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UK trade: March 2023
The value of goods imports decreased by £1.4 billion (2.8%) in March 2023; after removing the effect of inflation, imports of goods fell by £0.8 billion (2.1%). The value of goods exports decreased by £0.7 billion (2.3%) in March 2023; after removing the effect of inflation, exports of goods fell by £0.7 billion (2.7%). The monthly falls in both imports and exports of goods were primarily because of decreases in trade with non-EU countries, while trade with the EU remained stable. The quarterly trade in goods deficit narrowed by £8.9 billion to £55.0 billion in Quarter 1 (Jan to Mar) 2023, while the trade in ... (full story)