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UK trade: June 2023
The value of goods imports decreased by £2.9 billion (5.8%) in June 2023 with a large fall in imports from non-EU countries partially offset by a rise in imports from the EU. The fall in imports from non-EU countries was the largest since April 2020; this was because of a £2.1 billion (39.6%) fall in fuel imports as a result of lower gas prices in June. The value of goods exports increased by £0.6 billion (1.8%) in June 2023 because of a rise in exports to non-EU countries, while exports to the EU remained stable. The total trade in goods and services deficit narrowed slightly by £0.5 billion to £19.0 billion in ... (full story)