Reino Unido Balanza Comercial

The UK's trade deficit rose slightly to £2.291 billion in February 2024 from a revised £2.205 billion in January, as total exports fell by 0.1% to a five-month low of £71.13 billion, and total imports were flat at £73.42 billion. Goods shipments fell by 0.8%, with exports to the EU experiencing a 2.1% decline, as reduced sales of fuel and chemicals more than offset higher exports of miscellaneous manufactures, machinery, and transport equipment. Conversely, shipments to non-EU countries increased by 0.3%, primarily driven by the rise in exports of material manufactures, notably to India. Meanwhile, goods imports decreased by 0.3%, led by a 2% drop in purchases from non-EU countries, particularly gas and medicines from the US. Imports from the EU rose by 1%, boosted by purchases of machinery and transport equipment imports, namely ships from Italy and mechanical machinery from Germany. In the meantime, services exports rose by 0.4% and services imports increased by 0.5%.