According to the latest trade bulletin from the Office for National Statistics (ONS), the value of goods exports increased by £1.9 billion (6.6%) in July 2025, with an increase in exports to both EU and non-EU countries.
On goods imports, there was an increase of 4.1% in the volume of imports from the EU and 3.7% from the rest of the world.
The bulletin explains that the improved performance was primarily because exports to non-EU countries rose by £1.3 billion (9.3%), while exports to the EU increased by £0.2 billion (1.4%).
Meanwhile, exports of goods to the United States, including precious metals, rose by £0.8 billion in the month under review.
However, while there were also increases in exports of chemicals and machinery and transport equipment, the value of goods exports to the United States remained below their pre-tariff levels.
Noting this point, British Chambers of Commerce (BCC) Head of Trade Policy, William Bain, said: “Far more work is needed on US tariffs. That means delivering the promised zero percent tariffs on steel and aluminium goods, long term certainty for pharmaceuticals, and securing lower levies on other goods if possible.”
He also warned the Government that the ongoing UK-EU reset negotiations need to deliver quickly, with businesses “clamouring” for cuts to red tape and lower compliance costs.
