Total 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
£-2.291B
Revised
£-1.478B
Actual
£-1.098B

Next event - Tuesday 11 June 2024 06:00

Previous
-
Actual
-

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

Trading range

Announcement history

The most recent announced value for Total Trade Balance was £-1.098B.

Past events

Date
Actual
Friday 10 May 2024 06:00
£-1.098B
Friday 12 April 2024 06:00
£-2.291B
Wednesday 13 March 2024 07:00
£-3.129B
Thursday 15 February 2024 07:00
£-2.603B
Friday 12 January 2024 07:00
£-1.408B
Wednesday 13 December 2023 07:00
£-4.48B
Friday 10 November 2023 07:00
£-1.574B
Thursday 12 October 2023 06:00
£-3.415B
Wednesday 13 September 2023 06:00
£-3.446B
Friday 11 August 2023 06:00
£-4.787B
Thursday 13 July 2023 06:00
£-6.578B
Wednesday 14 June 2023 06:00
£-1.518B
Friday 12 May 2023 06:00
£-2.864B
Thursday 13 April 2023 06:00
£-4.805B
Friday 10 March 2023 07:00
£-5.861B
Friday 10 February 2023 07:00
£-7.15B
Friday 13 January 2023 07:00
£-1.802B
Monday 12 December 2022 07:00
£-1.785B
Friday 11 November 2022 07:00
£-3.135B
Wednesday 12 October 2022 06:00
£-7.08B
Monday 12 September 2022 06:00
£-7.793B
Friday 12 August 2022 06:00
£-11.387B
Wednesday 13 July 2022 06:00
£-9.747B
Monday 13 June 2022 06:00
£-8.503B
Thursday 12 May 2022 06:00
£-11.552B
Monday 11 April 2022 06:00
£-9.261B
Friday 11 March 2022 07:00
£-16.159B
Friday 11 February 2022 07:00
£-2.337B
Friday 14 January 2022 07:00
£0.626B
Friday 10 December 2021 07:00
£-2.027B
Thursday 11 November 2021 07:00
£-2.777B
Wednesday 13 October 2021 06:00
£-3.716B
Friday 10 September 2021 06:00
£-3.117B
Thursday 12 August 2021 06:00
£-2.514B
Friday 9 July 2021 11:00
£-0.884B
Friday 11 June 2021 06:00
£-0.935B

Economic context

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

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

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