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UK's Trade Deficit Surges to £10.2 Billion in Q4 2024, Marking a Significant Economic Shift

James Carter 28 Mar, 2025

The UK's trade deficit increased to £10.2 billion in Q4 2024, with goods trade deficit widening and services surplus slightly improving. Exports declined while imports grew.

Economy

UK's Trade Deficit Soars to £10.2 Billion in Q4 2024: A Detailed Analysis

Ryan Peterson 28 Mar, 2025

The UK's trade deficit surged to £10.2 billion in Q4 2024, with goods trade deficit widening to £59.5 billion and services surplus slightly increasing to £49.3 billion. Exports dro...