UK trade: August 2025 | Metals Mine

  • UK trade: August 2025

    From ons.gov.uk

    The value of goods imports was unchanged in August 2025, with a rise in imports from the EU offset by a fall in imports from non-EU countries. The value of goods exports fell by £1.1 billion (3.3%) in August 2025, with a decrease in exports to both EU and non-EU countries. Exports of goods to the United States, including precious metals, fell by £0.7 billion in August 2025. The total goods and services trade deficit widened by £1.7 billion to £5.2 billion in the three months to August 2025, because total exports fell by more than imports. The trade in goods deficit widened by £3.0 billion to £58.4 billion in ... (full story)

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ZforexCM
Oct 16, 2025 2:22am
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GBP/USD rebounded above 1.3400 on Thursday after dovish remarks from Fed Chair Powell and BoE Governor Bailey. Powell hinted the Fed could pause balance-sheet runoff and noted labor-market weakness, while Bailey called UK job data disappointing but ruled out near-term rate cuts.

However, weak UK trade figures limited gains: August exports fell £1.1 bn while imports were flat, widening the goods deficit to £58.4 bn and the total trade gap to £5.2 bn. Services trade partly offset this with a £53.2 bn surplus.

Overall, a softer Fed tone supports the pound short-term, but weak exports and a wider trade deficit cap upside. Support lies near 1.3360; resistance around 1.3460–1.3570.
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