UK Trade Deficit Narrows Slightly in September
Analysts had anticipated a monthly deficit of £20.8 billion for September, slightly higher than the actual figure.
During the month, the nation's exports amounted to £29.4 billion in current prices, marking a 5.5% decrease compared to August, while imports of goods reached £50.1 billion, also declining by 2%.
Exports to European Union member countries stood at £14.4 billion, down 2.7% month-on-month, whereas imports totaled £26.5 billion, falling 3.3%.
This resulted in a trade deficit of £12.1 billion with the EU.
For trade with non-EU nations, the deficit was £8.6 billion. Exports fell 8% to £15 billion, while imports decreased slightly by 0.5% to £23.6 billion.
Exports to the United States saw a steep decline of 11.4%, primarily due to reduced sales of chemicals, machinery, and transport equipment.
Meanwhile, imports from the US dropped by £0.5 billion, largely driven by lower purchases of refined and crude oil.
"The value of goods exports to the United States in September 2025 were at their lowest level since January 2022 and have remained relatively low since the introduction of tariffs in April," the ONS stated.
The statistics office also noted, "There have been considerable changes in the United States international trade policy in recent months, which has posed challenges for UK businesses."
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