Goods Trade Balance

The trade balance released by the National Statistics is a balance between exports and imports of goods A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.

Most recent - Friday 10 May 2024 06:00

Previous
£-14.212B
Revised
£-14.133B
Forecast
£-14.4B
Actual
£-13.967B

Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Next event - Tuesday 11 June 2024 06:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Goods Trade Balance yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Goods Trade Balance was £-13.967B against a forecast of £-14.4B.

Past events

Date
Forecast
Actual
Friday 10 May 2024 06:00
£-14.4B
£-13.967B
Friday 12 April 2024 06:00
£-14.5B
£-14.212B
Wednesday 13 March 2024 07:00
£-15B
£-14.515B
Thursday 15 February 2024 07:00
£-14.9B
£-13.989B
Friday 12 January 2024 07:00
£-15.7B
£-14.189B
Wednesday 13 December 2023 07:00
£-14.1B
£-17.032B
Friday 10 November 2023 07:00
£-15.3B
£-14.288B
Thursday 12 October 2023 06:00
£-14.7B
£-15.95B
Wednesday 13 September 2023 06:00
£-16B
£-14.064B
Friday 11 August 2023 06:00
£-16.4B
£-15.455B
Thursday 13 July 2023 06:00
£-14.7B
£-18.723B
Wednesday 14 June 2023 06:00
£-16.5B
£-14.996B
Friday 12 May 2023 06:00
£-17.5B
£-16.356B
Thursday 13 April 2023 06:00
£-17B
£-17.534B
Friday 10 March 2023 07:00
£-17.75B
£-17.855B
Friday 10 February 2023 07:00
£-16.4B
£-19.271B
Friday 13 January 2023 07:00
£-14.9B
£-15.623B
Monday 12 December 2022 07:00
£-20.894B
£-14.476B
Friday 11 November 2022 07:00
£-18.75B
£-15.656B
Wednesday 12 October 2022 06:00
£-20.45B
£-19.257B
Monday 12 September 2022 06:00
£-22.695B
£-19.362B
Friday 12 August 2022 06:00
£-22.3B
£-22.847B
Wednesday 13 July 2022 06:00
£-20.401B
£-21.445B
Monday 13 June 2022 06:00
£-22.5B
£-20.893B
Thursday 12 May 2022 06:00
£-18.5B
£-23.897B
Monday 11 April 2022 06:00
£-20.072B
£-20.594B
Friday 11 March 2022 07:00
£-12.6B
£-26.499B
Friday 11 February 2022 07:00
£-12.5B
£-12.534B
Friday 14 January 2022 07:00
£-14.2B
£-11.337B
Friday 10 December 2021 07:00
£-14.059B
£-13.934B
Thursday 11 November 2021 07:00
£-14.3B
£-14.736B
Wednesday 13 October 2021 06:00
£-12B
£-14.927B
Friday 10 September 2021 06:00
£-11B
£-12.706B
Thursday 12 August 2021 06:00
£-9.1B
£-11.988B
Friday 9 July 2021 11:00
£-11.1B
£-8.481B
Friday 11 June 2021 06:00
£-12.1B
£-10.958B

Economic context

Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Goods Trade Balance result:

PreviousLatest
Average Earnings Excluding Bonus (3Mo/Yr)(no change)6%6%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.7%5.7%
Claimant Count ChangeBearish change-2.4K8.9K
Claimant Count Rate(no change)4.1%4.1%
Employment ChangeBearish change-156K-177K
ILO Unemployment Rate (3M)Bearish change4.2%4.3%
Gross Domestic Product (MoM)Bullish change0.2%0.4%
Gross Domestic Product (QoQ)Bullish change-0.3%0.6%
Gross Domestic Product (YoY)Bullish change-0.2%0.2%
Industrial Production (MoM)Bearish change1%0.2%
Manufacturing Production (MoM)Bearish change1.2%0.3%
Manufacturing Production (YoY)Bearish change2.6%2.3%
BoE MPC Vote Rate CutBearish change12
BoE MPC Vote Rate Hike(no change)00
BRC Like-For-Like Retail Sales (YoY)Bearish change3.2%-4.4%

About Goods Trade Balance

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Capital Flows
Frequency:Monthly

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