
1.1
0.7
1.2
1.3

1 These are provisional estimates subject to fluctuations when new or


amended data become available.
2 Growth rates are derived from monthly, quar terly and annual indices measures. Due to rounding of these indices to one decimal place, discrepancies
occur for 3 month on 3 month comparisons, relative to quar terly growth
rates for the corresponding periods.
3 These are defined as ships, aircraft, precious stones and silver.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

VOLUME INDICES WITH COUNTRIES INSIDE AND OUTSIDE THE EU (TRADE IN GOODS) 1
Balance of Payments basis
Indices 2010=100 seasonally adjusted
Trade in goods with EU countries

Total

Total excluding oil

Trade in goods with Non-EU countries

Total excluding
oil and erratics 2

Total

Total excluding
oil & erratics 2

Total excluding oil

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

2010
2011
2012

LGCT
100.0
102.3
99.3

LGDL
100.0
102.9
107.4

LKUL
100.0
104.1
100.2

LKVD
100.0
102.7
106.6

SHBS
100.0
104.6
100.3

SHCO
100.0
102.8
105.8

LGEH
100.0
107.7
115.4

LGFA
100.0
98.5
100.9

LKVZ
100.0
109.7
117.6

LKWS
100.0
98.3
99.7

SHDJ
100.0
108.4
117.9

SHED
100.0
103.4
103.4

2011 Q2
Q3
Q4

103.0
101.3
102.2

100.6
103.3
104.3

103.6
103.7
104.7

100.4
103.1
103.8

104.3
103.6
105.6

100.8
103.0
103.8

103.6
104.2
113.2

98.1
98.5
99.5

105.3
106.9
115.7

98.5
97.9
98.4

103.4
105.5
113.5

103.2
103.5
102.7

2012 Q1
Q2
Q3
Q4

99.3
98.0
100.2
99.6

106.1
106.3
107.9
109.2

101.4
98.7
99.6
101.0

105.9
105.6
107.1
107.8

101.6
99.1
100.0
100.3

105.6
105.0
105.6
107.1

115.7
113.2
118.5
114.2

99.3
101.4
101.3
101.4

117.8
113.4
121.1
118.0

98.8
100.6
99.5
99.9

117.3
113.4
121.4
119.4

103.2
103.6
103.3
103.6

2013 Q1
Q2
Q3

99.0
101.5
100.8

108.6
110.0
113.7

98.9
101.5
100.6

108.4
110.0
114.2

98.9
101.1
100.7

108.6
110.2
114.1

114.3
123.0
111.9

96.6
101.4
100.2

116.5
125.8
115.5

98.3
100.1
99.4

117.7
123.8
115.9

101.4
103.5
103.2

2012 May
Jun

101.4
97.3

107.5
104.4

103.0
96.5

106.4
103.1

102.8
96.3

105.9
102.9

121.8
109.3

101.3
102.0

119.9
110.8

100.7
100.0

119.4
110.9

103.2
104.4

Jul
Aug
Sep
Oct
Nov
Dec

104.3
99.0
97.2
97.4
102.7
98.6

107.8
109.4
106.4
109.6
112.2
105.8

101.8
97.7
99.3
101.8
102.8
98.4

106.8
108.2
106.2
107.4
111.1
104.9

102.3
98.7
99.0
100.4
102.3
98.2

104.8
107.1
104.9
106.9
109.8
104.6

123.0
115.0
117.5
112.7
107.8
122.2

99.4
103.6
100.9
101.5
99.2
103.5

123.8
117.8
121.7
115.2
114.7
124.3

98.5
100.5
99.5
102.3
97.9
99.4

122.4
118.7
123.3
116.3
116.7
125.2

103.1
103.7
103.0
106.2
101.3
103.3

2013 Jan
Feb
Mar
Apr
May
Jun

97.6
99.4
100.1
99.0
103.2
102.2

106.3
106.8
112.8
107.7
109.3
113.0

96.9
99.0
100.6
99.3
100.9
104.2

105.9
107.0
112.3
108.0
109.0
113.2

97.0
98.3
101.5
98.9
100.7
103.8

105.8
107.1
112.9
108.1
109.5
113.1

114.4
108.9
119.5
121.4
117.8
129.7

96.2
95.6
97.8
99.5
101.9
102.7

115.8
111.1
122.5
123.6
121.0
132.9

97.7
98.0
99.3
97.4
99.3
103.5

116.3
113.9
122.9
119.8
118.9
132.6

100.3
102.2
101.6
100.1
103.7
106.7

Jul
Aug
Sep
Oct
Nov

104.5
100.6
97.2
95.8
101.3

113.3
111.9
115.9
115.9
118.1

100.9
100.7
100.2
100.0
105.5

114.2
112.0
116.5
115.0
116.8

100.8
100.9
100.5
100.0
105.8

113.8
112.2
116.2
114.8
116.3

107.1
113.8
114.9
117.5
117.1

98.9
101.2
100.6
99.1
98.2

111.4
118.0
116.9
119.7
118.2

96.7
99.7
101.7
99.7
100.1

111.6
116.3
119.9
119.6
120.5

100.9
103.4
105.4
103.4
104.9

1.9

5.5

1.6

5.8

1.3

0.3

0.9

1.3

0.4

0.8

1.5

Percentage change on previous month:


2013 Nov
5.7
3 months ended:
2012 Nov

99.1

109.4

101.3

108.2

100.6

107.2

112.7

100.5

117.2

99.9

118.8

103.5

2013 Aug

102.4

112.7

101.9

113.1

101.8

113.0

116.9

100.9

120.8

100.0

120.2

103.7

2013 Nov

98.1

116.6

101.9

116.1

102.1

115.8

116.5

99.3

118.3

100.5

120.0

104.6

0.0

2.6

0.3

2.4

0.3

1.6

2.1

0.5

0.1

0.9

0.6

7.3

1.5

8.0

3.4

1.2

0.9

0.6

1.0

1.0

Percentage change, latest 3 months compared with:


Previous 3 months
4.2
3.5
Same 3 months last year

1.0

6.6

1 These are provisional estimates subject to fluctuations when new or


amended data become available.
2 These are defined as ships, aircraft, precious stones and silver.
3 Includes trade with the Canary Islands, French Guiana, Guadeloupe, Martinique and Reunion.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

PRICE INDICES WITH COUNTRIES INSIDE AND OUTSIDE THE EU (TRADE IN GOODS) 1
Balance of Payments basis
Indices 2010=100 not seasonally adjusted
Trade in goods with EU countries

Total

Total excluding oil

Trade in goods with Non-EU countries

Total excluding
oil and erratics 2

Total

Total excluding
oil & erratics 2

Total excluding oil

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

2010
2011
2012

LGCR
100.0
110.1
108.5

LGDJ
100.0
105.8
104.4

LKUJ
100.0
105.6
103.5

LKVB
100.0
104.4
102.9

SHBQ
100.0
105.7
103.5

SHCM
100.0
104.4
102.9

LGEF
100.0
106.0
106.0

LGEY
100.0
112.4
113.2

LKVX
100.0
103.4
103.4

LKWQ
100.0
108.0
108.7

SHDH
100.0
103.4
103.6

SHEB
100.0
107.1
107.5

2011 Q2
Q3
Q4

111.9
111.2
110.7

106.6
107.4
105.9

106.8
106.6
106.0

105.0
106.0
104.5

106.9
106.6
106.0

105.0
106.0
104.5

106.2
106.8
107.0

112.0
114.5
114.8

103.2
104.2
104.4

106.6
110.3
110.7

103.1
104.1
104.5

106.1
108.8
109.0

2012 Q1
Q2
Q3
Q4

111.9
108.7
106.2
107.1

105.9
104.5
103.3
103.9

105.9
104.2
101.4
102.4

104.1
103.0
101.9
102.6

106.0
104.3
101.3
102.4

104.1
103.1
101.9
102.6

107.7
106.0
105.2
105.2

116.0
113.1
111.9
111.6

104.4
103.5
102.8
102.7

110.3
109.0
108.0
107.6

104.6
103.7
103.1
102.9

108.9
107.6
106.9
106.5

2013 Q1
Q2
Q3

111.3
109.2
110.3

106.5
105.6
105.7

106.2
105.6
105.4

104.9
104.5
104.2

106.2
105.7
105.6

104.9
104.5
104.2

107.5
106.6
106.4

115.1
112.8
112.9

104.6
104.6
103.7

110.2
109.5
108.2

104.7
104.8
103.9

109.1
108.5
107.1

2012 May
Jun

108.4
105.9

104.2
103.9

103.6
103.4

102.6
103.2

103.7
103.4

102.6
103.2

105.6
105.6

113.5
111.1

103.0
104.4

109.0
109.4

103.1
104.7

107.5
108.2

Jul
Aug
Sep
Oct
Nov
Dec

105.3
106.1
107.1
107.4
106.6
107.1

103.2
103.5
103.1
103.8
103.9
104.1

101.7
100.4
102.0
102.5
101.9
102.8

102.3
102.0
101.6
102.3
102.6
102.8

101.7
100.3
102.0
102.5
101.9
102.8

102.2
101.9
101.6
102.3
102.6
102.8

105.6
105.2
104.9
105.2
105.7
104.6

111.4
112.5
111.7
112.0
112.0
110.9

103.9
102.4
102.2
102.7
103.3
102.2

108.9
108.1
107.1
107.7
108.1
106.9

104.2
102.6
102.4
102.8
103.6
102.4

107.6
106.9
106.1
106.6
107.1
105.8

2013 Jan
Feb
Mar
Apr
May
Jun

109.2
112.6
112.1
109.8
109.1
108.8

105.3
107.2
107.0
106.1
105.6
105.2

104.4
107.0
107.1
106.1
105.4
105.4

103.8
105.4
105.4
104.8
104.4
104.1

104.4
107.1
107.2
106.2
105.4
105.5

103.8
105.4
105.4
104.8
104.4
104.2

105.3
107.9
109.3
107.4
107.0
105.6

112.7
116.0
116.6
113.9
113.0
111.4

102.6
104.7
106.6
105.3
105.0
103.6

108.2
110.5
111.9
110.4
109.8
108.2

102.6
104.8
106.7
105.4
105.2
103.8

107.0
109.3
110.9
109.5
108.7
107.1

Jul
Aug
Sep
Oct
Nov

111.1
110.8
109.0
108.5
107.3

106.4
105.8
104.8
105.2
104.6

106.5
105.8
104.0
104.3
103.5

105.0
104.3
103.2
103.9
103.5

106.7
106.0
104.1
104.4
103.6

105.0
104.3
103.2
103.9
103.5

108.0
106.3
105.0
104.8
104.2

114.0
112.8
111.9
110.7
109.9

105.5
103.5
102.1
102.3
102.1

109.6
108.0
106.9
106.5
106.4

105.8
103.6
102.3
102.5
102.3

108.6
106.9
105.8
105.5
105.3

0.6

0.8

0.4

0.8

0.4

0.6

0.7

0.2

0.1

0.2

0.2

Percentage change on previous month:


2013 Nov
1.1
3 months ended:
2012 Nov

107.0

103.6

102.1

102.2

102.1

102.2

105.3

111.9

102.7

107.6

102.9

106.6

2013 Aug

110.2

105.8

105.9

104.5

106.1

104.5

106.6

112.7

104.2

108.6

104.4

107.5

2013 Nov

108.3

104.9

103.9

103.5

104.0

103.5

104.7

110.8

102.2

106.6

102.4

105.5

Percentage change, latest 3 months compared with:


Previous 3 months
1.8
0.9
1.9

0.9

1.9

0.9

1.8

1.7

2.0

1.8

1.9

1.9

1.3

1.9

1.3

0.6

1.0

0.6

1.0

0.6

1.0

Same 3 months last year

1.2

1.2

1.8

1 These are provisional estimates subject to fluctuations when new or


amended data become available.
2 These are defined as ships, aircraft, precious stones and silver.
3 Includes trade with the Canary Islands, French Guiana, Guadeloupe, Martinique and Reunion.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

TRADE IN OIL1
Balance of Payments basis
Seasonally adjusted
Expor ts

Impor ts

Crude oil (SITC 333)


Balance of
Trade in Oil
million

Total
million

ENXQ
4 722
11 495
15 004

2011 Q2
Q3
Q4

Crude oil (SITC 333)

million

million
tonnes

Avg value
per tonne

Rest of
SITC 33
million

million

million
tonnes

Avg value2
per tonne

Rest of
SITC 33
million

ELBL
31 288
37 966
39 491

BQNI
15 834
17 054
16 847

BOQM
41
34
34

BPBN
382
502
502

BOQN
15 454
20 912
22 644

ENXO
36 010
49 461
54 495

BQNJ
19 181
27 719
30 039

BQBH
50
53
57

BQAX
383
519
531

BQAY
16 829
21 742
24 456

2 247
3 812
3 893

10 231
8 812
9 450

4 562
3 680
4 662

9
7
9

501
522
523

5 669
5 132
4 788

12 478
12 624
13 343

6 819
7 328
7 705

13
14
14

536
524
532

5 659
5 296
5 638

2012 Q1
Q2
Q3
Q4

3 502
3 121
3 478
4 903

10 106
10 313
10 063
9 009

4 066
4 183
4 288
4 310

8
9
9
8

520
470
487
529

6 040
6 130
5 775
4 699

13 608
13 434
13 541
13 912

8 039
7 713
7 307
6 980

14
14
14
14

557
544
508
515

5 569
5 721
6 234
6 932

2013 Q1
Q2
Q3

1 286
3 129
3 115

10 634
9 836
9 675

4 830
4 759
4 732

9
8
7

555
564
648

5 804
5 077
4 943

11 920
12 965
12 790

5 983
7 139
7 048

11
14
14

534
510
498

5 937
5 826
5 742

2013 Jun

895

3 086

1 459

547

1 627

3 981

2 036

509

1 945

Jul
Aug
Sep
Oct
Nov

867
1 363
885
1 310
914

3 509
3 097
3 069
2 755
2 925

1 784
1 431
1 517
1 379
1 611

2
2
3
3
3

818
573
579
527
482

1 725
1 666
1 552
1 376
1 314

4 376
4 460
3 954
4 065
3 839

2 751
2 349
1 948
1 783
1 513

5
5
4
3
3

526
522
441
515
496

1 625
2 111
2 006
2 282
2 326

2012 Nov

4 749

8 454

3 826

489

4 628

13 203

6 462

12

518

6 741

2013 Aug

3 125

9 692

4 674

646

5 018

12 817

7 136

14

519

5 681

2013 Nov

3 109

8 749

4 507

529

4 242

11 858

5 244

11

484

6 614

Percentage change, latest 3 months compared with:


Previous 3 months
9.7

3.6

16.8

18.1

15.5

7.5

26.5

20.4

6.7

16.4

Same 3 months last year

17.8

10.1

8.3

8.3

10.2

18.8

12.3

6.6

1.9

2010
2011
2012

Total
million

3 months ended:

3.5

1 Trade in petroleum and petroleum products. These figures differ from those
published by the Department of Energy and Climate Change which are
compiled from different sources and are on a time of shipment basis.
2 The average value per tonne may reflect not only changes in price but also
changes in the commodity mix.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

VALUE OF TRADE IN GOODS BY COMMODITY


Balance of Payments basis
million seasonally adjusted
Food, beverages and
tobacco (SITC 0 + 1)

Basic materials
(SITC 2 + 4)

Fuels (SITC 3)

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

BOPL
16 069
18 045
17 761

BQAR
33 443
35 920
36 661

ELBE
17 374
17 875
18 900

BOPM
7 336
8 991
8 479

BQAS
10 264
11 926
10 842

ELBF
2 928
2 935
2 363

BOPN
35 092
42 680
44 010

BQAT
44 873
61 814
65 899

ELBG
9 781
19 134
21 889

2011 Q4

4 603

9 158

4 555

2 308

2 930

622

10 757

16 322

5 565

2012 Q1
Q2
Q3
Q4

4 442
4 270
4 518
4 531

9 043
8 971
9 277
9 370

4 601
4 701
4 759
4 839

2 319
1 966
2 106
2 088

2 751
2 603
2 628
2 860

432
637
522
772

11 345
11 607
11 219
9 839

16 515
16 231
16 340
16 813

5 170
4 624
5 121
6 974

2013 Q1
Q2
Q3

4 634
4 861
4 712

9 393
9 516
9 636

4 759
4 655
4 924

2 040
1 967
1 803

3 114
3 178
3 060

1 074
1 211
1 257

11 442
10 869
10 611

15 316
16 659
15 540

3 874
5 790
4 929

2013 Jun

1 737

3 210

1 473

659

1 049

390

3 451

5 142

1 691

Jul
Aug
Sep
Oct
Nov

1 526
1 570
1 616
1 569
1 616

3 194
3 203
3 239
3 206
3 229

1 668
1 633
1 623
1 637
1 613

565
639
599
594
656

1 003
1 040
1 017
999
983

438
401
418
405
327

3 877
3 392
3 342
3 055
3 178

5 437
5 283
4 820
4 954
4 817

1 560
1 891
1 478
1 899
1 639

3 months ended:
2012 Nov

4 489

9 469

4 980

2 102

2 710

608

9 268

15 875

6 607

2013 Aug

4 833

9 607

4 774

1 863

3 092

1 229

10 720

15 862

5 142

2013 Nov

4 801

9 674

4 873

1 849

2 999

1 150

9 575

14 591

5 016

0.8

3.0

10.7

8.0

12.0

10.7

3.3

8.1

2010
2011
2012

Percentage change, latest 3 months compared with:


Previous 3 months
0.7
0.7
Same 3 months last year

7.0

2.2

Semi-manufactures
(SITC 5 + 6)

Finished manufactures
(SITC 7 + 8)

Total manufactures
(SITC 5 to 8)

Miscellaneous
(SITC 9)

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Balance

Exports

Imports

Balance

2010
2011
2012

BOPO
80 031
87 911
85 281

BQAU
88 247
97 944
99 886

ELBH
8 216
10 033
14 605

BOPP
123 943
136 955
140 713

BQAV
183 799
187 394
192 092

ELBI
59 856
50 439
51 379

BPAN
203 974
224 866
225 994

BQBD
272 046
285 338
291 978

ELBJ
68 072
60 472
65 984

BOQL
2 772
3 839
4 213

BQAW
3 202
3 515
3 777

BQKX
430
324
436

2011 Q4

22 414

24 480

2 066

35 847

47 939

12 092

58 261

72 419

14 158

1 087

1 001

86

2012 Q1
Q2
Q3
Q4

22 189
20 061
21 554
21 477

24 563
25 546
24 609
25 168

2 374
5 485
3 055
3 691

34 931
34 875
35 153
35 754

48 578
47 591
48 217
47 706

13 647
12 716
13 064
11 952

57 120
54 936
56 707
57 231

73 141
73 137
72 826
72 874

16 021
18 201
16 119
15 643

988
1 020
1 149
1 056

967
962
893
955

21
58
256
101

2013 Q1
Q2
Q3

20 660
21 496
20 360

25 048
23 797
23 809

4 388
2 301
3 449

36 174
38 068
36 861

48 562
49 965
52 010

12 388
11 897
15 149

56 834
59 564
57 221

73 610
73 762
75 819

16 776
14 198
18 598

1 068
1 354
1 160

853
868
870

215
486
290

2013 Jun

7 257

8 062

805

13 407

17 343

3 936

20 664

25 405

4 741

484

305

179

Jul
Aug
Sep
Oct
Nov

6 855
6 790
6 715
6 854
7 089

7 884
7 774
8 151
7 757
7 727

1 029
984
1 436
903
638

12 068
12 504
12 289
12 409
12 448

17 125
17 321
17 564
17 288
17 746

5 057
4 817
5 275
4 879
5 298

18 923
19 294
19 004
19 263
19 537

25 009
25 095
25 715
25 045
25 473

6 086
5 801
6 711
5 782
5 936

375
372
413
373
357

285
303
282
301
281

90
69
131
72
76

3 months ended:
2012 Nov

21 583

25 539

3 956

35 417

47 554

12 137

57 000

73 093

16 093

1 169

939

230

2013 Aug

20 902

23 720

2 818

37 979

51 789

13 810

58 881

75 509

16 628

1 231

893

338

2013 Nov

20 658

23 635

2 977

37 146

52 598

15 452

57 804

76 233

18 429

1 143

864

279

2.2

1.6

1.8

1.0

7.1

3.2

2.2

8.0

Percentage change, latest 3 months compared with:


Previous 3 months
1.2
0.4
Same 3 months last year
EXCLUDING ERRATICS
Previous 3 months
Same 3 months last year

4.3

7.5

4.9

10.6

1.4

4.3

0.7

2.4

1.2

0.9

0.5

1.4

3.7

0.6

5.5

8.4

2.0

5.4

1 These are defined as precious stones and silver in semi-manufactures, and


as ships and aircraft in finished manufactures.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

VOLUME INDICES (TRADE IN GOODS) BY COMMODITY 1


Balance of Payments basis
Indices 2010=100 seasonally adjusted
Food, beverages
and tobacco
(SITC 0 + 1)

Basic materials
(SITC 2 + 4)

Fuels
(SITC 3)

Semi-manufactures
(SITC 5 + 6)

Finished
manufactures
(SITC 7 + 8)

Total manufactures
(SITC 5 to 8)

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

61

92

28

28

132

123

302

243

467

505

769

748

BPEM
100
105
104

BQBK
100
100
102

BAFB
100
99
97

BQBL
100
107
99

BAFC
100
90
92

BQBM
100
103
110

BAHA
100
104
105

BQBN
100
102
107

BAHY
100
109
112

ELAB
100
99
102

BOGT
100
107
109

ELAJ
100
100
104

2011 Q2
Q3
Q4

103
103
107

99
100
102

99
99
98

107
109
105

97
84
88

101
107
107

103
103
107

101
102
101

105
107
112

98
98
101

104
106
110

99
100
101

2012 Q1
Q2
Q3
Q4

103
101
106
105

101
100
103
103

104
91
96
96

100
97
95
104

89
99
98
83

104
108
112
115

109
99
107
105

103
109
106
109

111
111
113
114

103
101
103
102

110
106
111
110

103
104
104
104

2013 Q1
Q2
Q3

104
108
105

103
104
104

98
94
88

107
121
116

93
96
90

98
112
104

100
106
99

106
103
103

114
119
115

102
105
110

108
114
109

103
104
108

2013 Jun

116

105

97

123

92

105

107

106

126

109

119

108

Jul
Aug
Sep
Oct
Nov

102
105
108
104
107

104
104
105
104
104

82
95
88
88
101

114
118
116
117
116

101
86
82
78
83

109
106
97
105
102

100
99
99
102
105

102
101
107
102
103

112
117
116
116
118

108
109
112
111
113

107
110
109
111
113

106
107
111
108
110

3 months ended:
2012 Nov

103

105

95

100

77

109

106

111

112

102

110

105

2013 Aug

108

104

91

118

93

107

102

103

118

109

112

107

2013 Nov

106

104

92

116

81

101

102

104

117

112

111

110

Percentage change, latest 3 months compared with:


Previous 3 months
1.2
0.0
1.1

1.7

12.9

5.0

0.0

1.0

1.4

3.1

0.9

2.5

16.3

4.7

6.7

3.8

6.3

3.9

9.8

0.9

4.8

2.3

3.2

0.8

2.1

0.6

3.1

3.4

0.0

4.1

8.2

1.2

6.0

Weights2
(total trade = 1000)

2010
2011
2012

Same 3 months last year


EXCLUDING ERRATICS
Previous 3 months

2.9

0.3

2.5

Same 3 months last year


1 These are provisional estimates subject to fluctuations when new or
amended data become available.
2 The weights shown are in proportion to the total value of trade in 2009 and
are used to combine the volume indices to calculate the totals for 2010 onwards. For 2009 and earlier, totals are calculated using the equivalent
weights for the previous year (eg totals for 2009 use 2010 weights).
3 These are defined as precious stones and silver in semi-manufactures, and
as ships and aircraft in finished manufactures.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

10

PRICE INDICES (TRADE IN GOODS) BY COMMODITY1


Balance of Payments Consistent basis
Indices 2010=100 not seasonally adjusted
Food, beverages
and tobacco
(SITC 0 + 1)

Basic materials
(SITC 2 + 4)

Fuels
(SITC 3)

Semi-manufactures
(SITC 5 + 6)

Finished
manufactures
(SITC 7 + 8)

Total manufactures
(SITC 5 to 8)

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

Expor ts

Impor ts

61

92

28

28

132

123

302

243

467

505

769

748

BPAI
100
107
107

ELAN
100
108
108

BPAW
100
124
120

ELAO
100
111
112

BPDU
100
135
136

ELAP
100
134
135

BQAA
100
105
102

ELAQ
100
110
108

BQAB
100
102
102

ELAR
100
103
103

BQAI
100
103
102

ELAY
100
105
104

2011 Q2
Q3
Q4

109
107
107

108
110
109

121
125
128

108
114
112

141
137
137

137
134
136

106
107
106

110
113
112

102
102
103

102
104
103

104
104
104

105
107
106

2012 Q1
Q2
Q3
Q4

108
108
106
108

107
108
108
109

125
121
119
116

112
112
111
111

145
134
133
133

144
134
130
134

104
102
101
102

110
109
107
106

103
102
100
100

104
102
102
102

104
102
101
101

106
105
104
103

2013 Q1
Q2
Q3

113
115
112

110
111
111

115
116
111

113
113
109

140
129
138

142
132
137

105
103
103

109
107
106

103
104
103

104
104
104

104
104
103

106
105
104

2013 Jun

114

111

116

111

128

129

103

106

103

104

103

104

Jul
Aug
Sep
Oct
Nov

113
110
112
112
111

112
111
111
112
111

117
110
105
104
104

111
108
107
106
104

137
139
137
132
128

136
137
137
134
131

104
103
101
102
101

107
107
105
105
105

105
104
102
102
102

105
104
102
102
102

105
103
102
102
102

106
105
103
103
103

3 months ended:
2012 Nov

108

109

118

111

135

134

102

106

100

102

101

103

2013 Aug

112

111

114

110

135

134

103

107

104

104

104

105

2013 Nov

112

111

104

106

132

134

101

105

102

102

102

103

Percentage change, latest 3 months compared with:


Previous 3 months
0.6
0.0
8.7

3.9

1.7

0.0

1.9

1.6

1.9

2.2

1.6

1.9

11.6

5.1

1.7

0.0

0.7

0.9

2.0

0.3

1.3

0.0

1.9

1.6

1.6

1.6

1.9

1.9

0.3

0.6

2.3

0.3

1.3

0.0

Weights2
(total trade = 1000)

2010
2011
2012

Same 3 months last year


EXCLUDING ERRATICS
Previous 3 months

3.4

2.1

Same 3 months last year


1 These are provisional estimates subject to fluctuations when new or
amended data become available.
2 The weights shown are in proportion to the total value of trade in 2009 and
are used to combine the volume indices to calculate the totals for 2010 onwards. For 2009 and earlier, totals are calculated using the equivalent
weights for the previous year (eg totals for 2009 use 2010 weights).
3 These are defined as precious stones and silver in semi-manufactures, and
as ships and aircraft in finished manufactures.

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

11

TRADE IN GOODS WITH SELECTED EU TRADING PARTNERS


Balance of Payments Consistent basis
million seasonally adjusted
Belgium & Luxembourg

France

Germany

Irish Republic

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

CHNQ
13 587
16 224
14 821

CHNY
18 005
20 042
19 002

CHNF
4 418
3 818
4 181

ENYL
19 177
21 959
20 983

ENYP
21 563
23 036
22 946

ENYT
2 386
1 077
1 963

ENYO
27 842
32 501
31 867

ENYS
46 390
50 365
52 978

ENYW
18 548
17 864
21 111

CHNS
16 889
17 862
17 420

CHOA
12 864
13 056
12 878

CHNH
4 025
4 806
4 542

2011 Q2
Q3
Q4

4 076
4 225
4 147

5 266
5 034
4 847

1 190
809
700

5 783
5 033
5 809

5 593
5 815
5 904

190
782
95

8 063
8 448
8 387

12 399
12 770
12 921

4 336
4 322
4 534

4 625
4 421
4 500

2 946
3 437
3 384

1 679
984
1 116

2012 Q1
Q2
Q3
Q4

3 804
3 696
3 733
3 588

4 875
4 483
4 680
4 964

1 071
787
947
1 376

5 254
4 941
5 564
5 224

5 706
5 712
5 734
5 794

452
771
170
570

8 186
7 827
7 667
8 187

13 057
13 097
13 364
13 460

4 871
5 270
5 697
5 273

4 324
4 332
4 404
4 360

3 523
3 386
3 056
2 913

801
946
1 348
1 447

2013 Q1
Q2
Q3

3 885
3 779
3 685

5 217
5 048
5 164

1 332
1 269
1 479

5 211
5 469
5 420

5 918
6 064
6 208

707
595
788

7 850
7 355
7 440

13 756
13 929
14 456

5 906
6 574
7 016

4 763
4 672
4 717

2 961
3 133
2 974

1 802
1 539
1 743

2013 Jun

1 321

1 678

357

1 793

2 101

308

2 501

4 862

2 361

1 574

1 040

534

Jul
Aug
Sep
Oct
Nov

1 275
1 158
1 252
1 196
1 152

1 684
1 688
1 792
1 648
1 822

409
530
540
452
670

1 829
1 842
1 749
1 703
1 838

2 070
2 071
2 067
2 001
2 140

241
229
318
298
302

2 533
2 476
2 431
2 478
2 560

5 010
4 745
4 701
4 816
4 948

2 477
2 269
2 270
2 338
2 388

1 594
1 570
1 553
1 593
1 659

997
987
990
1 058
957

597
583
563
535
702

2012 Nov

3 513

4 952

1 439

5 235

5 795

560

8 091

13 572

5 481

4 354

2 889

1 465

2013 Aug

3 754

5 050

1 296

5 464

6 242

778

7 510

14 617

7 107

4 738

3 024

1 714

2013 Nov

3 600

5 262

1 662

5 290

6 208

918

7 469

14 465

6 996

4 805

3 005

1 800

3.2

0.5

0.5

1.0

1.4

0.6

7.1

7.7

6.6

10.4

2010
2011
2012

3 months ended:

Percentage change, latest 3 months compared with:


Previous 3 months
4.1
4.2
Same 3 months last year

2.5

6.3

1.1

Italy

Netherlands

Spain

4.0
Sweden

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

CHNO
8 831
10 000
8 037

CHNW
13 934
14 065
14 334

CHOE
5 103
4 065
6 297

CHNP
21 196
23 525
24 787

CHNX
26 435
28 540
31 971

CHNE
5 239
5 015
7 184

CHNV
9 913
9 720
8 449

CHOD
10 377
11 797
11 565

CHNM
464
2 077
3 116

CHNA
5 549
6 256
5 863

CHND
6 805
7 711
9 257

CHVI
1 256
1 455
3 394

2011 Q2
Q3
Q4

2 568
2 643
2 266

3 463
3 529
3 608

895
886
1 342

6 038
5 930
6 041

6 966
7 428
7 325

928
1 498
1 284

2 445
2 417
2 352

2 848
3 030
2 998

403
613
646

1 642
1 553
1 560

1 812
1 985
1 930

170
432
370

2012 Q1
Q2
Q3
Q4

2 048
2 046
1 923
2 020

3 542
3 585
3 611
3 596

1 494
1 539
1 688
1 576

6 469
6 020
6 012
6 286

7 496
7 756
8 119
8 600

1 027
1 736
2 107
2 314

2 168
2 054
2 093
2 134

2 843
2 860
2 897
2 965

675
806
804
831

1 479
1 414
1 501
1 469

2 149
2 339
2 276
2 493

670
925
775
1 024

2013 Q1
Q2
Q3

2 122
2 137
2 135

3 568
3 667
3 897

1 446
1 530
1 762

6 240
6 593
6 808

8 622
8 671
8 779

2 382
2 078
1 971

2 059
2 253
2 244

2 935
2 974
3 155

876
721
911

1 476
1 338
1 560

2 041
1 821
1 850

565
483
290

2013 Jun

726

1 276

550

2 148

2 912

764

796

1 022

226

438

593

155

Jul
Aug
Sep
Oct
Nov

681
714
740
659
841

1 298
1 306
1 293
1 306
1 302

617
592
553
647
461

2 593
2 216
1 999
1 802
1 841

2 685
2 886
3 208
3 100
3 105

92
670
1 209
1 298
1 264

851
681
712
713
776

1 065
1 036
1 054
1 092
1 195

214
355
342
379
419

566
502
492
497
474

638
594
618
574
577

72
92
126
77
103

2012 Nov

2 007

3 612

1 605

6 176

8 519

2 343

2 125

2 871

746

1 492

2 484

992

2013 Aug

2 121

3 880

1 759

6 957

8 483

1 526

2 328

3 123

795

1 506

1 825

319

2013 Nov

2 240

3 901

1 661

5 642

9 413

3 771

2 201

3 341

1 140

1 463

1 769

306

18.9

11.0

5.5

7.0

2.9

3.1

8.6

10.5

3.6

16.4

1.9

28.8

2010
2011
2012

3 months ended:

Percentage change, latest 3 months compared with:


Previous 3 months
5.6
0.5
Same 3 months last year

11.6

8.0

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

12

TRADE IN GOODS WITH SELECTED NON-EU TRADING PARTNERS


Balance of Payments Consistent basis
million seasonally adjusted
Canada

China

Hong Kong

Japan

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

EOBC
4 119
4 740
4 147

EOBW
5 762
6 137
5 549

EOCQ
1 643
1 397
1 402

ERDN
7 602
9 273
10 547

ERDZ
30 587
31 464
31 510

EREL
22 985
22 191
20 963

ERDG
4 453
5 368
5 370

ERDS
8 161
7 625
7 410

EREE
3 708
2 257
2 040

EOBD
4 332
4 718
4 924

EOBX
8 096
8 863
8 548

EOCR
3 764
4 145
3 624

2011 Q2
Q3
Q4

1 230
1 200
1 169

1 518
1 615
1 574

288
415
405

2 090
2 382
2 593

7 453
8 216
8 194

5 363
5 834
5 601

1 205
1 328
1 442

1 985
1 863
1 755

780
535
313

1 128
1 169
1 250

2 000
2 261
2 414

872
1 092
1 164

2012 Q1
Q2
Q3
Q4

1 135
1 004
1 146
862

1 461
1 330
1 357
1 401

326
326
211
539

2 562
2 602
2 681
2 702

7 720
8 264
8 012
7 514

5 158
5 662
5 331
4 812

1 365
1 306
1 299
1 400

1 887
1 873
1 924
1 726

522
567
625
326

1 242
1 222
1 222
1 238

2 325
2 256
2 030
1 937

1 083
1 034
808
699

2013 Q1
Q2
Q3

925
1 063
976

1 432
1 518
1 536

507
455
560

2 966
3 115
3 072

8 089
8 034
8 516

5 123
4 919
5 444

1 349
1 538
1 405

1 787
1 970
1 817

438
432
412

1 173
1 328
1 167

1 965
1 877
1 935

792
549
768

2013 Jun

354

546

192

1 073

2 839

1 766

568

626

58

425

635

210

Jul
Aug
Sep
Oct
Nov

343
376
257
431
341

577
469
490
418
399

234
93
233
13
58

933
992
1 147
1 070
1 070

2 757
2 884
2 875
2 838
2 914

1 824
1 892
1 728
1 768
1 844

408
510
487
453
389

628
590
599
667
575

220
80
112
214
186

359
402
406
369
398

608
644
683
643
583

249
242
277
274
185

2012 Nov

915

1 393

478

2 559

7 579

5 020

1 382

1 802

420

1 245

1 932

687

2013 Aug

1 073

1 592

519

2 998

8 480

5 482

1 486

1 844

358

1 186

1 887

701

2013 Nov

1 029

1 307

278

3 287

8 627

5 340

1 329

1 841

512

1 173

1 909

736

9.6

1.7

10.6

0.2

1.1

1.2

13.8

3.8

2.2

5.8

1.2

2010
2011
2012

3 months ended:

Percentage change, latest 3 months compared with:


17.9
Previous 3 months
4.1
Same 3 months last year

12.5

6.2

28.4

Norway

South Korea

Switzerland

USA inc Puerto Rico

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

EPLX
3 112
3 387
3 652

EPMX
21 026
25 163
22 377

EPNX
17 914
21 776
18 725

ERDM
2 341
2 680
4 917

ERDY
2 560
2 612
3 250

EREK
219
68
1 667

EPLV
5 210
5 451
6 754

EPMV
7 420
7 580
9 031

EPNV
2 210
2 129
2 277

J9C5
37 898
39 776
41 204

J9C6
26 956
28 732
29 931

J9C4
10 942
11 044
11 273

2011 Q2
Q3
Q4

758
855
870

6 294
6 279
6 573

5 536
5 424
5 703

548
584
970

624
658
710

76
74
260

1 394
1 305
1 495

1 862
2 138
1 722

468
833
227

9 538
9 554
10 492

7 129
7 206
7 483

2 409
2 348
3 009

2012 Q1
Q2
Q3
Q4

923
1 020
829
880

6 784
6 074
4 558
4 961

5 861
5 054
3 729
4 081

1 105
1 482
1 095
1 235

801
890
830
729

304
592
265
506

1 366
1 455
1 651
2 282

1 728
1 881
2 075
3 347

362
426
424
1 065

10 692
10 144
10 566
9 802

7 280
7 418
7 739
7 494

3 412
2 726
2 827
2 308

2013 Q1
Q2
Q3

899
1 034
836

4 523
4 807
4 291

3 624
3 773
3 455

1 496
967
779

860
760
837

636
207
58

1 469
1 686
1 279

1 870
2 017
2 073

401
331
794

10 554
10 581
10 050

7 201
7 047
6 874

3 353
3 534
3 176

2013 Jun

357

1 531

1 174

466

230

236

645

713

68

3 625

2 602

1 023

Jul
Aug
Sep
Oct
Nov

263
286
287
295
249

1 623
1 424
1 244
1 348
1 062

1 360
1 138
957
1 053
813

251
256
272
556
817

304
254
279
284
410

53
2
7
272
407

456
415
408
464
401

505
620
948
585
584

49
205
540
121
183

3 145
3 431
3 474
3 302
3 289

2 291
2 368
2 215
2 231
2 321

854
1 063
1 259
1 071
968

2012 Nov

865

4 601

3 736

904

813

91

1 573

2 577

1 004

10 191

7 665

2 526

2013 Aug

906

4 578

3 672

973

788

185

1 516

1 838

322

10 201

7 261

2 940

2013 Nov

831

3 654

2 823

1 645

973

672

1 273

2 117

844

10 065

6 767

3 298

69.1

23.5

16.0

15.2

1.3

6.8

82.0

19.7

19.1

17.9

1.2

11.7

2010
2011
2012

3 months ended:

Percentage change, latest 3 months compared with:


Previous 3 months
8.3
20.2
Same 3 months last year

3.9

20.6

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

13

TRADE IN GOODS EXCLUDING ADJUSTMENTS TO TRADE


ASSOCIATED WITH MTIC FRAUD1 2
million
MTIC fraud
trade adjment

Current price

Current price

Current price

Value of
trade

Total imports
less MTIC
adjustment

Total EU imports
less MTIC
adjustment

Total non-EU imports


less MTIC
adjustment

Total imports
less MTIC
adjustment

2004
2005
2006
2007
2008

OFNN
2 688
11 057
22 378
2 138
2 272

BQHQ
248 489
268 796
297 363
308 378
343 554

CLAS
141 363
148 882
160 629
167 775
179 477

CLAT
107 126
119 914
136 734
140 603
164 077

BQHS
323 709
339 084
366 806
375 682
368 512

2009
2010
2011
2012

2 031
2 522
2 755
2 235

308 628
361 307
395 758
406 922

160 479
183 430
199 233
205 949

148 149
177 877
196 525
200 973

325 269
361 321
363 843
376 861

2011 Q2
Q3
Q4

710
704
657

97 805
101 007
101 173

48 874
50 893
50 660

48 931
50 114
50 513

89 654
91 127
92 124

2012 Q1
Q2
Q3
Q4

649
525
541
520

101 768
101 379
101 423
102 352

51 209
50 859
51 354
52 527

50 559
50 520
50 069
49 825

92 827
94 000
94 675
95 360

2013 Q1
Q2
Q3

508
488
435

101 778
103 495
104 490

53 105
53 186
55 051

48 673
50 309
49 439

92 948
95 746
97 004

2012 Jul
Aug
Sep
Oct
Nov
Dec

183
192
166
171
196
152

33 274
34 721
33 428
34 125
34 000
34 228

17 061
17 417
16 876
17 569
17 859
17 100

16 213
17 304
16 552
16 556
16 141
17 128

31 257
32 125
31 292
31 869
31 889
31 601

2013 Jan
Feb
Mar
Apr
May
Jun

139
182
187
153
184
151

33 010
33 670
35 098
34 060
34 475
34 960

17 166
17 490
18 449
17 395
17 603
18 188

15 844
16 180
16 649
16 665
16 872
16 772

30 598
30 546
31 804
31 293
31 868
32 585

Jul
Aug
Sep
Oct
Nov

157
154
124
139
140

34 771
34 770
34 949
34 366
34 643

18 319
18 105
18 627
18 569
19 026

16 452
16 665
16 322
15 797
15 617

32 067
32 193
32 744
32 518
32 724

Percentage change, latest 3 months compared with:


Previous 3 months
12.8

0.5

2.9

4.3

1.2

24.4

2.4

7.5

3.1

3.1

Percentage change, latest quarter compared with:


Previous quarter
10.9

1.0

3.5

1.7

1.3

19.6

3.0

7.2

1.3

2.5

Same 3 months last year

Same quarter last year

1 The adjustments are for the missing declarations (non response) and do
not reflect the overall level of MTIC-related trade
2 From April 2010, data are presented in million to bring this table in line
with others in this Statistical Bulletin. Previously, data were presented in
billion.

Chained
volume measure

Earliest date for revisions to trade in goods is October 2013.

RESTRICTED-STATISTICS until 9.30am on Thursday 9 January 2014

14. UK'S TOP 50 EXPORT MARKETS AND IMPORT SOURCES IN 2012


BoP-consistent basis
EXPORT MARKETS
Country

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

IMPORT SOURCES
Value
million

% of Total Cumulative
UK Exports percentage

Country

Value % of Total Cumulative


million UK Imports percentage

United States
41 204
13.7
13.7
1 Germany
52 978
12.9
Germany
31 867
10.6
24.3
2 Netherlands
31 971
7.8
Netherlands
24 787
8.2
32.5
3 China
31 510
7.7
France
20 983
7.0
39.5
4 United States
29 931
7.3
Irish Republic
17 420
5.8
45.3
5 France
22 946
5.6
Belgium & Luxembourg
14 821
4.9
50.2
6 Norway
22 377
5.5
China
10 547
3.5
53.7
7 Belgium & Luxembourg
19 002
4.6
Spain
8 449
2.8
56.5
8 Italy
14 334
3.5
Italy
8 037
2.7
59.2
9 Irish Republic
12 878
3.1
Switzerland
6 754
2.2
61.4
10 Spain
11 565
2.8
Sweden
5 863
2.0
63.4
11 Sweden
9 257
2.3
Russia
5 588
1.9
65.3
12 Switzerland
9 031
2.2
Hong Kong
5 370
1.8
67.1
13 Japan
8 548
2.1
United Arab Emirates
5 361
1.8
68.9
14 Russia
8 463
2.1
Japan
4 924
1.6
70.5
15 Poland
7 489
1.8
South Korea
4 917
1.6
72.1
16 Hong Kong
7 410
1.8
Australia
4 737
1.6
73.7
17 India
6 209
1.5
India
4 662
1.6
75.3
18 Denmark
5 844
1.4
Singapore
4 486
1.5
76.8
19 Turkey
5 767
1.4
Canada
4 147
1.4
78.2
20 Canada
5 549
1.4
Turkey
3 684
1.2
79.4
21 Czech Republic
4 609
1.1
Norway
3 652
1.2
80.6
22 Nigeria
3 998
1.0
Poland
3 562
1.2
81.8
23 Taiwan
3 976
1.0
Saudi Arabia
3 091
1.0
82.8
24 Singapore
3 741
0.9
Denmark
2 952
1.0
83.8
25 South Africa
3 318
0.8
Brazil
2 662
0.9
84.7
26 South Korea
3 250
0.8
South Africa
2 088
0.7
85.4
27 Qatar
3 166
0.8
Thailand
2 000
0.7
86.1
28 Hungary
2 651
0.6
Czech Republic
1 824
0.6
86.7
29 Austria
2 649
0.6
Botswana
1 634
0.5
87.2
30 Thailand
2 626
0.6
Austria
1 558
0.5
87.7
31 Vietnam
2 587
0.6
Finland
1 545
0.5
88.2
32 Brazil
2 452
0.6
Israel
1 543
0.5
88.7
33 Australia
2 425
0.6
Malaysia
1 536
0.5
89.2
34 Israel
2 418
0.6
Nigeria
1 495
0.5
89.7
35 United Arab Emirates
2 188
0.5
Qatar
1 394
0.5
90.2
36 Algeria
2 174
0.5
Portugal
1 385
0.5
90.7
37 Finland
2 174
0.5
Taiwan
1 153
0.4
91.1
38 Botswana
1 920
0.5
Mexico
1 132
0.4
91.5
39 Bangladesh
1 786
0.4
Hungary
1 114
0.4
91.9
40 Portugal
1 780
0.4
Senegal
1 016
0.3
92.2
41 Libya
1 732
0.4
Egypt
962
0.3
92.5
42 Malaysia
1 724
0.4
Romania
945
0.3
92.8
43 Saudi Arabia
1 696
0.4
Greece
902
0.3
93.1
44 Slovakia
1 584
0.4
Chile
677
0.2
93.3
45 Kuwait
1 519
0.4
Indonesia
657
0.2
93.5
46 Indonesia
1 281
0.3
Morocco
652
0.2
93.7
47 Romania
1 272
0.3
Kuwait
618
0.2
93.9
48 Sri Lanka
953
0.2
New Zealand
617
0.2
94.1
49 Colombia
941
0.2
Gibraltar
609
0.2
94.3
50 New Zealand
896
0.2
1 United Arab Emirates includes Dubai
2 United States includes Puerto Rico
3 This table replaces G1 of the Monthly Review of External Trade Statistics publication, which has now been discontinued.

12.9
20.7
28.4
35.7
41.3
46.8
51.4
54.9
58.0
60.8
63.1
65.3
67.4
69.5
71.3
73.1
74.6
76.0
77.4
78.8
79.9
80.9
81.9
82.8
83.6
84.4
85.2
85.8
86.4
87.0
87.6
88.2
88.8
89.4
89.9
90.4
90.9
91.4
91.8
92.2
92.6
93.0
93.4
93.8
94.2
94.5
94.8
95.0
95.2
95.4

RESTRICTED-STATISTICS until 9.30am on Thursday 9 January 2014

15. UK'S TOP 30 EXPORT AND IMPORT COMMODITIES IN 2012


By SITC (R4) Division
BoP-consistent basis
EXPORTS

Commodity
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

IMPORTS

Division

Value
million

% of Total Cumulative
UK Exports percentage

Commodity

Division

Mechanical machinery
71:74 minus 716
39 291
13.1
13.1
1 Electrical machinery
716+75+76+77
Electrical machinery
716+75+76+77
24 725
8.2
21.3
2 Mechanical machinery
71:74 minus 716
Medicinal & pharmaceutical produ 54
23 375
7.8
29.1
3 Crude oil
333
Refined oil
334+335
22 644
7.5
36.6
4 Refined oil
334+335
Cars
781
21 622
7.2
43.8
5 Other miscellaneous manufactu 80
Crude oil
333
16 847
5.6
49.4
6 Cars
781
Other miscellaneous manufactures 80
11 652
3.9
53.3
7 Medicinal & pharmaceutical prod 54
Aircraft
792
10 668
3.6
56.9
8 Clothing
84
Scientific & photographic
87+88
10 335
3.4
60.3
9 Road vehicles other than cars 78 minus 781
Organic chemicals
51
9 029
3.0
63.3
10 Fuels other than oil
32+34+35
Road vehicles other than cars
78 minus 781
7 287
2.4
65.7
11 Organic chemicals
51
Beverages
11
6 854
2.3
68.0
12 Scientific & photographic
87+88
Iron & steel
67
5 755
1.9
69.9
13 Aircraft
792
Precious stones
667
5 681
1.9
71.8
14 Vegetables & fruit
05
Plastics
57+58
5 626
1.9
73.7
15 Miscellaneous metal manufactur 69
Non-ferrous metals excl. silver
68 minus 681
5 550
1.8
75.5
16 Plastics
57+58
Fertilisers & other chemicals
56+59
5 119
1.7
77.2
17 Non-ferrous metals excl. silver 68 minus 681
Miscellaneous metal manufactures 69
4 904
1.6
78.8
18 Iron & steel
67
Toilet & cleansing preparations
55
4 851
1.6
80.4
19 Silver
381
Works of art
896
4 778
1.6
82.0
20 Paper & paperboard
64
Metal ores & scrap
28
4 545
1.5
83.5
21 Meat & meat preparations
01
Fuels other than oil
32+34+35
4 519
1.5
85.0
22 Precious stones
667
Clothing
84
4 456
1.5
86.5
23 Beverages
11
Unspecified goods
9
4 213
1.4
87.9
24 Works of art
896
Jewellery
897
3 555
1.2
89.1
25 Fertilisers & other chemicals
56+59
Inorganic chemicals
52
2 885
1.0
90.1
26 Toilet & cleansing preparations 55
Textile fabrics
65
2 718
0.9
91.0
27 Textile fabrics
65
Paper & paperboard
64
2 278
0.8
91.8
28 Metal ores & scrap
28
Dyeing, tanning & colouring mate
53
1 994
0.7
92.5
29 Footwear
85
Other crude materials
21+22+23+27+29
1 990
0.7
93.2
30 Unspecified goods
9
Export and import figures are both affected by trade associated with VAT
MTIC fraud. In particular, trade in telecommunications equipment and office machines
machines is affected: these categories of goods include mobile phones and
computer components.
1 This table replaces G2 of the Monthly Review of External Trade Statistics publication, which has now been discontinued.

Value % of Total Cumulative


million UK Exports percentage
51 015
34 476
30 039
24 456
22 300
21 572
17 967
15 834
15 049
11 404
10 207
10 103
8 406
7 921
7 646
7 546
6 533
6 177
6 034
5 704
5 504
5 202
5 110
4 933
4 862
4 775
4 539
4 006
3 859
3 777

12.5
8.4
7.3
6.0
5.5
5.3
4.4
3.9
3.7
2.8
2.5
2.5
2.1
1.9
1.9
1.8
1.6
1.5
1.5
1.4
1.3
1.3
1.2
1.2
1.2
1.2
1.1
1.0
0.9
0.9

12.5
20.9
28.2
34.2
39.7
45.0
49.4
53.3
57.0
59.8
62.3
64.8
66.9
68.8
70.7
72.5
74.1
75.6
77.1
78.5
79.8
81.1
82.3
83.5
84.7
85.9
87.0
88.0
88.9
89.8

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

16

SELECTED AVERAGE STERLING EXCHANGE RATES


Not seasonally adjusted
Sterling
effective
exchange
rate index1

2004
2005
2006
2007
2008

Euro

Australian
dollar

Canadian
dollar

Danish
kroner

Hong
Kong
dollar

Japanese
yen

New
Zealand
dollar

Norwegian
kroner

South
African
rand

Swedish
kronor

Swiss
franc

United
States
dollar

BK67
101.5864
100.3776
101.2112
103.6665
91.1007

THAP
1.4739
1.4629
1.4670
1.4619
1.2588

AJFP
2.4905
2.3851
2.4460
2.3899
2.1881

AJFB
2.3831
2.2048
2.0900
2.1467
1.9621

AJFK
10.9654
10.9013
10.9427
10.8921
9.3853

AJFU
14.2707
14.1477
14.3182
15.6201
14.4304

AJFO
198.0951
200.1512
214.3074
235.7603
192.4993

AJFV
2.7622
2.5819
2.8438
2.7217
2.6061

AJFJ
12.3417
11.7167
11.8114
11.7222
10.3404

AJFW
11.8011
11.5749
12.5201
14.1110
15.1339

AJFI
13.4548
13.5795
13.5731
13.5226
12.0951

AJFD
2.2757
2.2649
2.3079
2.4019
1.9995

AUSS
1.8320
1.8197
1.8431
2.0020
1.8541

2009
2010
2011
2012

80.5484
80.4096
79.9755
82.9924

1.1233
1.1664
1.1527
1.2337

1.9905
1.6828
1.5544
1.5302

1.7800
1.5925
1.5862
1.5839

8.3644
8.6869
8.5880
9.1832

12.1432
12.0099
12.4792
12.2956

146.4476
135.5170
127.8283
126.4747

2.4860
2.1426
2.0299
1.9571

9.8174
9.3384
8.9872
9.2225

13.1066
11.3082
11.6336
13.0139

11.9376
11.1270
10.4080
10.7368

1.6961
1.6100
1.4214
1.4867

1.5656
1.5454
1.6033
1.5851

2010 Q4

80.2949

1.1639

1.6009

1.6013

8.6768

12.2727

130.5153

2.0844

9.3773

10.9197

10.7300

1.5403

1.5811

2011 Q1
Q2
Q3
Q4

80.8548
79.4879
79.2460
80.3132

1.1710
1.1329
1.1402
1.1660

1.5955
1.5349
1.5337
1.5531

1.5802
1.5782
1.5776
1.6085

8.7302
8.4487
8.4946
8.6750

12.4870
12.6674
12.5409
12.2286

131.9404
132.8423
124.9929
121.5377

2.1230
2.0370
1.9351
2.0243

9.1692
8.8752
8.8564
9.0479

11.2297
11.0758
11.4982
12.7309

10.3837
10.2216
10.4259
10.6009

1.5091
1.4163
1.3267
1.4335

1.6034
1.6286
1.6091
1.5720

2012 Q1
Q2
Q3
Q4

81.1703
83.1378
84.0530
83.6087

1.1985
1.2344
1.2633
1.2384

1.4888
1.5674
1.5207
1.5463

1.5733
1.5991
1.5728
1.5915

8.9110
9.1781
9.4058
9.2377

12.1937
12.2896
12.2526
12.4463

124.7128
126.8045
124.1914
130.1900

1.9199
2.0041
1.9533
1.9512

9.0938
9.3321
9.3386
9.1256

12.1806
12.8672
13.0465
13.9611

10.6079
11.0015
10.6580
10.6798

1.4475
1.4831
1.5203
1.4959

1.5713
1.5834
1.5798
1.6058

2013 Q1
Q2
Q3

80.3435
80.5680
81.2348

1.1751
1.1756
1.1708

1.4938
1.5522
1.6926

1.5644
1.5723
1.6107

8.7648
8.7649
8.7315

12.0358
11.9203
12.0243

142.9929
151.6852
153.3291

1.8591
1.8725
1.9435

8.7338
8.9533
9.2882

13.8899
14.5650
15.4753

9.9863
10.0742
10.1586

1.4433
1.4473
1.4451

1.5519
1.5358
1.5504

2012 Aug
Sep
Oct
Nov
Dec

83.9841
84.2036
83.6032
83.6588
83.5640

1.2676
1.2524
1.2393
1.2440
1.2310

1.5004
1.5504
1.5616
1.5344
1.5414

1.5601
1.5776
1.5861
1.5919
1.5977

9.4380
9.3352
9.2431
9.2790
9.1833

12.1923
12.4971
12.4642
12.3709
12.5119

123.6825
125.9385
127.0120
129.3399
135.0212

1.9399
1.9696
1.9616
1.9489
1.9412

9.2831
9.2671
9.1800
9.1277
9.0573

12.9878
13.3171
13.9104
14.0581
13.9101

10.5012
10.6358
10.6770
10.7065
10.6524

1.5225
1.5141
1.4992
1.4992
1.4880

1.5719
1.6116
1.6079
1.5961
1.6144

2013 Jan
Feb
Mar
Apr
May
Jun

82.1785
79.7221
79.1298
80.1762
80.4891
81.0387

1.2000
1.1594
1.1634
1.1750
1.1777
1.1740

1.5197
1.5013
1.4577
1.4756
1.5442
1.6409

1.5835
1.5631
1.5447
1.5607
1.5599
1.5974

8.9535
8.6490
8.6731
8.7602
8.7784
8.7557

12.3721
12.0038
11.6979
11.8901
11.8638
12.0114

142.0967
144.0829
142.8886
150.0386
154.3357
150.6311

1.9065
1.8458
1.8204
1.8058
1.8567
1.9590

8.8639
8.6105
8.7140
8.8697
8.8962
9.1009

14.0508
13.7443
13.8587
13.9343
14.3161
15.4885

10.3490
9.8615
9.7122
9.9301
10.0914
10.2073

1.4743
1.4257
1.4267
1.4339
1.4616
1.4463

1.5957
1.5478
1.5076
1.5316
1.5285
1.5478

Jul
Aug
Sep
Oct
Nov

80.0201
80.9598
82.7244
82.6415
83.5486

1.1600
1.1649
1.1883
1.1797
1.1938

1.6568
1.7161
1.7083
1.6913
1.7288

1.5792
1.6134
1.6424
1.6677
1.6893

8.6513
8.6881
8.8626
8.7993
8.9045

11.7684
12.0265
12.3024
12.4787
12.4844

151.2256
151.5566
157.4054
157.3514
161.3061

1.9242
1.9591
1.9490
1.9286
1.9514

9.1441
9.2514
9.4827
9.5758
9.8108

15.0442
15.5963
15.8265
15.9404
16.4436

10.0384
10.1380
10.3109
10.3165
10.6060

1.4345
1.4361
1.4658
1.4528
1.4704

1.5172
1.5507
1.5865
1.6094
1.6104

See Chapter 7 of the Financial Statistics Explanatory Handbook for fur ther
information.
1 January 2005=100
2 This table replaces G3 of the Monthly Review of External Trade Statistics
publication, which has now been discontinued.

Source: Bank of England

RESTRICTED STATISTICS until 9.30am on Thursday 9th January 2014.

17R

SUMMARY OF REVISIONS
Balance of Payments Basis

Trade in goods

Trade in services

Trade in goods & services

Million (seasonally adjusted)

Million (seasonally adjusted)

Million (seasonally adjusted)

Growth rates for volume and price indices


(2010=100)
Volume excluding oil
and erratics

Prices

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Expor ts

Impor ts

BOKG

BOKH

BOKI

IKBB

434

IKBC

570

IKBD

1 004

IKBH

434

IKBI

570

IKBJ

1 004

2011 Q1
Q2
Q3
Q4

2012 Q1
Q2
Q3
Q4

68
6
319
189

134
306
424
294

66
300
743
105

68
6
319
189

134
306
424
294

66
300
743
105

2013 Q1
Q2
Q3

178
394
1 790

66
125
991

244
519
2 781

178
394
1 790

66
125
991

244
519
2 781

2011 Feb
Mar
Apr
May
Jun

Jul
Aug
Sep
Oct
Nov
Dec

2012 Jan
Feb
Mar
Apr
May
Jun

15
24
29
30
7
31

24
46
64
77
97
132

9
22
35
47
90
163

15
24
29
30
7
31

24
46
64
77
97
132

9
22
35
47
90
163

Jul
Aug
Sep
Oct
Nov
Dec

82
114
123
113
71
5

173
163
88
34
121
139

255
277
211
79
50
134

82
114
123
113
71
5

173
163
88
34
121
139

255
277
211
79
50
134

2013 Jan
Feb
Mar
Apr
May
Jun

71
83
24
95
161
138

82
14
30
32
32
61

153
97
6
127
193
199

71
83
24
95
161
138

82
14
30
32
32
61

153
97
6
127
193
199

Jul
Aug
Sep
Oct
Nov

194
..

113
..

81
..

386
667
737
577
..

275
358
358
381
..

661
1 025
1 095
958
..

386
667
737
383
..

275
358
358
494
..

661
1 025
1 095
877
..

1.1
..

0.8
..

0.1
..

0.2
..

2012 Jun

Jul
Aug
Sep
Oct
Nov
Dec

2013 Jan
Feb
Mar
Apr
May
Jun

Jul
Aug
Sep
Oct
Nov

0.3
..

0.3
..

0.1
..

0.1
..

2010
2011
2012

3 month on 3 month comparison:

Earliest date for revisions to trade in goods is October 2013.

Earliest date for revisions to trade in services is Januar y 2012.

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