Net trade in goods and services in United Kingdom
United Kingdom: Net trade in goods and services was -50.83 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods and services in United Kingdom, 1970–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in United Kingdom is -50.83 billion BoP, current US$, measured in 2025.
That represents a change of down 90.0% on the previous year and down 14.4% over ten years.
Over the whole period, net trade in goods and services in United Kingdom peaked at 14.66 billion BoP, current US$ in 1981 and was at its lowest, -60.00 billion BoP, current US$, in 2007.
United Kingdom ranks 196th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in United Kingdom, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 976.80 million BoP, current US$ | — |
| 1971 | 1.86 billion BoP, current US$ | +89.9% |
| 1972 | -285.45 million BoP, current US$ | -115.4% |
| 1973 | -4.58 billion BoP, current US$ | +1502.9% |
| 1974 | -9.99 billion BoP, current US$ | +118.4% |
| 1975 | -4.37 billion BoP, current US$ | -56.3% |
| 1976 | -2.74 billion BoP, current US$ | -37.3% |
| 1977 | 1.65 billion BoP, current US$ | -160.3% |
| 1978 | 4.06 billion BoP, current US$ | +145.8% |
| 1979 | 1.33 billion BoP, current US$ | -67.2% |
| 1980 | 11.87 billion BoP, current US$ | +792.2% |
| 1981 | 14.66 billion BoP, current US$ | +23.5% |
| 1982 | 8.47 billion BoP, current US$ | -42.2% |
| 1983 | 3.42 billion BoP, current US$ | -59.6% |
| 1984 | -1.51 billion BoP, current US$ | -144.2% |
| 1985 | 4.39 billion BoP, current US$ | -390.4% |
| 1986 | -4.96 billion BoP, current US$ | -212.9% |
| 1987 | -8.09 billion BoP, current US$ | +63.2% |
| 1988 | -30.35 billion BoP, current US$ | +275.0% |
| 1989 | -34.63 billion BoP, current US$ | +14.1% |
| 1990 | -24.86 billion BoP, current US$ | -28.2% |
| 1991 | -10.89 billion BoP, current US$ | -56.2% |
| 1992 | -13.63 billion BoP, current US$ | +25.1% |
| 1993 | -9.58 billion BoP, current US$ | -29.7% |
| 1994 | -6.98 billion BoP, current US$ | -27.1% |
| 1995 | -4.89 billion BoP, current US$ | -30.0% |
| 1996 | -3.66 billion BoP, current US$ | -25.0% |
| 1997 | 2.90 billion BoP, current US$ | -179.1% |
| 1998 | -11.83 billion BoP, current US$ | -508.2% |
| 1999 | -17.19 billion BoP, current US$ | +45.3% |
| 2000 | -19.77 billion BoP, current US$ | +15.0% |
| 2001 | -28.42 billion BoP, current US$ | +43.8% |
| 2002 | -42.33 billion BoP, current US$ | +48.9% |
| 2003 | -43.64 billion BoP, current US$ | +3.1% |
| 2004 | -55.76 billion BoP, current US$ | +27.8% |
| 2005 | -54.36 billion BoP, current US$ | -2.5% |
| 2006 | -50.96 billion BoP, current US$ | -6.3% |
| 2007 | -60.00 billion BoP, current US$ | +17.7% |
| 2008 | -52.18 billion BoP, current US$ | -13.0% |
| 2009 | -30.18 billion BoP, current US$ | -42.2% |
| 2010 | -38.93 billion BoP, current US$ | +29.0% |
| 2011 | -21.21 billion BoP, current US$ | -45.5% |
| 2012 | -26.81 billion BoP, current US$ | +26.4% |
| 2013 | -39.79 billion BoP, current US$ | +48.4% |
| 2014 | -59.36 billion BoP, current US$ | +49.2% |
| 2015 | -44.42 billion BoP, current US$ | -25.2% |
| 2016 | -50.80 billion BoP, current US$ | +14.3% |
| 2017 | -35.92 billion BoP, current US$ | -29.3% |
| 2018 | -39.58 billion BoP, current US$ | +10.2% |
| 2019 | -39.83 billion BoP, current US$ | +0.6% |
| 2020 | 13.85 billion BoP, current US$ | -134.8% |
| 2021 | 1.42 billion BoP, current US$ | -89.7% |
| 2022 | -38.78 billion BoP, current US$ | -2832.0% |
| 2023 | -40.13 billion BoP, current US$ | +3.5% |
| 2024 | -26.76 billion BoP, current US$ | -33.3% |
| 2025 | -50.83 billion BoP, current US$ | +90.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.21 billion BoP, current US$ | -9.99 billion BoP, current US$ | 4.06 billion BoP, current US$ | 10 |
| 1980s | -3.67 billion BoP, current US$ | -34.63 billion BoP, current US$ | 14.66 billion BoP, current US$ | 10 |
| 1990s | -10.06 billion BoP, current US$ | -24.86 billion BoP, current US$ | 2.90 billion BoP, current US$ | 10 |
| 2000s | -43.76 billion BoP, current US$ | -60.00 billion BoP, current US$ | -19.77 billion BoP, current US$ | 10 |
| 2010s | -39.67 billion BoP, current US$ | -59.36 billion BoP, current US$ | -21.21 billion BoP, current US$ | 10 |
| 2020s | -23.54 billion BoP, current US$ | -50.83 billion BoP, current US$ | 13.85 billion BoP, current US$ | 6 |
Countries ranked near United Kingdom
- 193 Pakistan -34.03 billion BoP, current US$ compare
- 194 Egypt -38.62 billion BoP, current US$ compare
- 195 Ukraine -38.78 billion BoP, current US$ compare
- 197 Philippines -53.42 billion BoP, current US$ compare
- 198 India -101.35 billion BoP, current US$ compare
- 199 United States -911.70 billion BoP, current US$ compare
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- GDP (current US$), annual growth rate 8.31 % change on previous year (2025)
- GDP (current US$), per capita 57,602 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.13 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.7595 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 43,747 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.39 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8406 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 48,422 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net trade in goods and services in United Kingdom?
- Net trade in goods and services in United Kingdom was -50.83 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in United Kingdom?
- The highest recorded value was 14.66 billion BoP, current US$ in 1981.
- What is the lowest net trade in goods and services recorded in United Kingdom?
- The lowest recorded value was -60.00 billion BoP, current US$ in 2007.
- How does United Kingdom rank for net trade in goods and services?
- United Kingdom ranks 196th out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in United Kingdom?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.