A monetary-based measurement of the difference between exports and imports. Exports surpassing imports means a surplus and is healthy for the economy. Imports being more than exports is regarded as a deficit
UK Trade Balance
UK Trade Balance widened on a monthly basis for the month of May 2017 by 11.89% compared with the previous month. Results were reported at -£11.86 billion, declining from previous values of -£10.60 billion and missing expectations of -£10.80 billion. Balance of Trade in the United Kingdom peaked at an all-time high point of £2.95 billion in March of 1981 and hit rock-bottom at -£6.06 billion in November of 2013.
