The UK trade in goods deficit in real terms widened from £14.7 billion in 1998 to £130.7 billion in 2017. This article uses new country by commodity data to explore which countries and commodities can explain the widening of the trade in goods deficit.
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Why has the UK trade in goods deficit widened in real terms?
The UK trade in goods deficit in real terms widened from £14.7 billion in 1998 to £130.7 billion in 2017. This article uses new country-by-commodity data to explore which countries and commodities explain the widening of the trade in goods deficit.