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UK Trade

May 2011
Date: 12 July 2011
Coverage: United Kingdom

Theme: The Economy

The UKs seasonally adjusted deficit on trade in goods and services was 4.1 billion in May,
compared with the deficit of 3.1 billion in April.
The seasonally adjusted deficit on trade in goods was 8.5 billion in May, compared with the deficit
of 7.6 billion in April.
The seasonally adjusted surplus on trade in services was estimated at 4.4 billion in May,
compared with the surplus of 4.5 billion in April.
Excluding oil and erratic items, the seasonally adjusted volume of exports was 1.9 per cent higher
and the volume of imports was 6.0 per cent higher in May, compared with April.
Export prices of goods fell by 1.7 per cent and import prices of goods fell by 0.4 per cent, compared
with April.
UK Trade Balance
Balance of trade

Balance of

in goods
EU

Non-EU

trade in
services

World

Total trade
balance

Seasonally adjusted: billion


2010

May

-3.5

-4.4

-7.9

3.8

-4.0

2011

Mar

-3.2

-4.5

-7.7

4.8

-2.9

Apr

-3.1

-4.5

-7.6

4.5

-3.1

May

-3.4

-5.1

-8.5

4.4

-4.1

NOTE: Trade in services estimates are included to give a more complete picture of UK trade. These estimates have been derived
from a number of sources, and some components are based on recent trends. They should be used with appropriate caution.
Balance of UK trade

Balance of UK trade in goods

Seasonally adjusted
billion

Seasonally adjusted
billion

2010

2011

2010

May

Mar

Jan

Nov

Sep

Jul

May

Mar

May

Mar

Jan

Nov

Sep

Jul

May

2
0
-2
-4
-6
-8
-10
-12
Mar

2
0
-2
-4
-6
-8
-10
-12

2011

Statistical Bulletin: UK trade - May 2011 | Page 2

Value of total trade in goods (seasonally adjusted)


In May, the UKs deficit on trade in goods widened by 0.8 billion to 8.5 billion, compared with the
deficit of 7.6 billion in April.
Total exports rose by 1.0 billion (4.2 per cent) to 25.4 billion, and total imports rose by 1.8 billion
(5.8 per cent) to 33.8 billion. At the commodity level:
Change in key commodity value, May 11 compared with April 11
Exports (m)

Imports (m)

Oil (see page 8 trade in oil)

+109

-284

Cars

-296

-6

-33

+193

Consumer goods other than cars


Intermediate goods

+52

+343

Capital goods

+183

+85

Chemicals

+202

+701

+6

+190

Semi-manufactured goods other than chemicals

+359

Silver (see page 11, Interpreting the Data)

In the three months ended May, the deficit on trade in goods narrowed by 0.6 billion to 23.8
billion, compared with the deficit of 24.4 billion in the three months ended February.
Total exports rose by 0.7 billion (1.0 per cent) to 74.3 billion, and total imports rose by 0.1 billion
(0.1 per cent) to 98.1 billion. At the commodity level:
Change in key commodity value, March 11 May 11 compared with December 10 February 11
Exports (m)

Imports (m)

+1 130

+1 214

Cars

-137

+313

Consumer goods other than cars

-338

-92

Intermediate goods

-624

-64

Capital goods

-338

-626

Chemicals

+370

+641

+25

-237

Oil (see page 8 trade in oil)

Semi-manufactured goods other than chemicals


Fuels Other than oil (see page 11 Interpreting the Data)

+587

Precious Stones (see page 11 Interpreting the Data)

+ 466

Aircraft (see page 11 Interpreting the Data)

-1 063

Value of UK trade in goods

Value of UK trade in goods excluding oil

Seasonally adjusted
billion

Seasonally adjusted
billion

2010

2011

Imports

2010

May

Mar

Jan

Nov

Sep

Exports

Jul

May

Mar

Jan

Nov

Sep

Jul

May

Mar

Exports

40
35
30
25
20
15
10
5
0
May

Imports

Mar

40
35
30
25
20
15
10
5
0

2011

Statistical Bulletin: UK trade - May 2011 | Page 3

Trade in goods EU analysis (seasonally adjusted)


In May, the deficit on trade in goods with EU countries widened by 0.2 billion to 3.4 billion,
compared with the deficit of 3.1 billion in April.
EU exports rose by 1.1 billion (8.6 per cent) to 14.1 billion, and EU imports rose by 1.3 billion
(8.4 per cent) to 17.4 billion. At the commodity level:
Change in key commodity value, May 11 compared with April 11
Exports (m)

Imports (m)

+248

+67

Oil (see page 8 trade in oil)


Cars

-29

+71

Consumer goods other than cars

+43

+101

+65

+329

Intermediate goods
Capital goods

+156

+82

Chemicals

+157

+334

+12

+78

Semi-manufactured goods other than chemicals

In the three months ended May, the deficit on trade in goods with EU countries narrowed by 2.3
billion to 9.7 billion, compared with the deficit of 12.0 billion in the three months ended February.
EU exports rose by 2.2 billion (5.8 per cent) to 40.3 billion, but EU imports fell by 0.1 billion (0.1
per cent) to 50.1 billion. At the commodity level:
Change in key commodity value, March 11 May 11 compared with December 10 February 11
Exports (m)
Imports (m)
Oil (see page 8 trade in oil)
Cars
Consumer goods other than cars
Intermediate goods
Capital goods
Chemicals

+770

+313

-59

+367

+7

+3

+153

+103

-1

-371

+518

+255

Semi-manufactured goods other than chemicals

+182

+95

Fuels Other than oil ( see page 11 Interpreting the Data)

+597

-519

Balance of trade in goods EU countries


Seasonally adjusted
billion

1
0
-1
-2
-3
-4

2010

2011

May

Mar

Jan

Nov

Sep

Jul

May

Mar

-5

Statistical Bulletin: UK trade - May 2011 | Page 4

Trade in goods non-EU analysis (seasonally adjusted)


In May, the deficit on trade in goods with non-EU countries widened by 0.6 billion to 5.1 billion,
compared with the deficit of 4.5 billion in April.
Non-EU exports fell by 0.1 billion (0.9 per cent) to 11.3 billion, but non-EU imports rose by 0.5
billion (3.2 per cent) to 16.4 billion. At the commodity level:
Change in key commodity value, May 11 compared with April 11
Exports (m)

Imports (m)

Oil (see page 8 trade in oil)

-139

-351

Cars

-267

-77

-76

+92

Intermediate goods

-13

+14

Capital goods

+27

+3

Chemicals

+45

+367

-6

+112

Consumer goods other than cars

Semi-manufactured goods other than chemicals


Silver (see page 11, Interpreting the data)

+243

In the three months ended May, the deficit on trade in goods with non-EU countries widened
by 1.7 billion to 14.1 billion, compared with the deficit of 12.4 billion in the three months ended
February.
Non-EU exports fell by 1.5 billion (4.3 per cent) to 34.0 billion, but non-EU imports rose by 0.2
billion (0.4 per cent) to 48.1 billion. At the commodity level:
Change in key commodity value, March 11 May 11 compared with December 10 February 11
Exports (m)
Imports (m)
+360

Oil (see page 8 trade in oil)


Cars

+901

-78

-54

Consumer goods other than cars

-345

-95

Intermediate goods

-777

-167

Capital goods

-337

-255

Chemicals

-148

+386

Semi-manufactured goods other than chemicals

-157

-332

Precious stones (see page 11, Interpreting the Data)

+495

Aircraft (see page 11, Interpreting the Data)

-1 175

Balance of trade in goods non-EU countries


Seasonally adjusted
billion

2010

May

Mar

Jan

Nov

Sep

Jul

May

Mar

1
0
-1
-2
-3
-4
-5
-6

2011

Statistical Bulletin: UK trade - May 2011 | Page 5

Trade in goods one month geographical analysis (seasonally adjusted)


May 2011 compared with April 2011
Within the EU countries, exports to Germany rose by 0.4 billion, exports to France rose by 0.3
billion and exports to Belgium/Luxembourg rose by 0.2 billion. Among Non-EU countries, exports
to India rose by 0.2 billion. (See page 11, Interpreting the Data).
Within the EU countries, imports from Germany rose by 0.2 billion. Among Non-EU countries,
imports from Norway fell by 0.5 billion. (See page 11, Interpreting the Data).

Change in monthly trade with significant partner countries, May 2011 compared with April 20111
Exports (m)

1
2
3
4
5
6
7
8
9
10
1

USA
Germany
France
Netherlands
Belgium-Luxembourg
Irish Republic
Spain
Italy
China
Sweden

May 11

1 month

Value

Change

3 424
2 924
2 164
1 786
1 545
1 502
837
827
705
564

+108
+432
+314
-176
+216
-40
+13
+20
+35
+45

Germany
China
USA
Netherlands
France
Belgium/Luxembourg
Norway
Italy
Irish Republic
Spain

1
2
3
4
5
6
7
8
9
10

Imports (m)
May 11

1 month

value

Change

4 333
2 531
2 459
2 329
1 982
1 906
1 828
1 147
1 038
948

+218
+86
-20
+34
+198
+156
-495
+61
+142
+63

Significant trading partners defined as top 10 export markets & import sources 2010 (see Monthly Review of External Trade table G1).

Significant Partner Country 1 Month Balances


May 11, seasonally adjusted,
billion
Germany
USA
Netherlands
France
China
Belgium/Lux
Irish Republic
Italy
Spain
Norway
Sweden

-2

-1

Statistical Bulletin: UK trade - May 2011 | Page 6

Trade in goods three monthly geographical analysis (seasonally adjusted)


Three months ended May 2011 compared with the three months ended February 2011
Within the EU countries, exports to Belgium/Luxembourg and France both rose by 0.5 billion and
exports to Germany rose by 0.4 billion. Among Non-EU countries, exports to the USA fell by 0.5
billion. (See page 11, Interpreting the Data).

Within the EU countries, imports from Belgium/Luxembourg rose by 0.5 billion but imports from
the Irish Republic fell by 0.4 billion. Among Non-EU countries, imports from Russia rose by 1.0
billion, and imports from Canada rose by 0.4 billion. Imports from China fell by 0.5 billion. (See
page 11, Interpreting the Data).

Change in 3 monthly trade with significant partner countries, Mar May 11 compared with Dec 10 Feb 111
Exports (m)
Imports (m)

1
2
3
4
5
6
7
8
9
10
1

Mar - May

3 month

Mar - May

3 month

Value

Change

Value

Change

12 450
7 376
7 340
6 914
6 351
5 666
5 370
3 456
2 971
2 788

+71
-470
-134
-239
+50
-154
+468
-75
-439
-36

USA
Germany
France
Netherlands
Irish Republic
Belgium-Luxembourg
Italy
Spain
China
Sweden

10 114
8 030
5 806
5 569
4 460
4 156
2 619
2 536
2 064
1 637

-546
+418
+460
+74
+88
+477
+257
+52
-99
+96

Germany
China
USA
Netherlands
Norway
France
Belgium/Luxembourg
Italy
Irish Republic
Spain

1
2
3
4
5
6
7
8
9
10

Significant trading partners defined as top 10 export markets & import sources 2010 (see Monthly Review of External Trade table G1).

Significant Partner Country 3 Month Balances


Mar - May 11, seasonally adjusted
billion

Germany
USA
Netherlands
France
China
Belgium/Lux
Irish Republic
Italy
Spain
Norway
Sweden

-6

-4

-2

Statistical Bulletin: UK trade - May 2011 | Page 7

Volume of total trade in goods, excluding oil and erratics (seasonally adjusted)
In May, the volume of exports rose by 1.9 per cent, and the volume of imports rose by 6.0 per cent,
compared with April. At the commodity level:
Change in key commodity volume, May 11 compared with April 11
Exports

Imports

% change

% change

Food, beverages and tobacco


Basic materials
Semi manufactured goods; of which
Chemicals
Semi-manufactured goods other than chemicals
Finished manufactured goods; of which

+1.6

+4.0

+26.2

+9.6

+1.8

+12.9

+2.4

+20.4

0.0

+3.2

0.0

+3.4

Cars

-9.6

-0.9

Consumer goods other than cars

+1.1

+4.6

Intermediate goods

+1.2

+7.1

Capital goods

+6.0

0.0

In the three months ended May, the volume of exports fell by 1.5 per cent and the volume of
imports fell by 1.1 per cent, compared with the three months ended February. At the commodity
level:
Change in commodity volume, March May 11 compared with December 10 February 11
Exports
% change
Food, beverages and tobacco
Basic materials
Semi manufactured goods; of which

Imports
% change

-0.5

+1.0

+11.6

-11.0

+0.3

0.3

Chemicals

+1.1

+4.4

Semi-manufactured goods other than chemicals

-2.9

-4.0

-4.2

-0.4

Cars

-2.9

+5.6

Consumer goods other than cars

-4.7

-0.9

Intermediate goods

-5.7

-0.4

Capital goods

-3.7

-3.3

Finished manufactured goods; of which

Volume of exports of goods (finished manufactures)


% change Mar May 11, compared with Dec 10 Feb 11,
seasonally adjusted

Volume of imports of goods (finished manufactures)


% change Mar May 11, compared with Dec 10 Feb 11,
seasonally adjusted

Cars

Cars

Consumer

Consumer

Intermediate

Intermediate

Capital

Capital

-10

-5

10

-10

-5

10

Statistical Bulletin: UK trade - May 2011 | Page 8

Export and import prices for trade in goods (not seasonally adjusted)
In May, export prices fell by 1.7 per cent and import prices fell by 0.4 per cent, compared with April.
This led to a decrease in the terms of trade. Excluding the oil price effect, export prices fell by 1.1
per cent but import prices rose by 0.9 per cent.
In the three months ended May, export prices rose by 3.6 per cent and import prices rose by 2.9
per cent. This led to an increase in the terms of trade. Excluding the oil price effect, export prices
rose by 1.8 per cent and import prices rose by 1.2 per cent.
Export and import prices (goods)

Export and import prices (goods) excluding oil price effect

Not seasonally adjusted

Not seasonally adjusted

2006 = 100

2006 = 100

140
135
130
125
120
115
110
105
100

2010

Imports

2011

2010

May

Mar

Jan

Nov

Sep

Exports

Mar

May

Mar

Jan

Nov

Sep

Jul

May

Mar

Exports

Jul

Imports

May

140
135
130
125
120
115
110
105
100

2011

Trade in oil (seasonally adjusted)


In May, the balance on trade in oil was in deficit by 0.5 billion, compared with a deficit of 0.9
billion in April. Oil exports rose by 0.1 billion to 3.4 billion, but oil imports fell by 0.3 billion to
3.9 billion.
In the three months ended May, the balance on trade in oil was in deficit by 1.8 billion, unchanged
from the three months ended February. Oil exports rose by 1.1 billion to 10.2 billion, and oil
imports rose by 1.2 billion to 12.0 billion.
Balance on trade in oil
Seasonally adjusted

billion

0.5
0
-0.5
-1

2010

2011

May

Mar

Jan

Nov

Sep

Jul

May

Mar

-1.5

Statistical Bulletin: UK trade - May 2011 | Page 9

Trade in services (seasonally adjusted)


In May, the UKs estimated surplus on trade in services narrowed by 0.1 billion to 4.4 billion,
compared with a surplus of 4.5 billion in April.
Exports rose by 0.1 billion (1.0 per cent) to 13.9 billion, and imports rose by 0.2 billion (2.4 per
cent) to 9.5 billion.
In the three months ended May, the estimated surplus on trade in services widened by 0.3 billion
to 13.7 billion, compared with the surplus of 13.4 billion in the three months ended February.
Total exports rose by less than 0.1 billion (0.1 per cent) to 41.5 billion, but total imports fell by
0.2 billion (0.8 per cent) to 27.8 billion.
Value of UK trade in services
Seasonally adjusted
billion

16
14
12
10
8
6
4
2
0

Exports

2010

2011

May

Mar

Jan

Nov

Sep

Jul

May

Mar

Imports

Statistical Bulletin: UK trade - May 2011 | Page 10

UK Trade records page for May 2011


million seasonally adjusted
Latest value
Total goods and services
1 month

Last time lower

Last time higher

Record

Comment

exports

IKBH

39 240

38 090 (Apr 11)

Never

39 240 (May 11)

Record exports

imports

IKBI

43 300

41 230 (Apr 11)

Never

43 300 (May 11)

Record imports

balance

IKBJ

-4 060

-5 475 (Dec 10)

-5 964 (Aug 05)

Record linked to
Hurricane Katrina

3 month aggregate exports

IKBH

115 817

115 460 (3M to Apr 11)

116 111 (3M to Mar 11)

116 111 (3M to Mar 11)

imports

IKBI

125 960

123 745 (3M to Apr 11)

126 044 (3M to Feb 11)

127 007 (3M to Jan 11)

balance

IKBJ

-10 143

-10 989 (3M to Feb 11)

-8 285 (3M to Apr 11)

-14 225 (3M to Dec 10)

exports

BOKG

25 358

24 345 (Apr 11)

25 358 Never

25 358 (May 11)

Record exports

imports

BOKH

33 836

31 988 (Apr 11)

33 836 Never

33 836 (May 11)

Record imports

balance

BOKI

-8 478

-9 888 (Dec 10)

-7 643 (Apr 11)

-9 888 (Dec 10)

3 month aggregate exports

BOKG

74 319

74 010 (3M to Apr 11)

74 647 (3M to Mar 11)

74 647 (3M to Mar 11)

imports

BOKH

98 148

96 216 (3M to Apr 11)

98 402 (3M to Jan 11)

98 402 (3M to Jan 11)

balance

BOKI

-23 829

-24 408 (3M to Feb 11)

-22 206 (3M to Apr 11)

-27 193 (3M to Dec 10)

exports

LGCK

14 055

12 944 (Apr 11)

15 375 (May 06)

15 375 (May 06)

imports

LGDC

17 424

16 079 (Apr 11)

18 020 (May 06)

18 020 (May 06)

balance

LGCG

-3 369

-4 123 (Feb 11)

-3 135 (Apr 11)

-4 152 (Dec 10)

3 month aggregate exports

LGCK

40 340

38 675 (3M to Apr 11)

40 700 (3M to Jul 06)

45 727 (3M to May 06)

imports

LGDC

50 057

49 146 (3M to Apr 11)

50 128 (3M to Feb 11)

52 915 (3M to May 06)

balance

LGCG

-9 717

-10 471 (3M to Apr 11)

-8 940 (3M to Sep 09)

-12 012 (3M to Feb 11)

exports

LGDY

11 303

11 275 (Mar 11)

11 401 (Apr 11)

12 659 (Feb 11)

imports

LGER

16 412

15 909 (Apr 11)

16 661 (Dec 10)

16 661 (Dec 10)

balance

LGDT

-5 109

-5 736 (Dec 10)

-4 508 (Apr 11)

-5 736 (Dec 10)

3 month aggregate exports

LGDY

33 979

33 618 (3M to Jan 11)

35 335 (3M to Apr 11)

35 838 (3M to Mar 11)

imports

LGER

48 091

47 070 (3M to Apr 11)

48 416 (3M to Jan 11)

48 416 (3M to Jan 11)

balance

LGDT

-14 112

-14 798 (3M to Jan 11)

-11 735 (3M to Apr 11)

-15 703 (3M to Dec 10)

-3 140 (Apr 11)

Total goods2
1 month

Goods EU3
1 month

Goods non-EU3
1 month

1. Annual goods data from 1946, Quarterly data from quarter one 1955, Monthly data from January 1980. Monthly services data from January 1992.
2. Data from 1697 - although not on a comparable basis
3. EU/Non-EU goods data from January 1998

Statistical Bulletin: UK trade - May 2011 | Page 11

Background notes
Whats new?
1.

ONS are postponing the July 2011 UK Trade Statistical Bulletin,


scheduled for release on Friday 9 September, until Tuesday 13
September to allow additional time for quality assurance following a
change in the publication process.
Additionally, the August 2011 UK Trade Statistical Bulletin, scheduled for
release on Tuesday 11 October, has been postponed until Thursday 13
October to allow for additional time for quality assurance of data after
changes to the Classification of Products by Activity (CPA) classification.
Upcoming Changes

2.

The quarterly GDP and Balance of Payments datasets consistent with


Blue Book and Pink Book 2011 are due to be published on 5th October.
Blue Book and Pink Book 2011 are due to be published on 1st November.
An article on the content of Blue Book 2011 has been produced and can
be found at the link below:
www.statistics.gov.uk/articles/nojournal/BB11-ELMR.pdf

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 2011.
http://www.ons.gov.uk/about-statistics/ns-standard/cop/index.html

Understanding the data


1.

Short Guide to UK Trade


http://www.statistics.gov.uk/cci/nugget.asp?ID=281

2.

Interpreting the data


Monthly commodity movements for Food, beverages and 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).

Statistical Bulletin: UK trade - May 2011 | Page 12

Monthly country movements are only detailed in this Statistical Bulletin


where they are equal to or exceed 200 million (400 million for three
monthly comparisons).
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.
3.

Definitions and explanations


A glossary of terms is published in the UK Balance of Payments (Pink
Book).
http://www.statistics.gov.uk/statbase/product.asp?vlnk=1140

4.

Use of the data


UK Trade is a key economic indicator due to the importance of

Statistical Bulletin: UK trade - May 2011 | Page 13

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.
5.

Notes on tables rounding: The sum of constituent items in tables do


not always agree exactly with the totals shown due to rounding.
Symbols
..

Not applicable

Nil or less than half the final digit shown.

Methods
1.

Composition of the data


Detailed methodological notes are published in the UK Balance of
Payments (Pink Book).
http://www.statistics.gov.uk/statbase/product.asp?vlnk=1140

2.

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.

3.

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.
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

Statistical Bulletin: UK trade - May 2011 | Page 14

re-weighted 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 (2006) 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.

4.

A paper entitled Overseas Trade Statistics Methodology describing the


basis on which trade in goods statistics are compiled is available on the
UK Trade Info website:
https://www.uktradeinfo.com/pagecontent/documents/OTSMethodology07
10.pdf
A further paper 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 National Statistics website:
http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=14943
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.

Quality
1.

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. More details of the
data sources, estimation methodology and reliability of the monthly

Statistical Bulletin: UK trade - May 2011 | Page 15

estimates of trade in services were set out in Economic Trends (January


1996 and September 1997).
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 February 2005 at
http://www.statistics.gov.uk/cci/article.asp?id=1063. The table covers
estimates of UK trade first published from July 2005 (for May 2005) to
June 2010 (for April 2010). A spreadsheet giving these estimates and the
calculations behind the averages in the table is available on the National
Statistics website at
http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=1119.
Revisions Analysis

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)

39 240

889

1 145

Total trade imports (IKBI)

43 300

709

1 067

Total trade balance (IKBJ)

-4 060

187

509

An article 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 National Statistics website
at:
http://www.statistics.gov.uk/elmr/05_07/downloads/ELMR_May07.pdf.
More information about revisions material in this Statistical Bulletin can be
found on the National Statistics website:
http://www.statistics.gov.uk/cci/article.asp?ID=793.
Coherence - EU enlargement and country coverage: Two more
countries joined the EU from 1 January 2007. These countries were
Bulgaria and Romania. In addition, the coverage of the Economic and
Monetary Union (EMU) countries was extended to include Slovenia. In

Statistical Bulletin: UK trade - May 2011 | Page 16

order to enable users to make long-run comparisons, data for the new
definition EU and non-EU was produced from January 1998 onwards for
value, and from January 1999 onwards for volume and price indices. At
the same time data for the old definitions were no longer maintained.
There are additional series for country groupings on the old definitions.
The coverage of EMU countries was extended to cover Cyprus and Malta
from March 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 from the Statbase service may be
less reliable than the current price data. Please consult Marilyn Thomas
on 01633 455708 if you are considering using them.
Data have been combined for the United States and Puerto Rico, and for
Dubai, Abu Dhabi, and Sharjah (the United Arab Emirates) from January
2009 onwards. Estimates are separately available for the United States
and Dubai up till the end of 2008 on request.
Coherence - classifications and definitions. The Overseas Trade
Statistics (OTS), on which the BoP trade data are based, have been
compiled under the United Nations Standard International Trade
Classification Revision 4 (SITC R4) from January 2007 but the data have
been converted back to SITC R3 for this Statistical Bulletin and the
Monthly Review of External Trade Statistics (MRETS) publication to help
users compare data over time. There are some discontinuities at detailed
levels, particularly between capital and intermediate goods where some
products are allocated from January 2007 to intermediate goods rather
than capital goods as done previously. It is also possible that volume and
price changes between 2006 and 2007 may be less reliable than for other
periods.
2.

Summary quality report


A Summary Quality Report for this Statistical Bulletin and associated data
can be found on the National Statistics website at:
http://www.statistics.gov.uk/CCI/article.asp?ID=1723.

3.

National Accounts revisions policy


National Accounts revision policy is included here:
www.statistics.gov.uk/about/methodology_by_theme/revisions_policies/do
wnloads/NA_Revisions_Policy.pdf

Statistical Bulletin: UK trade - May 2011 | Page 17

4.

Revisions
Table 14R shows revisions to the main aggregates since the last Trade
Statistical Bulletin of 9 June 2011. The revisions to trade in goods from
April 2011 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.
Revisions to trade in services data, from January 2010 onwards, bring the
monthly data into line with the Quarterly National Accounts Statistical
Bulletin published on 28 June 2011.

Publication policy
Details of the policy governing the release of new data are available from
the Media Relations Office. Also available is a list of the organisations
given pre-publication access to the contents of this bulletin.

Accessing data
Supplementary commodity data for this Statistical Bulletin (Monthly
Review of External Trade Statistics); and quarterly data analysed by
industry according to the Standard Industrial Classification (UK Trade in
Goods Analysed in Terms of Industries) are also available free of charge
as PDF files on the National Statistics website
(www.statistics.gov.uk/bop).
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. The Time Series Data
service can be accessed at http://www.statistics.gov.uk/timeseries.

Statistical Bulletin: UK trade - May 2011 | Page 18

Next publication: 9 August 2011


Issued by: Office for National Statistics, Government Buildings, Cardiff Road, Newport NP10 8XG
Media contact:
Tel

Media Relations Office


Emergency on-call

Email

0845 6041858

07867 906553

press.office@ons.gsi.gov.uk

Statistical contact:
Tel

Marilyn Thomas

01633 455708

Email

trade.in.goods@ons.gov.uk

Contact us:
Tel

0845 601 3034

Email

info@ons.gov.uk

Website

www.statistics.gov.uk

Twitter

www.twitter.com/statisticsONS

Index to tables

Contents
1
2
3
4
5

Value of UK trade in goods and services


UK trade in goods by area
Volume and price indices (trade in goods)
Growth rates for volume and price indices
Volume indices with countries inside and outside the EU (trade in
goods)
6
Price indices with countries inside and outside the EU (trade in
goods)
7
Trade in oil
8
Value of trade in goods by commodity
9
Volume indices (trade in goods) by commodity
10 Price indices (trade in goods) by commodity
11 Trade in goods with selected EU trading partners
12 Trade in goods with selected non-EU trading partners
13 Trade in goods excluding adjustments to trade associated with
MTIC fraud
14R Summary of revisions

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

Exports

Imports

Balance

Expor ts

Impor ts

Balance

2008
2009
2010

IKBH
422 905
390 893
428 605

IKBI
460 665
420 580
477 906

IKBJ
37 760
29 687
49 301

BOKG
252 086
227 645
265 272

BOKH
345 202
310 010
364 088

BOKI
93 116
82 365
98 816

ELBL
32 212
24 671
31 541

ENXO
38 021
27 682
36 334

ENXQ
5 809
3 011
4 793

ELBM
219 873
202 974
233 731

ENXP
307 181
282 328
327 754

BQKH
87 308
79 354
94 023

2009 Q3
Q4

96 393
101 459

103 532
108 885

7 139
7 426

56 712
60 627

76 425
81 923

19 713
21 296

6 268
7 163

7 413
7 873

1 145
710

50 444
53 464

69 012
74 050

18 568
20 586

2010 Q1
Q2
Q3
Q4

102 733
106 329
107 774
111 769

112 700
118 128
121 084
125 994

9 967
11 799
13 310
14 225

62 341
66 243
66 768
69 920

85 051
89 322
92 602
97 113

22 710
23 079
25 834
27 193

7 614
8 219
7 151
8 557

8 036
8 824
9 584
9 890

422
605
2 433
1 333

54 727
58 024
59 617
61 363

77 015
80 498
83 018
87 223

22 288
22 474
23 401
25 860

2011 Q1

116 111

124 568

8 457

74 647

96 875

22 228

9 534

11 016

1 482

65 113

85 859

20 746

2010 Dec

37 431

42 906

5 475

23 573

33 461

9 888

2 961

3 720

759

20 612

29 741

9 129

2011 Jan
Feb
Mar
Apr
May

38 741
38 883
38 487
38 090
39 240

42 053
41 085
41 430
41 230
43 300

3 312
2 202
2 943
3 140
4 060

24 982
25 049
24 616
24 345
25 358

32 647
31 904
32 324
31 988
33 836

7 665
6 855
7 708
7 643
8 478

3 171
2 927
3 436
3 322
3 431

3 444
3 653
3 919
4 198
3 914

273
726
483
876
483

21 811
22 122
21 180
21 023
21 927

29 203
28 251
28 405
27 790
29 922

7 392
6 129
7 225
6 767
7 995

4.2

5.8

3.3

6.8

4.3

7.7

Percentage change, latest month compared with:


Previous month
3.0
5.0
3 months ended:
2010 May

104 856

117 221

12 365

64 939

88 630

23 691

7 879

8 658

779

57 060

79 972

22 912

2011 Feb

115 055

126 044

10 989

73 604

98 012

24 408

9 059

10 817

1 758

64 545

87 195

22 650

2011 May

115 817

125 960

10 143

74 319

98 148

23 829

10 189

12 031

1 842

64 130

86 117

21 987

1.0

0.1

12.5

11.2

0.6

1.2

14.4

10.7

29.3

39.0

12.4

7.7

Percentage change, latest 3 months compared with:


Previous 3 months
0.7
0.1
Same 3 months last year

10.5

7.5

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
15 118
12 755
16 668

BQBB
15 951
17 221
21 793

BQKW
835
4 466
5 125

BPAO
236 967
214 890
248 604

BQBE
329 249
292 789
342 295

BPBM
92 281
77 899
93 691

BPBL
204 755
190 219
217 063

BQBG
291 228
265 107
305 961

BPAP
86 473
74 888
88 898

IKBB
170 819
163 248
163 333

IKBC
115 463
110 570
113 818

IKBD
55 356
52 678
49 515

2009 Q3
Q4

3 127
3 277

4 066
4 502

939
1 225

53 585
57 350

72 359
77 421

18 774
20 071

47 317
50 187

64 946
69 548

17 629
19 361

39 681
40 832

27 107
26 962

12 574
13 870

2010 Q1
Q2
Q3
Q4

3 964
3 789
3 768
5 147

4 563
5 167
5 283
6 780

599
1 378
1 515
1 633

58 377
62 454
63 000
64 773

80 488
84 155
87 319
90 333

22 111
21 701
24 319
25 560

50 763
54 235
55 849
56 216

72 452
75 331
77 735
80 443

21 689
21 096
21 886
24 227

40 392
40 086
41 006
41 849

27 649
28 806
28 482
28 881

12 743
11 280
12 524
12 968

2011 Q1

4 545

3 847

698

70 102

93 028

22 926

60 568

82 012

21 444

41 464

27 693

13 771

2010 Dec

1 984

2 611

627

21 589

30 850

9 261

18 628

27 130

8 502

13 858

9 445

4 413

2011 Jan
Feb
Mar
Apr
May

1 559
1 562
1 424
1 412
1 987

1 253
1 154
1 440
1 320
1 586

306
408
16
92
401

23 423
23 487
23 192
22 933
23 371

31 394
30 750
30 884
30 668
32 250

7 971
7 263
7 692
7 735
8 879

20 252
20 560
19 756
19 611
19 940

27 950
27 097
26 965
26 470
28 336

7 698
6 537
7 209
6 859
8 396

13 759
13 834
13 871
13 745
13 882

9 406
9 181
9 106
9 242
9 464

4 353
4 653
4 765
4 503
4 418

1.9

5.2

1.7

7.0

1.0

2.4

2008
2009
2010

Percentage change, latest month compared with:


Previous month
40.7
20.2
3 months ended:
2010 May

3 904

4 885

981

61 035

83 745

22 710

53 156

75 087

21 931

39 917

28 591

11 326

2011 Feb

5 105

5 018

87

68 499

92 994

24 495

59 440

82 177

22 737

41 451

28 032

13 419

2011 May

4 823

4 346

477

69 496

93 802

24 306

59 307

81 771

22 464

41 498

27 812

13 686

1.5

0.9

0.2

0.5

0.1

0.8

13.9

12.0

11.6

8.9

4.0

2.7

Percentage change, latest 3 months compared with:


Previous 3 months
5.5
13.4
Same 3 months last year

23.5

11.0

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

Earliest date for revisions to trade in goods is April 2011, and the earliest date
for revisions to trade in services is Januar y 2010.

UK TRADE IN GOODS BY AREA


Balance of Payments basis
million seasonally adjusted
EMU members

Total EU (25)

Total EU (27)

Non-EU

Total

Expor ts Impor ts Balance Exports Imports Balance Expor ts Impor ts Balance Exports Imports Balance Expor ts Impor ts Balance
QAKW QAKX QAKY EGAE EGAF EGAG LGCK LGDC LGCG LGDY LGER LGDT BOKG BOKH
BOKI
126 987 158 181 31 194 140 819 180 057 39 238 141 831 181 070 39 239 110 255 164 132 53 877 252 086 345 202 93 116
111 489 140 594 29 105 123 535 161 173 37 638 124 423 162 139 37 716 103 222 147 871 44 649 227 645 310 010 82 365
125 424 159 173 33 749 140 816 184 194 43 378 141 848 185 645 43 797 123 424 178 443 55 019 265 272 364 088 98 816

2008
2009
2010
2008 Q4

29 610 36 328 6 718 32 947 41 335 8 388 33 169 41 568 8 399 27 226 41 041 13 815 60 395 82 609 22 214

2009 Q1
Q2
Q3
Q4

27 629
26 241
28 115
29 504

34 487
33 489
34 751
37 867

6 858
7 248
6 636
8 363

30 492
29 127
31 169
32 747

39 025
38 322
40 082
43 744

8 533
9 195
8 913
10 997

30 717
29 337
31 387
32 982

39 251
38 538
40 327
44 023

8 534
9 201
8 940
11 041

25 052
25 200
25 325
27 645

37 714
36 159
36 098
37 900

12 662
10 959
10 773
10 255

55 769
54 537
56 712
60 627

76 965
74 697
76 425
81 923

21 196
20 160
19 713
21 296

2010 Q1
Q2
Q3
Q4

30 132
31 667
30 410
33 215

38 025
39 377
39 829
41 942

7 893
7 710
9 419
8 727

33 692
35 340
34 268
37 516

43 799
45 358
46 161
48 876

10 107
10 018
11 893
11 360

33 939
35 606
34 515
37 788

44 137
45 713
46 517
49 278

10 198
10 107
12 002
11 490

28 402
30 637
32 253
32 132

40 914
43 609
46 085
47 835

12 512
12 972
13 832
15 703

62 341
66 243
66 768
69 920

85 051
89 322
92 602
97 113

22 710
23 079
25 834
27 193

2011 Q1

33 825 42 394 8 569 38 503 49 508 11 005 38 809 49 882 11 073 35 838 46 993 11 155 74 647 96 875 22 228

2009 Nov
Dec

9 742 12 635 2 893 10 794 14 566 3 772 10 872 14 657 3 785


9 960 12 764 2 804 11 098 14 791 3 693 11 173 14 884 3 711

9 014 12 155 3 141 19 886 26 812 6 926


9 601 13 079 3 478 20 774 27 963 7 189

2010 Jan
Feb
Mar
Apr
May
Jun

9 733
10 097
10 302
10 592
10 444
10 631

12 457
12 383
13 185
13 402
13 130
12 845

2 724
2 286
2 883
2 810
2 686
2 214

10 852
11 377
11 463
11 718
11 662
11 960

14 354
14 293
15 152
15 331
15 122
14 905

3 502
2 916
3 689
3 613
3 460
2 945

10 935
11 453
11 551
11 801
11 758
12 047

14 455
14 390
15 292
15 450
15 234
15 029

3 520
8 543
2 937
9 881
3 741
9 978
3 649
9 789
3 476 10 062
2 982 10 786

13 228
13 505
14 181
14 006
14 467
15 136

4 685
3 624
4 203
4 217
4 405
4 350

19 478
21 334
21 529
21 590
21 820
22 833

27 683
27 895
29 473
29 456
29 701
30 165

8 205
6 561
7 944
7 866
7 881
7 332

Jul
Aug
Sep
Oct
Nov
Dec

10 047
10 304
10 059
10 916
11 140
11 159

13 099
13 450
13 280
13 825
13 876
14 241

3 052
3 146
3 221
2 909
2 736
3 082

11 378
11 592
11 298
12 442
12 519
12 555

15 208
15 615
15 338
15 985
16 233
16 658

3 830
4 023
4 040
3 543
3 714
4 103

11 458
11 674
11 383
12 535
12 605
12 648

15 324
15 730
15 463
16 107
16 371
16 800

3 866
4 056
4 080
3 572
3 766
4 152

10 905
10 572
10 776
10 418
10 789
10 925

15 625
15 144
15 316
15 251
15 923
16 661

4 720
4 572
4 540
4 833
5 134
5 736

22 363
22 246
22 159
22 953
23 394
23 573

30 949
30 874
30 779
31 358
32 294
33 461

8 586
8 628
8 620
8 405
8 900
9 888

2011 Jan
Feb
Mar
Apr
May

11 533
10 774
11 518
11 474
12 342

14 432
13 993
13 969
13 588
14 648

2 899
3 219
2 451
2 114
2 306

12 967
12 289
13 247
12 854
13 948

16 685
16 395
16 428
15 958
17 279

3 718
4 106
3 181
3 104
3 331

13 078
12 390
13 341
12 944
14 055

16 815
16 513
16 554
16 079
17 424

3 737
4 123
3 213
3 135
3 369

11 904
12 659
11 275
11 401
11 303

15 832
15 391
15 770
15 909
16 412

3 928
2 732
4 495
4 508
5 109

24 982
25 049
24 616
24 345
25 358

32 647
31 904
32 324
31 988
33 836

7 665
6 855
7 708
7 643
8 478

8.5

8.3

8.6

8.4

0.9

3.2

4.2

5.8

Percentage change on previous month:


2011 May
7.6
7.8
3 months ended:
2010 May

31 338 39 717 8 379 34 843 45 605 10 762 35 110 45 976 10 866 29 829 42 654 12 825 64 939 88 630 23 691

2011 Feb

33 466 42 666 9 200 37 811 49 738 11 927 38 116 50 128 12 012 35 488 47 884 12 396 73 604 98 012 24 408

2011 May

35 334 42 205 6 871 40 049 49 665 9 616 40 340 50 057 9 717 33 979 48 091 14 112 74 319 98 148 23 829

Percentage change, latest 3 months compared with:


Previous 3 months
5.6
1.1
Same 3 months last year

12.8

6.3

5.9

0.1

5.8

0.1

4.3

0.4

1.0

0.1

14.9

8.9

14.9

8.9

13.9

12.7

14.4

10.7

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 and Sweden
3 EU (25) plus Bulgaria and Romania
4 Total less EU (27)

Earliest date for revisions to trade in goods is April 2011.

VOLUME AND PRICE INDICES (TRADE IN GOODS) 1


Balance of Payments basis
Indices 2006=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
90.9
79.7
88.3

BQKV
95.5
83.5
93.1

BQKI
89.7
77.7
87.5

BQKJ
95.4
82.6
93.1

BOMA
88.1
77.3
86.5

ELAL
95.2
82.3
92.6

BQKR
114.1
117.2
123.9

BQKS
113.7
117.7
125.1

BQKT
100.4
99.6
99.0

BQKK
110.7
118.0
122.0

BQKL
110.5
118.2
123.0

BQKM
100.2
99.8
99.2

BQAK
110.9
117.8
121.6

ELBA
110.6
117.7
122.2

2008 Q4

86.0

89.9

83.2

87.8

81.3

87.9

115.0

115.7

99.4

115.6

116.6

99.1

115.6

116.3

2009 Q1
Q2
Q3
Q4

78.6
77.5
79.5
83.4

83.3
80.6
82.8
87.4

76.1
75.2
77.7
82.0

81.3
80.0
81.9
87.1

75.8
74.4
77.3
81.7

81.3
79.4
81.8
86.8

117.0
116.0
116.5
119.1

118.3
117.2
116.4
119.0

98.9
99.0
100.1
100.1

119.9
117.3
116.5
118.5

121.0
118.0
116.0
117.9

99.1
99.4
100.4
100.5

119.5
117.0
116.3
118.3

120.1
117.5
115.7
117.5

2010 Q1
Q2
Q3
Q4

83.3
88.6
89.6
91.6

89.8
91.5
94.1
97.1

82.0
87.3
89.5
91.2

90.1
91.7
93.4
97.3

80.8
86.9
89.2
89.2

90.1
91.4
93.2
95.6

122.7
124.3
122.8
125.9

122.1
125.6
124.9
127.8

100.5
99.0
98.3
98.5

121.4
122.0
121.1
123.3

120.3
123.4
123.2
125.2

100.9
98.9
98.3
98.5

121.1
121.6
120.6
122.9

119.8
122.6
122.4
124.3

2011 Q1

95.8

95.0

96.3

95.5

95.6

97.0

129.7

131.4

98.7

124.7

126.4

98.7

124.1

125.2

2009 Dec

84.9

90.1

82.9

89.5

82.3

89.3

120.0

119.2

100.7

119.4

118.0

101.2

119.2

117.5

2010 Jan
Feb
Mar
Apr
May
Jun

79.0
85.4
85.4
86.3
87.4
92.0

88.9
88.5
92.0
90.9
91.6
91.9

77.7
84.0
84.2
85.1
87.1
89.7

89.4
88.5
92.5
91.1
92.4
91.6

77.6
82.5
82.3
85.0
87.1
88.7

89.4
88.0
92.8
90.4
92.6
91.3

120.9
122.0
125.1
125.1
124.3
123.6

120.2
121.3
124.8
125.3
126.0
125.6

100.6
100.6
100.2
99.8
98.7
98.4

119.9
121.0
123.2
122.4
122.0
121.7

118.7
119.8
122.5
122.4
124.0
123.9

101.0
101.0
100.6
100.0
98.4
98.2

119.7
120.8
122.9
122.1
121.5
121.2

118.3
119.3
121.7
121.7
123.0
123.0

Jul
Aug
Sep
Oct
Nov
Dec

90.2
89.5
89.1
90.5
92.2
92.2

94.7
94.5
93.0
94.8
97.5
99.1

89.3
90.1
89.0
89.9
91.5
92.1

93.7
94.6
91.9
96.2
96.7
99.0

89.0
89.9
88.6
88.1
90.4
89.1

94.1
94.0
91.5
95.1
95.3
96.4

122.8
122.2
123.4
125.5
125.3
127.0

124.7
124.4
125.6
127.1
127.0
129.4

98.5
98.2
98.2
98.7
98.7
98.1

121.1
120.5
121.7
123.4
123.0
123.6

123.1
122.6
123.9
124.9
124.6
126.0

98.4
98.3
98.2
98.8
98.7
98.1

120.7
120.0
121.2
123.0
122.5
123.1

122.3
121.9
123.0
124.2
123.7
124.9

2011 Jan
Feb
Mar
Apr
May

95.9
97.2
94.4
91.0
94.4

96.8
94.1
94.0
92.1
97.5

96.0
98.4
94.4
91.4
94.3

97.6
94.5
94.4
92.5
98.3

95.2
97.8
93.9
91.2
92.9

99.3
96.2
95.4
93.8
99.4

128.4
128.9
131.9
134.2
131.9

130.5
130.7
133.0
134.8
134.3

98.4
98.6
99.2
99.6
98.2

124.2
124.1
125.7
127.1
125.7

126.3
125.9
126.9
127.4
128.5

98.3
98.6
99.1
99.8
97.8

123.7
123.5
125.0
126.4
124.7

125.2
124.9
125.6
126.0
126.9

Percentage change, latest month compared with:


Previous month
3.7
5.9
3.2

6.3

1.9

6.0

1.7

0.4

1.1

0.9

1.3

0.7

2008
2009
2010

3 months ended:
2010 May

86.4

91.5

85.5

92.0

84.8

91.9

124.8

125.4

99.6

122.5

123.0

99.7

122.2

122.1

2011 Feb

95.1

96.7

95.5

97.0

94.0

97.3

128.1

130.2

98.4

124.0

126.1

98.3

123.4

125.0

2011 May

93.3

94.5

93.4

95.1

92.7

96.2

132.7

134.0

99.0

126.2

127.6

98.9

125.4

126.2

2.0

1.5

1.1

3.6

2.9

1.8

1.2

1.6

0.9

3.3

9.3

4.6

6.3

6.9

3.0

3.8

2.6

3.3

Percentage change, latest 3 months compared with:


Previous 3 months
1.9
2.2
2.2
Same 3 months last year

8.0

3.3

9.2

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 April 2011.

GROWTH RATES FOR VOLUME AND PRICE INDICES 1


(TRADE IN GOODS)
Balance of Payments basis

Indices 2006=100

Volume (seasonally adjusted)

Total

Total excluding oil

Price index (not seasonally adjusted)

Total excluding oil and


erratics 2

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

2004
2005
2006
2007
2008

1.5
8.9
11.5
10.3
1.3

7.0
7.0
10.5
2.7
1.8

2.1
9.8
12.6
10.9
0.7

6.2
7.5
11.4
3.4
1.2

2.2
10.4
13.5
12.0
0.1

6.8
7.8
11.1
3.5
1.3

4.4
2.5
0.3
13.8

0.5
4.5
3.4
0.9
12.7

1.3
1.5
1.1

10.7

1.3
2.0
2.1
0.6
9.8

1.2
1.6
1.1

10.9

1.1
1.9
2.1
0.9
9.6

2009
2010

12.3
10.8

12.6
11.5

13.4
12.6

13.4
12.7

12.3
11.9

13.6
12.5

2.7
5.7

3.5
6.3

6.6
3.4

7.0
4.1

6.2
3.2

6.4
3.8

2008 Q4

7.1

6.8

9.3

9.2

9.2

8.8

1.9

0.4

3.7

5.2

3.4

4.8

2009 Q1
Q2
Q3
Q4

8.6
1.4
2.6
4.9

7.3
3.2
2.7
5.6

8.5
1.2
3.3
5.5

7.4
1.6
2.4
6.3

6.8
1.8
3.9
5.7

7.5
2.3
3.0
6.1

1.7
0.9
0.4
2.2

2.2
0.9
0.7
2.2

3.7
2.2
0.7
1.7

3.8
2.5
1.7
1.6

3.4
2.1
0.6
1.7

3.3
2.2
1.5
1.6

2010 Q1
Q2
Q3
Q4

0.1
6.4
1.1
2.2

2.7
1.9
2.8
3.2

6.5
2.5
1.9

3.4
1.8
1.9
4.2

1.1
7.5
2.6

3.8
1.4
2.0
2.6

3.0
1.3
1.2
2.5

2.6
2.9
0.6
2.3

2.4
0.5
0.7
1.8

2.0
2.6
0.2
1.6

2.4
0.4
0.8
1.9

2.0
2.3
0.2
1.6

2011 Q1

4.6

2.2

5.6

1.8

7.2

1.5

3.0

2.8

1.1

1.0

1.0

0.7

2009 Dec

2.5

5.4

0.9

4.9

0.4

4.9

1.6

0.4

2.0

0.6

2.0

0.4

2010 Jan
Feb
Mar
Apr
May
Jun

6.9
8.1

1.1
1.3
5.3

1.3
0.4
4.0
1.2
0.8
0.3

6.3
8.1
0.2
1.1
2.4
3.0

0.1
1.0
4.5
1.5
1.4
0.9

5.7
6.3
0.2
3.3
2.5
1.8

0.1
1.6
5.5
2.6
2.4
1.4

0.8
0.9
2.5

0.6
0.6

0.8
0.9
2.9
0.4
0.6
0.3

0.4
0.9
1.8
0.6
0.3
0.2

0.6
0.9
2.3
0.1
1.3
0.1

0.4
0.9
1.7
0.7
0.5
0.2

0.7
0.8
2.0

1.1

Jul
Aug
Sep
Oct
Nov
Dec

2.0
0.8
0.4
1.6
1.9

3.0
0.2
1.6
1.9
2.8
1.6

0.4
0.9
1.2
1.0
1.8
0.7

2.3
1.0
2.9
4.7
0.5
2.4

0.3
1.0
1.4
0.6
2.6
1.4

3.1
0.1
2.7
3.9
0.2
1.2

0.6
0.5
1.0
1.7
0.2
1.4

0.7
0.2
1.0
1.2
0.1
1.9

0.5
0.5
1.0
1.4
0.3
0.5

0.6
0.4
1.1
0.8
0.2
1.1

0.4
0.6
1.0
1.5
0.4
0.5

0.6
0.3
0.9
1.0
0.4
1.0

2011 Jan
Feb
Mar
Apr
May

4.0
1.4
2.9
3.6
3.7

2.3
2.8
0.1
2.0
5.9

4.2
2.5
4.1
3.2
3.2

1.4
3.2
0.1
2.0
6.3

6.8
2.7
4.0
2.9
1.9

3.0
3.1
0.8
1.7
6.0

1.1
0.4
2.3
1.7
1.7

0.9
0.2
1.8
1.4
0.4

0.5
0.1
1.3
1.1
1.1

0.2
0.3
0.8
0.4
0.9

0.5
0.2
1.2
1.1
1.3

0.2
0.2
0.6
0.3
0.7

Monthly:

3 month on 3 month comparison:


2009 Dec

4.9

5.5

5.6

6.3

5.7

6.2

2.3

2.3

1.7

1.6

1.7

1.5

2010 Jan
Feb
Mar
Apr
May
Jun

2.6
1.4
0.1
4.2
3.9
6.4

4.8
3.9
2.8
2.6
2.6
1.9

2.7
1.0

4.3
4.8
6.5

5.2
4.2
3.5
3.0
3.2
1.7

2.7
0.7
1.1
3.3
5.0
7.6

4.9
4.3
3.7
2.8
3.4
1.5

1.6
2.2
3.0
3.7
3.2
1.4

1.4
1.5
2.6
3.7
4.3
2.9

1.0
1.8
2.4
2.9
2.0
0.5

0.9
1.0
2.1
3.0
3.5
2.6

1.0
1.8
2.4
2.8
1.9
0.4

0.8
0.9
2.0
2.8
3.2
2.3

Jul
Aug
Sep
Oct
Nov
Dec

4.9
4.9
1.2
0.2

2.3

2.5
2.4
2.8
1.5
1.5
3.3

5.1
5.0
2.5
1.1
0.5
1.9

2.1
1.4
1.9
1.8
1.8
4.2

6.0
5.2
2.6
0.7
0.2

2.5
1.3
1.9
0.9
0.9
2.6

0.4
1.6
1.2
0.1
1.5
2.6

1.3
0.4
0.6
0.2
1.3
2.3

0.5
1.2
0.8
0.2
1.3
1.8

1.7
0.2
0.2
0.1
1.0
1.6

0.7
1.3
0.8
0.2
1.3
1.9

1.5
0.2
0.1
0.2
1.0
1.5

2011 Jan
Feb
Mar
Apr
May

4.2
5.0
4.6
0.8
1.9

3.9
1.6
2.2
4.5
2.2

3.9
6.0
5.6
1.6
2.2

3.7
2.2
1.8
4.1
2.0

3.0
5.6
7.2
3.0
1.5

3.7
3.5
1.4
1.9
1.1

2.6
2.7
3.0
3.8
3.6

2.6
2.9
2.8
3.0
2.9

1.4
1.0
1.1
1.6
1.8

1.5
1.3
1.0
0.9
1.2

1.4
1.0
1.0
1.5
1.6

1.3
1.1
0.8
0.7
0.9

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.

Earliest date for revisions to trade in goods is April 2011.

VOLUME INDICES WITH COUNTRIES INSIDE AND OUTSIDE THE EU (TRADE IN GOODS) 1
Balance of Payments basis
Indices 2006=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

Total excluding
oil & 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

LGCT
80.5
70.0
76.5

LGDL
88.6
77.2
84.9

LKUL
77.9
66.2
73.4

LKVD
88.0
76.4
84.3

SHBS
77.2
65.5
72.1

SHCO
88.2
76.4
84.0

LGEH
108.3
97.5
109.2

LGFA
104.4
91.8
103.8

LKVZ
108.7
96.3
110.2

LKWS
106.1
91.8
106.4

SHDJ
106.8
97.2
110.8

SHED
106.6
92.2
106.7

2008 Q4

75.4

79.7

71.0

78.6

70.5

78.5

104.2

103.2

103.0

101.4

99.8

103.3

2009 Q1
Q2
Q3
Q4

70.3
67.3
70.5
71.8

74.7
73.5
77.4
83.1

66.0
64.1
66.1
68.6

73.4
72.7
76.9
82.6

65.3
63.0
65.6
68.1

73.5
72.6
76.7
82.7

94.1
95.9
96.0
103.9

94.5
89.7
89.9
93.0

92.5
93.1
96.4
103.2

93.0
91.0
89.4
93.9

93.8
93.9
97.1
104.1

94.3
90.5
90.1
93.7

2010 Q1
Q2
Q3
Q4

72.6
77.4
75.9
80.2

83.0
83.9
84.6
88.0

69.1
73.6
73.5
77.3

82.7
83.5
83.8
87.2

67.9
72.5
72.7
75.2

82.8
82.8
83.6
86.6

102.5
108.7
113.6
112.1

98.5
101.2
106.4
109.1

102.8
109.5
115.0
113.5

101.1
103.8
107.9
112.6

102.5
111.2
116.6
112.8

101.9
105.6
108.9
110.6

2011 Q1

80.3

88.4

78.0

87.8

76.8

87.4

123.3

103.5

125.5

107.1

126.9

112.8

2009 Nov
Dec

72.2
71.7

82.5
85.1

69.5
68.0

82.0
84.9

68.9
67.7

82.1
85.1

101.8
108.0

89.4
96.6

102.3
106.1

90.3
96.3

103.7
106.1

90.2
96.2

2010 Jan
Feb
Mar
Apr
May
Jun

70.8
73.3
73.6
74.9
77.7
79.7

82.3
81.4
85.2
85.4
84.3
82.1

67.2
69.3
70.8
71.3
74.6
75.0

82.3
81.0
84.9
85.4
84.0
81.2

66.2
67.8
69.7
69.9
74.1
73.5

82.3
81.2
85.0
83.8
83.6
81.0

94.3
106.7
106.5
106.6
105.2
114.2

97.3
97.7
100.6
98.1
100.8
104.6

94.9
107.7
105.7
107.4
107.6
113.4

100.0
99.8
103.6
99.6
104.6
107.2

96.9
107.0
103.6
110.0
109.2
114.4

100.9
99.2
105.5
101.1
107.2
108.4

Jul
Aug
Sep
Oct
Nov
Dec

75.7
77.5
74.6
80.7
80.2
79.7

83.9
86.0
83.8
86.3
88.3
89.3

72.9
74.9
72.7
77.3
77.5
77.0

82.5
85.7
83.2
86.1
87.2
88.3

71.7
74.2
72.3
74.0
76.6
74.9

82.9
85.1
82.7
84.5
87.4
88.0

115.8
110.7
114.4
108.8
113.6
114.0

108.5
105.5
105.1
105.8
109.4
112.0

115.5
114.5
114.9
110.6
113.9
116.0

110.5
108.0
105.1
111.5
111.1
115.3

117.8
116.1
115.8
111.8
113.6
112.9

112.3
108.6
105.8
112.7
108.4
110.7

2011 Jan
Feb
Mar
Apr
May

81.7
77.8
81.4
78.0
83.9

89.6
88.0
87.5
85.2
91.0

78.4
77.0
78.7
76.0
81.0

89.3
87.2
86.9
84.7
90.2

77.2
75.5
77.8
75.9
79.3

88.4
87.0
86.9
84.9
89.9

121.5
130.8
117.5
114.0
113.6

106.2
101.9
102.4
100.9
106.0

124.6
132.7
119.3
115.8
115.8

110.0
105.4
105.8
104.1
110.5

125.8
134.6
120.4
116.6
115.7

117.4
111.4
109.7
108.6
115.3

6.8

6.6

6.5

4.5

5.9

0.4

5.1

0.0

6.1

0.8

6.2

2008
2009
2010

Percentage change on previous month:


2011 May
7.6
3 months ended:
2010 May

75.4

85.0

72.2

84.8

71.2

84.1

106.1

99.8

106.9

102.6

107.6

104.6

2011 Feb

79.7

89.0

77.5

88.3

75.9

87.8

122.1

106.7

124.4

110.2

124.4

113.2

2011 May

81.1

87.9

78.6

87.3

77.7

87.2

115.0

103.1

117.0

106.8

117.6

111.2

Percentage change, latest 3 months compared with:


Previous 3 months
1.7
1.2

1.4

1.1

2.4

0.6

5.8

3.4

6.0

3.1

5.5

1.7

Same 3 months last year

8.8

2.9

9.0

3.7

8.4

3.3

9.4

4.1

9.3

6.3

7.6

3.5

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 April 2011.

PRICE INDICES WITH COUNTRIES INSIDE AND OUTSIDE THE EU (TRADE IN GOODS) 1
Balance of Payments basis
Indices 2006=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

Total excluding
oil & 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

2008
2009
2010

LGCR
115.5
117.4
124.2

LGDJ
109.8
113.8
118.3

LKUJ
111.8
118.3
122.0

LKVB
108.7
113.8
117.5

SHBQ
112.0
118.2
121.8

SHCM
108.7
113.6
117.3

LGEF
111.9
116.4
124.4

LGEY
118.6
121.6
132.4

LKVX
108.9
117.2
122.9

LKWQ
112.7
123.4
129.4

SHDH
109.2
116.7
122.2

SHEB
113.5
122.7
128.2

2008 Q4

115.1

112.1

115.8

112.3

115.7

112.3

114.8

119.7

115.2

122.4

115.2

122.1

2009 Q1
Q2
Q3
Q4

116.2
115.8
117.1
120.3

114.6
113.1
112.6
114.7

119.4
117.1
117.2
119.7

115.2
113.3
112.3
114.3

119.1
117.0
117.1
119.6

115.2
113.1
112.2
114.1

117.5
115.8
115.3
117.1

122.5
121.2
119.9
123.0

120.0
116.9
115.4
116.4

128.7
123.6
119.8
121.4

119.3
116.5
115.0
116.0

127.2
123.1
119.6
120.9

2010 Q1
Q2
Q3
Q4

123.6
124.3
122.7
126.3

116.6
118.4
118.0
120.1

122.2
121.7
120.7
123.4

115.9
117.6
117.3
119.1

122.1
121.5
120.5
123.2

115.7
117.4
117.1
118.9

121.8
125.4
124.2
126.1

127.8
133.4
132.1
136.2

120.7
123.7
123.0
124.2

125.1
130.2
129.9
132.3

120.2
123.0
122.2
123.4

124.3
128.9
128.8
130.9

2011 Q1

130.9

121.4

125.4

119.6

125.1

119.4

128.7

142.7

124.7

134.3

123.7

132.5

2009 Nov
Dec

118.6
121.7

114.4
114.7

117.5
121.1

113.9
114.2

117.5
121.1

113.7
114.0

116.6
117.5

122.7
123.3

115.7
116.9

120.6
121.7

115.3
116.4

120.3
121.0

2010 Jan
Feb
Mar
Apr
May
Jun

122.0
123.0
125.9
125.9
123.6
123.4

115.2
116.1
118.5
118.4
118.7
118.2

120.9
121.9
123.8
122.9
121.0
121.2

114.6
115.4
117.6
117.4
117.9
117.4

120.9
121.8
123.7
122.7
120.7
121.0

114.4
115.3
117.4
117.2
117.8
117.3

119.6
121.3
124.5
124.7
126.3
125.3

125.2
126.7
131.5
132.7
133.8
133.6

118.7
120.5
123.0
122.5
124.6
123.9

123.0
124.5
127.9
128.1
131.2
131.4

118.2
119.9
122.4
121.9
123.9
123.2

122.4
123.7
126.7
127.1
129.5
130.0

Jul
Aug
Sep
Oct
Nov
Dec

122.8
122.0
123.3
125.8
125.7
127.4

117.9
117.5
118.7
120.0
119.6
120.7

120.8
119.9
121.4
123.5
123.1
123.7

117.2
116.8
118.0
119.1
118.7
119.5

120.7
119.7
121.1
123.3
122.9
123.4

117.0
116.7
117.7
118.9
118.5
119.2

124.2
123.8
124.6
125.6
125.5
127.3

131.9
131.6
132.8
134.6
134.9
139.1

123.0
122.6
123.4
124.1
123.7
124.7

129.8
129.3
130.6
131.6
131.3
133.9

122.3
121.8
122.6
123.4
122.9
123.9

128.7
128.4
129.3
130.6
130.0
132.1

2011 Jan
Feb
Mar
Apr
May

129.2
130.1
133.5
136.3
135.0

121.2
120.8
122.3
123.1
124.0

124.5
124.8
126.8
128.4
128.3

119.6
119.0
120.1
120.5
121.9

124.3
124.5
126.4
128.0
127.8

119.4
118.8
119.9
120.3
121.7

128.1
128.0
130.1
132.0
128.3

141.0
141.9
145.2
148.3
146.5

124.8
124.1
125.1
126.2
123.2

134.1
133.9
134.8
135.4
136.6

124.0
123.2
123.9
125.1
121.5

132.5
132.4
132.6
132.9
133.7

0.7

0.1

1.2

0.2

1.2

2.8

1.2

2.4

0.9

2.9

0.6

Percentage change on previous month:


2011 May
1.0
3 months ended:
2010 May

125.1

118.5

122.6

117.6

122.4

117.5

125.2

132.7

123.4

129.1

122.7

127.8

2011 Feb

128.9

120.9

124.3

119.4

124.1

119.1

127.8

140.7

124.5

134.0

123.7

132.3

2011 May

134.9

123.1

127.8

120.8

127.4

120.6

130.1

146.7

124.8

135.6

123.5

133.1

Percentage change, latest 3 months compared with:


Previous 3 months
4.7
1.8

2.8

1.2

2.7

1.3

1.8

4.3

0.2

1.2

0.2

0.6

Same 3 months last year

4.3

2.7

4.1

2.7

4.0

10.6

1.2

5.1

0.6

4.1

7.8

3.9

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 April 2011.

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
5 809
3 011
4 793

2008 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
32 212
24 671
31 541

BQNI
16 588
12 499
15 860

BOQM
43.13
43.42
41.64

BPBN
392
288
381

BOQN
15 624
12 172
15 681

ENXO
38 021
27 682
36 334

BQNJ
20 167
13 888
19 114

BQBH
51.78
49.42
50.21

BQAX
389
281
381

BQAY
17 854
13 794
17 220

838

6 902

3 736

12.86

291

3 166

7 740

3 812

13.06

292

3 928

2009 Q1
Q2
Q3
Q4

800
356
1 145
710

5 415
5 825
6 268
7 163

2 715
3 213
3 049
3 522

11.08
11.55
10.05
10.74

245
278
303
328

2 700
2 612
3 219
3 641

6 215
6 181
7 413
7 873

2 876
3 015
4 003
3 994

13.09
11.11
12.97
12.25

220
271
309
326

3 339
3 166
3 410
3 879

2010 Q1
Q2
Q3
Q4

422
605
2 433
1 333

7 614
8 219
7 151
8 557

4 126
4 285
3 204
4 245

11.50
11.05
8.57
10.52

359
388
374
404

3 488
3 934
3 947
4 312

8 036
8 824
9 584
9 890

4 163
4 742
5 022
5 187

11.79
12.08
13.34
13.00

353
393
376
399

3 873
4 082
4 562
4 703

2011 Q1

1 482

9 534

4 147

8.98

462

5 387

11 016

5 845

12.10

483

5 171

2010 Dec

759

2 961

1 462

3.44

425

1 499

3 720

1 971

4.83

408

1 749

2011 Jan
Feb
Mar
Apr
May

273
726
483
876
483

3 171
2 927
3 436
3 322
3 431

1 327
1 281
1 539
1 569
1 360

2.87
2.93
3.18
3.12
2.74

462
437
484
503
496

1 844
1 646
1 897
1 753
2 071

3 444
3 653
3 919
4 198
3 914

1 841
1 848
2 156
2 319
2 106

3.98
3.98
4.14
4.27
3.95

463
464
521
543
533

1 603
1 805
1 763
1 879
1 808

2010 May

779

7 879

4 122

10.60

389

3 757

8 658

4 614

11.94

387

4 044

2011 Feb

1 758

9 059

4 070

9.24

441

4 989

10 817

5 660

12.79

445

5 157

2011 May

1 842

10 189

4 468

9.04

494

5 721

12 031

6 581

12.36

532

5 450

Percentage change, latest 3 months compared with:


Previous 3 months
12.5

9.8

2.2

12.0

14.7

11.2

16.3

3.4

19.6

5.7

Same 3 months last year

8.4

14.7

27.2

52.3

39.0

42.6

3.5

37.6

34.8

2008
2009
2010

Total
million

3 months ended:

29.3

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 April 2011.

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
13 738
14 517
16 062

BQAR
31 141
32 306
33 555

ELBE
17 403
17 789
17 493

BOPM
6 637
5 192
7 348

BQAS
10 998
7 594
10 284

ELBF
4 361
2 402
2 936

BOPN
35 762
27 033
35 354

BQAT
48 589
35 113
45 198

ELBG
12 827
8 080
9 844

2009 Q2
Q3
Q4

3 622
3 571
3 752

8 096
7 827
8 282

4 474
4 256
4 530

1 234
1 301
1 501

1 830
1 859
1 990

596
558
489

6 439
6 688
7 698

7 894
8 859
9 475

1 455
2 171
1 777

2010 Q1
Q2
Q3
Q4

3 808
4 008
4 114
4 132

8 031
8 357
8 354
8 813

4 223
4 349
4 240
4 681

1 641
1 883
1 837
1 987

2 262
2 478
2 672
2 872

621
595
835
885

8 318
9 224
8 221
9 591

9 930
10 601
11 829
12 838

1 612
1 377
3 608
3 247

2011 Q1

4 638

8 711

4 073

2 202

3 049

847

10 228

13 922

3 694

2010 Dec

1 303

2 938

1 635

667

986

319

3 254

4 912

1 658

2011 Jan
Feb
Mar
Apr
May

1 602
1 547
1 489
1 492
1 538

2 929
2 895
2 887
2 907
3 103

1 327
1 348
1 398
1 415
1 565

648
719
835
668
790

1 136
994
919
916
998

488
275
84
248
208

3 387
3 132
3 709
3 821
3 960

4 592
4 509
4 821
5 235
5 030

1 205
1 377
1 112
1 414
1 070

3 months ended:
2010 May

3 975

8 283

4 308

1 942

2 414

472

8 787

10 442

1 655

2011 Feb

4 452

8 762

4 310

2 034

3 116

1 082

9 773

14 013

4 240

2011 May

4 519

8 897

4 378

2 293

2 833

540

11 490

15 086

3 596

Percentage change, latest 3 months compared with:


Previous 3 months
1.5
1.5

12.7

9.1

17.6

7.7

Same 3 months last year

18.1

17.4

30.8

44.5

2008
2009
2010

13.7

7.4

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

2008
2009
2010

BOPO
76 317
71 488
80 047

BQAU
79 889
74 854
88 177

ELBH
3 572
3 366
8 130

BOPP
117 840
107 393
124 239

BQAV
172 018
157 414
183 987

ELBI
54 178
50 021
59 748

BPAN
194 157
178 881
204 286

BQBD
251 907
232 268
272 164

ELBJ
57 750
53 387
67 878

BOQL
1 791
2 022
2 222

BQAW
2 567
2 729
2 887

BQKX
776
707
665

2009 Q2
Q3
Q4

16 917
18 146
18 732

18 435
18 156
19 637

1 518
10
905

25 881
26 500
28 328

37 810
39 048
41 727

11 929
12 548
13 399

42 798
44 646
47 060

56 245
57 204
61 364

13 447
12 558
14 304

444
506
616

632
676
812

188
170
196

2010 Q1
Q2
Q3
Q4

19 245
19 919
20 100
20 783

21 103
21 686
22 470
22 918

1 858
1 767
2 370
2 135

28 822
30 669
31 946
32 802

43 009
45 565
46 583
48 830

14 187
14 896
14 637
16 028

48 067
50 588
52 046
53 585

64 112
67 251
69 053
71 748

16 045
16 663
17 007
18 163

507
540
550
625

716
635
694
842

209
95
144
217

2011 Q1

21 985

23 507

1 522

34 807

46 912

12 105

56 792

70 419

13 627

787

774

13

2010 Dec

6 890

7 547

657

11 223

16 783

5 560

18 113

24 330

6 217

236

295

59

2011 Jan
Feb
Mar
Apr
May

7 277
7 488
7 220
7 088
7 779

7 809
7 727
7 971
7 635
8 601

532
239
751
547
822

11 859
11 854
11 094
11 044
11 042

15 903
15 543
15 466
15 048
15 854

4 044
3 689
4 372
4 004
4 812

19 136
19 342
18 314
18 132
18 821

23 712
23 270
23 437
22 683
24 455

4 576
3 928
5 123
4 551
5 634

209
309
269
232
249

278
236
260
247
250

69
73
9
15
1

3 months ended:
2010 May

19 528

21 723

2 195

30 173

45 102

14 929

49 701

66 825

17 124

534

666

132

2011 Feb

21 655

23 083

1 428

34 936

48 229

13 293

56 591

71 312

14 721

754

809

55

2011 May

22 087

24 207

2 120

33 180

46 368

13 188

55 267

70 575

15 308

750

757

Percentage change, latest 3 months compared with:


Previous 3 months
2.0
4.9

5.0

3.9

2.3

1.0

0.5

6.4

Same 3 months last year

40.4

13.7

EXCLUDING ERRATICS
Previous 3 months
Same 3 months last year

13.1

11.4

10.0

2.8

11.2

5.6

2.0

1.9

4.5

1.0

2.0

0.1

10.1

8.6

10.2

6.1

10.1

6.9

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 April 2011.

VOLUME INDICES (TRADE IN GOODS) BY COMMODITY 1


Balance of Payments basis
Indices 2006=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

45

78

20

25

104

97

266

217

560

577

826

794

BPEM
108
111
115

BQBK
102
97
99

BAFB
119
106
130

BQBL
111
79
96

BAFC
99
99
101

BQBM
109
100
107

BAHA
106
92
104

BQBN
103
92
103

BAHY
78
66
74

ELAB
89
76
86

BOGT
88
75
84

ELAJ
93
80
91

2008 Q4

105

98

101

96

111

124

98

95

72

81

81

85

2009 Q1
Q2
Q3
Q4

107
112
111
115

96
97
95
100

90
108
107
119

78
80
77
80

104
100
95
96

114
91
98
97

89
88
95
97

90
91
91
95

66
64
66
70

74
72
76
81

73
72
75
78

78
78
80
85

2010 Q1
Q2
Q3
Q4

111
116
118
117

97
99
98
100

120
131
132
135

88
92
99
103

98
106
97
101

98
100
114
117

98
104
106
107

103
101
104
103

70
74
76
78

82
85
86
90

79
84
86
88

88
90
91
94

2011 Q1

130

99

143

105

92

109

113

104

83

88

93

92

2010 Dec

113

99

135

105

95

128

107

101

80

93

89

95

2011 Jan
Feb
Mar
Apr
May

133
131
125
124
126

100
99
99
99
103

126
144
158
130
164

118
104
94
94
103

94
86
95
97
104

116
106
106
107
112

112
115
112
107
112

105
102
104
100
111

84
85
80
77
78

89
88
87
86
89

93
95
90
87
89

93
92
92
89
95

3 months ended:
2010 May

116

99

135

91

99

98

100

103

73

85

82

90

2011 Feb

126

99

135

109

92

117

111

103

83

90

92

93

2011 May

125

100

151

97

99

108

110

105

78

87

89

92

Percentage change, latest 3 months compared with:


Previous 3 months
0.5
1.0
11.6

11.0

7.6

7.1

0.9

2.3

5.6

3.0

4.0

1.4

6.6

0.7

10.5

10.3

2.3

7.8

2.7

8.6

2.2

0.3

0.3

4.2

0.4

3.3

0.4

10.1

1.3

8.0

4.7

8.7

3.7

Weights2
(total trade = 1000)

2008
2009
2010

Same 3 months last year


EXCLUDING ERRATICS
Previous 3 months

7.8

1.7

11.9

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 2006 and
are used to combine the volume indices to calculate the totals for 2007 onwards. For 2006 and earlier, totals are calculated using the equivalent
weights for the previous year (eg totals for 2006 use 2005 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 April 2011.

10

PRICE INDICES (TRADE IN GOODS) BY COMMODITY1


Balance of Payments Consistent basis
Indices 2006=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

45

78

20

25

104

97

266

217

560

577

826

794

BPAI
117
122
129

ELAN
124
134
138

BPAW
120
110
128

ELAO
126
123
142

BPDU
145
108
141

ELAP
152
118
147

BQAA
112
122
122

ELAQ
112
119
129

BQAB
109
116
121

ELAR
106
115
118

BQAI
110
118
122

ELAY
108
116
121

2008 Q4

121

133

113

125

111

118

119

117

114

112

115

113

2009 Q1
Q2
Q3
Q4

123
122
119
122

136
135
132
134

113
106
108
113

124
119
122
126

91
104
115
124

105
115
121
131

125
121
119
122

121
118
117
120

117
116
116
117

117
115
113
114

120
117
117
118

118
115
114
116

2010 Q1
Q2
Q3
Q4

129
129
128
129

135
138
138
142

121
131
127
132

134
143
143
147

134
144
137
149

141
149
143
156

123
123
120
123

123
129
129
133

120
121
121
123

116
118
118
118

121
121
121
123

118
121
121
122

2011 Q1

134

146

142

156

175

183

125

138

123

117

123

123

2010 Dec

129

144

135

149

157

165

123

135

123

119

123

123

2011 Jan
Feb
Mar
Apr
May

133
133
136
138
138

146
146
147
148
149

139
142
144
146
143

153
157
157
158
161

166
172
187
198
187

175
180
193
209
194

124
125
127
129
129

136
138
140
142
142

123
122
123
124
122

118
117
117
117
118

123
123
124
126
124

123
122
124
124
125

3 months ended:
2010 May

130

138

130

142

144

150

124

128

121

118

122

121

2011 Feb

132

145

139

153

165

173

124

136

123

118

123

123

2011 May

137

148

144

159

191

199

128

141

123

117

125

124

Percentage change, latest 3 months compared with:


Previous 3 months
4.3
1.8
4.1

3.7

15.6

14.6

3.5

3.7

0.3

0.6

1.4

1.4

12.0

32.1

32.7

3.5

10.1

1.4

0.3

2.2

3.0

3.0

2.5

0.3

0.0

1.4

0.5

2.4

7.9

1.9

0.3

2.2

2.5

Weights2
(total trade = 1000)

2008
2009
2010

Same 3 months last year


EXCLUDING ERRATICS
Previous 3 months

5.9

7.2

10.7

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 2006 and
are used to combine the volume indices to calculate the totals for 2007 onwards. For 2006 and earlier, totals are calculated using the equivalent
weights for the previous year (eg totals for 2006 use 2005 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 April 2011.

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
13 619
11 060
13 607

CHNY
17 344
15 748
18 278

CHNF
3 725
4 688
4 671

ENYL
18 168
17 171
19 147

ENYP
23 199
20 472
21 708

ENYT
5 031
3 301
2 561

ENYO
27 970
24 195
27 805

ENYS
44 689
39 827
45 549

ENYW
16 719
15 632
17 744

CHNS
19 124
15 917
16 887

CHOA
12 250
12 457
13 010

CHNH
6 874
3 460
3 877

2008 Q4

3 363

3 951

588

4 345

5 400

1 055

6 718

10 011

3 293

4 410

3 025

1 385

2009 Q1
Q2
Q3
Q4

2 868
2 791
2 639
2 762

3 647
3 717
4 020
4 364

779
926
1 381
1 602

4 146
3 931
4 469
4 625

5 074
4 915
5 092
5 391

928
984
623
766

5 943
5 715
6 218
6 319

9 457
9 337
10 066
10 967

3 514
3 622
3 848
4 648

4 031
3 940
3 843
4 103

3 182
3 229
2 781
3 265

849
711
1 062
838

2010 Q1
Q2
Q3
Q4

3 113
3 287
3 504
3 703

4 477
4 411
4 650
4 740

1 364
1 124
1 146
1 037

4 572
4 737
4 666
5 172

5 124
5 217
5 636
5 731

552
480
970
559

6 728
6 802
6 658
7 617

10 969
11 356
11 170
12 054

4 241
4 554
4 512
4 437

4 032
4 154
4 331
4 370

3 041
3 257
3 240
3 472

991
897
1 091
898

2011 Q1

3 783

4 942

1 159

5 347

5 774

427

7 601

12 300

4 699

4 325

3 340

985

2010 Dec

1 178

1 674

496

1 791

1 946

155

2 625

4 081

1 456

1 463

1 107

356

2011 Jan
Feb
Mar
Apr
May

1 238
1 263
1 282
1 329
1 545

1 586
1 642
1 714
1 750
1 906

348
379
432
421
361

1 968
1 587
1 792
1 850
2 164

2 049
1 825
1 900
1 784
1 982

81
238
108
66
182

2 521
2 466
2 614
2 492
2 924

4 084
4 214
4 002
4 115
4 333

1 563
1 748
1 388
1 623
1 409

1 509
1 400
1 416
1 542
1 502

1 224
1 079
1 037
896
1 038

285
321
379
646
464

2010 May

3 273

4 476

1 203

4 756

5 238

482

6 826

11 434

4 608

4 113

3 189

924

2011 Feb

3 679

4 902

1 223

5 346

5 820

474

7 612

12 379

4 767

4 372

3 410

962

2011 May

4 156

5 370

1 214

5 806

5 666

140

8 030

12 450

4 420

4 460

2 971

1 489

8.6

2.6

5.5

0.6

2.0

12.9

8.2

17.6

8.9

8.4

2008
2009
2010

3 months ended:

Percentage change, latest 3 months compared with:


Previous 3 months
13.0
9.5
Same 3 months last year

27.0

20.0

22.1

Italy

Netherlands

Spain

6.8
Sweden

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

CHNO
9 399
8 282
8 824

CHNW
14 160
12 108
14 021

CHOE
4 761
3 826
5 197

CHNP
19 905
18 179
21 285

CHNX
25 840
21 952
26 564

CHNE
5 935
3 773
5 279

CHNV
10 230
9 194
9 903

CHOD
10 783
9 450
10 342

CHNM
553
256
439

CHNA
5 213
4 210
5 556

CHND
6 808
5 493
6 597

CHVI
1 595
1 283
1 041

2008 Q4

2 132

3 279

1 147

4 488

5 823

1 335

2 236

2 406

170

1 177

1 518

341

2009 Q1
Q2
Q3
Q4

2 127
1 979
2 097
2 079

3 017
2 862
3 091
3 138

890
883
994
1 059

4 448
4 068
4 636
5 027

5 665
5 262
5 154
5 871

1 217
1 194
518
844

2 217
2 081
2 264
2 632

2 257
2 189
2 398
2 606

40
108
134
26

1 014
1 010
1 018
1 168

1 264
1 300
1 409
1 520

250
290
391
352

2010 Q1
Q2
Q3
Q4

2 105
2 220
2 118
2 381

3 254
3 600
3 336
3 831

1 149
1 380
1 218
1 450

5 260
5 935
4 763
5 327

6 264
6 451
6 895
6 954

1 004
516
2 132
1 627

2 480
2 528
2 353
2 542

2 594
2 624
2 512
2 612

114
96
159
70

1 322
1 261
1 448
1 525

1 501
1 618
1 632
1 846

179
357
184
321

2011 Q1

2 507

3 591

1 084

5 612

6 958

1 346

2 496

2 825

329

1 596

1 944

348

2010 Dec

840

1 163

323

1 704

2 485

781

863

954

91

499

660

161

2011 Jan
Feb
Mar
Apr
May

770
752
985
807
827

1 199
1 169
1 223
1 086
1 147

429
417
238
279
320

1 970
1 821
1 821
1 962
1 786

2 371
2 297
2 290
2 295
2 329

401
476
469
333
543

862
759
875
824
837

929
941
955
885
948

67
182
80
61
111

476
566
554
519
564

613
668
663
561
638

137
102
109
42
74

2010 May

2 143

3 676

1 533

5 682

6 611

929

2 549

2 640

91

1 207

1 575

368

2011 Feb

2 362

3 531

1 169

5 495

7 153

1 658

2 484

2 824

340

1 541

1 941

400

2011 May

2 619

3 456

837

5 569

6 914

1 345

2 536

2 788

252

1 637

1 862

225

1.3

3.3

2.1

1.3

6.2

4.1

2.0

4.6

0.5

5.6

35.6

18.2

2008
2009
2010

3 months ended:

Percentage change, latest 3 months compared with:


2.1
Previous 3 months
10.9
Same 3 months last year

22.2

6.0

Earliest date for revisions to trade in goods is April 2011.

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
3 266
3 335
4 138

EOBW
5 824
4 528
5 892

EOCQ
2 558
1 193
1 754

ERDN
5 084
5 399
7 609

ERDZ
23 175
24 300
30 402

EREL
18 091
18 901
22 793

ERDG
3 676
3 735
4 460

ERDS
8 080
7 661
8 120

EREE
4 404
3 926
3 660

EOBD
3 908
3 562
4 332

EOBX
8 547
6 659
8 127

EOCR
4 639
3 097
3 795

2008 Q4

885

1 454

569

1 163

6 358

5 195

844

2 056

1 212

922

2 105

1 183

2009 Q1
Q2
Q3
Q4

816
817
796
906

1 297
1 138
1 016
1 077

481
321
220
171

1 175
1 265
1 396
1 563

5 940
6 071
5 959
6 330

4 765
4 806
4 563
4 767

880
986
880
989

1 978
1 888
1 896
1 899

1 098
902
1 016
910

919
781
902
960

1 668
1 638
1 701
1 652

749
857
799
692

2010 Q1
Q2
Q3
Q4

1 044
916
1 008
1 170

1 329
1 478
1 479
1 606

285
562
471
436

1 734
1 837
1 995
2 043

6 904
7 509
8 063
7 926

5 170
5 672
6 068
5 883

938
1 090
1 239
1 193

1 936
2 036
2 112
2 036

998
946
873
843

1 025
1 115
1 134
1 058

1 834
1 932
2 171
2 190

809
817
1 037
1 132

2011 Q1

1 129

1 481

352

2 192

7 474

5 282

1 408

2 064

656

1 194

2 330

1 136

2010 Nov
Dec

448
368

665
398

217
30

742
660

2 511
2 772

1 769
2 112

386
386

676
702

290
316

358
335

727
746

369
411

2011 Jan
Feb
Mar
Apr
May

392
370
367
355
399

497
455
529
588
648

105
85
162
233
249

719
784
689
670
705

2 624
2 450
2 400
2 445
2 531

1 905
1 666
1 711
1 775
1 826

608
457
343
399
387

684
679
701
682
696

76
222
358
283
309

396
400
398
399
342

804
757
769
734
592

408
357
371
335
250

2010 May

1 015

1 524

509

1 802

7 308

5 506

1 092

1 935

843

1 076

1 895

819

2011 Feb

1 130

1 350

220

2 163

7 846

5 683

1 451

2 065

614

1 131

2 307

1 176

2011 May

1 121

1 765

644

2 064

7 376

5 312

1 129

2 079

950

1 139

2 095

956

Percentage change, latest 3 months compared with:


Previous 3 months
0.8
30.7

4.6

6.0

22.2

0.7

0.7

9.2

Same 3 months last year

14.5

0.9

3.4

7.4

5.9

10.6

2008
2009
2010

3 months ended:

10.4

15.8
Norway

South Korea

Switzerland

USA inc Puerto Rico

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Exports

Imports

Balance

Exports

Imports

Balance

EPLX
2 849
2 805
3 083

EPMX
21 609
15 913
20 783

EPNX
18 760
13 108
17 700

ERDM
2 552
2 163
2 343

ERDY
3 510
2 857
2 567

EREK
958
694
224

EPLV
4 656
3 938
5 171

EPMV
5 256
5 232
7 343

EPNV
600
1 294
2 172

J9C5
35 471
33 979
38 034

J9C6
26 009
24 604
27 584

J9C4
9 462
9 375
10 450

2008 Q4

777

4 762

3 985

554

868

314

1 182

1 392

210

8 393

6 647

1 746

2009 Q1
Q2
Q3
Q4

672
729
647
757

4 230
3 393
4 041
4 249

3 558
2 664
3 394
3 492

436
519
546
662

786
786
650
635

350
267
104
27

936
972
902
1 128

1 170
1 287
1 403
1 372

234
315
501
244

8 765
7 898
8 377
8 939

6 972
5 928
5 520
6 184

1 793
1 970
2 857
2 755

2010 Q1
Q2
Q3
Q4

656
801
802
824

4 858
4 735
5 241
5 949

4 202
3 934
4 439
5 125

539
635
628
541

626
663
654
624

87
28
26
83

1 114
1 234
1 349
1 474

2 377
1 674
1 528
1 764

1 263
440
179
290

8 847
9 582
9 890
9 715

6 383
6 728
7 001
7 472

2 464
2 854
2 889
2 243

2011 Q1

893

6 042

5 149

579

647

68

1 413

1 816

403

10 789

7 238

3 551

2010 Nov
Dec

310
283

2 074
2 459

1 764
2 176

170
182

195
212

25
30

473
605

584
583

111
22

3 150
3 245

2 448
2 638

702
607

2011 Jan
Feb
Mar
Apr
May

226
398
269
242
252

1 887
1 955
2 200
2 323
1 828

1 661
1 557
1 931
2 081
1 576

182
199
198
187
174

252
197
198
197
212

70
2

10
38

462
448
503
452
435

647
664
505
541
584

185
216
2
89
149

3 588
3 827
3 374
3 316
3 424

2 502
2 334
2 402
2 479
2 459

1 086
1 493
972
837
965

2010 May

776

4 674

3 898

658

634

24

1 195

2 011

816

8 907

6 543

2 364

2011 Feb

907

6 301

5 394

563

661

98

1 515

1 894

379

10 660

7 474

3 186

2011 May

763

6 351

5 588

559

607

48

1 390

1 630

240

10 114

7 340

2 774

0.7

8.2

8.3

13.9

5.1

1.8

15.0

4.3

16.3

18.9

13.6

12.2

2008
2009
2010

3 months ended:

Percentage change, latest 3 months compared with:


Previous 3 months
15.9
0.8
Same 3 months last year

1.7

35.9

Earliest date for revisions to trade in goods is April 2011.

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

2002
2003
2004
2005
2006

OFNN
11 496
4 484
2 688
11 057
22 378

BQHQ
222 733
232 443
249 086
269 140
297 567

CLAS
125 435
132 920
139 835
147 106
161 371

CLAT
97 298
99 522
109 244
122 034
136 198

BQHS
237 711
248 633
268 023
278 476
297 567

2007
2008
2009
2010

2 138
2 272
2 032
2 524

308 474
342 930
307 978
361 564

167 661
178 798
160 107
183 121

140 811
164 131
147 871
178 442

309 384
303 788
265 606
295 880

2008 Q4

421

82 188

41 147

40 984

71 570

2009 Q1
Q2
Q3
Q4

414
484
539
595

76 551
74 213
75 886
81 328

38 837
38 054
39 788
43 428

37 787
35 886
36 287
37 911

66 301
64 067
65 824
69 414

2010 Q1
Q2
Q3
Q4

618
618
588
700

84 433
88 704
92 014
96 413

43 519
45 095
45 929
48 578

41 118
43 424
46 220
47 680

71 320
72 680
74 762
77 118

2011 Q1

692

96 183

49 190

47 261

75 410

2010 Jan
Feb
Mar
Apr
May
Jun

151
189
261
234
203
174

27 532
27 706
29 212
29 222
29 498
29 991

14 304
14 201
15 031
15 216
15 031
14 855

13 227
13 521
14 397
14 028
14 366
15 032

23 571
23 434
24 328
24 046
24 270
24 370

Jul
Aug
Sep
Oct
Nov
Dec

179
196
205
199
260
232

30 770
30 678
30 574
31 159
32 034
33 229

15 145
15 534
15 258
15 908
16 111
16 568

15 732
15 199
15 283
15 230
15 912
16 516

25 092
25 039
24 638
25 104
25 777
26 245

2011 Jan
Feb
Mar
Apr
May

182
201
301
216
273

32 465
31 703
32 023
31 772
33 563

16 633
16 312
16 253
15 863
17 151

15 840
15 422
15 949
15 865
16 496

25 669
24 929
24 819
24 377
25 792

Percentage change, latest 3 months compared with:


Previous 3 months
28.5

0.0

0.5

1.1

2.4

13.2

10.7

8.8

12.9

3.2

Percentage change, latest quarter compared with:


Previous quarter
1.1

0.2

1.3

0.9

2.2

Same quarter last year

13.9

13.0

14.9

5.7

Same 3 months last year

12.0

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 April 2011.

14R

SUMMARY OF REVISIONS
Balance of Payments Basis
million
Trade in goods 1

Trade in services (seasonally


adjusted)2

Trade in goods & services


(seasonally adjusted)

Value (seasonally adjusted)


million

Million

Million

Growth rates for volume and price indices


(2006=100)
Volume excluding oil
and erratics

Prices

Expor ts

Impor ts

Balance

Exports

Imports

Balance

Expor ts

Impor ts

Balance

Exports

Imports

Exports

Imports

BOKG

BOKH

BOKI

IKBB

403

IKBC

211

IKBD

192

IKBH

403

IKBI

211

IKBJ

192

2008 Q3
Q4

2009 Q1
Q2
Q3
Q4

2010 Q1
Q2
Q3
Q4

104
270
147
924

96
35
22
58

200
305
169
866

104
270
147
924

96
35
22
58

200
305
169
866

2011 Q1

33

82

115

33

82

115

2008 Sep
Oct
Nov
Dec

2009 Jan
Feb
Mar
Apr
May
Jun

Jul
Aug
Sep
Oct
Nov
Dec

2010 Jan
Feb
Mar
Apr
May
Jun

13
34
57
71
89
110

27
34
35
15
12
8

40
68
92
86
101
118

13
34
57
71
89
110

27
34
35
15
12
8

40
68
92
86
101
118

Jul
Aug
Sep
Oct
Nov
Dec

121
76
50
235
340
349

24
59
39
40

119
76
26
176
301
389

121
76
50
235
340
349

24
59
39
40

119
76
26
176
301
389

2011 Jan
Feb
Mar
Apr
May

299
..

45
..

254
..

75
13
95
110
..

42
15
55
14
..

33
2
150
124
..

75
13
95
409
..

42
15
55
31
..

33
2
150
378
..

0.3
..

0.7
..

0.2
..

0.3
..

2009 Dec

2010 Jan
Feb
Mar
Apr
May
Jun

Jul
Aug
Sep
Oct
Nov
Dec

2011 Jan
Feb
Mar
Apr
May

0.1
..

0.2
..

0.1
..

0.1
..

2008
2009
2010

3 month on 3 month comparison:

Earliest date for revisions to trade in goods is April 2011

Earliest data for revisions to trade in services is Januar y 2010.

Statistical Bulletin: UK trade - May 2011

Next publication: 9 August 2011


Issued by: Office for National Statistics, Government Buildings, Cardiff Road, Newport NP10 8XG
Media contact:
Tel

Media Relations Office


Emergency on-call

Email

0845 6041858

07867 906553

press.office@ons.gsi.gov.uk

Statistical contact:
Tel

Marilyn Thomas

01633 455708

Email

trade.in.goods@ons.gov.uk

Contact us:
Tel

0845 601 3034

Email

info@ons.gov.uk

Website

www.statistics.gov.uk

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