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惭别迟补诲补迟补听

Data behind this bulletin is available through the听听飞别产蝉颈迟别:听

• 听detailed Trade Statistics data at 8-digit commodity code level is available in our听听听听
• 听补驳驳谤别驳补迟别听OTS听data is available in听听

Data Sources听

From 31 December 2020, the free movement of people and goods and services between the UK and the European Union (EU) ended. This meant the way听HMRC听had been collecting trade in goods statistics was revised.听听听

UK to听EU听exports听听听

For goods moving from 1 January 2021,听GB听to听EU听export statistics have been compiled directly from customs export declarations made according to the requirements of the Taxation (Cross Border Trade) Act. Intrastat survey returns, however, continued to be collected for goods exported from Northern Ireland to the听EU, under the terms of the Northern Ireland Protocol.听听听

Both the听GB听to听EU听customs export declaration data and听NI听Intrastat export (dispatch) data were incorporated into the overall UK to听EU听export dataset.听听

As a result of the changes and differences outlined above, there was a break in the timeseries for published UK to听EU听export statistics from January 2021.听

UK imports from听EU听听听

UK imports from听EU听statistics were not impacted by any change in 2021. The Intrastat survey continued to operate for all UK (GB听and听NI) imports (arrivals) from the听EU, to mitigate the effects of staging customs controls, and to comply with the Northern Ireland Protocol.听

However, from 1 January 2022, Intrastat only applied for movements of goods between Northern Ireland and the听EU. Statistics on movements to听GB听from the听EU听have been compiled directly from customs import declarations. Both the听EU听to听GB听customs import declaration data and听NI听Intrastat import (arrivals) data were incorporated into the overall听EU听to UK import dataset.听

As a result of the changes and differences outlined above, there was a break in the timeseries for published听EU听to UK import statistics from January 2022.听

Northern Ireland trade听听听

Figures derived from Intrastat include the following:听听听

• 听estimates for businesses who have yet to submit detailed data on the trade they had with other听EU听member states this month听听听
• 听estimates for businesses who do not have to submit detailed data on the trade they have with other听EU听member states听听听

Estimates are included in all high-level totals including commodity (HS2) and country totals.听

Non-EU听trade听

Non-EU听trade statistics are compiled from customs declarations collected by the听CHIEF听(Customs Handling of Import and Export Freight) system. Declarations collected via the Customs Declarations Service (CDS) are included: for imports from August 2020 month of account; and for exports from December 2020 month of account onwards. Detailed trade information is presented according to the听听nomenclature.听

Low value trade听

For trade in goods collected from custom declarations (UK trade with non-EU听and听GB听trade with听EU), imports and exports of an individual value of 拢873 or less are aggregated under SITC group 931 - 鈥楽pecial transactions and commodities not classified according to kind鈥�, and classified to a single commodity code 鈥� 99500000. This trade is not analysed either by commodity or country. Statistics for individual commodities are therefore deficient by these amounts.听听

For Intrastat (NI-EU), transactions (that is, invoice lines) with a value of 拢175 or less can be aggregated and classified to a single commodity code (9950 0000).听听

As a result, trade in some commodities may appear as nil trade, if all trade in that commodity falls in the low value aggregate.

For August 2024 exports, more trade than normal went into Low Value aggregate, instead of the comcode or country specific trade. This was a one-off occurrence to ensure export declarations that did not 鈥榙igitally鈥� clear customs formalities were included in the released trade statistics.

Methodology听

The听UK trade in goods statistics: methodologies听covers:听

• data sources听听
• classifications and definitions听
• quality assurance听
• publications and听听
• governance听

It is a useful companion to the trade data, providing the definitions and methodologies on which the data are based. The most recent changes in the听OTS听methodology are covered in this paper.听听听

Gold听

HMRC听collects data on gold. Gold may be held as a reserve asset by a monetary authority. If so, this gold is classified as monetary gold and is recorded in the听UK National Accounts (compiled by the Office for National Statistics) but excluded from听OTS.

Gold that is not held as a reserve asset by a monetary authority is classified as non-monetary gold (NMG) and is included in the听OTS. This forms part of Precious metals and includes scrap and jewellery.听

Data relating to monthly import and export totals for January 2020 onwards with a breakdown of non-monetary gold is available in the听.听

Relationship with other statistical publications听听

The aggregate estimates here will differ slightly from those that are published by the Office for National Statistics (ONS) as part of the听, as the 2 sets of data are compiled to different sets of rules. The听ONS听website provides an overview of听BoP, where you can find their detailed monthly听. The听BoP听publication shows a high-level picture of UK trade-in-goods, whereas the听OTS听publication shows a detailed picture of the UK鈥檚 trade-in-goods by commodity and partner country.听听听

Accredited official statistics publication听

The听UK听overseas trade in goods statistics (OTS) were independently reviewed by the Office for Statistics Regulation in October 2010 with publication of the听听in February 2011. They comply with the standards of trustworthiness, quality and value in the Code of Practice for Statistics and should be labelled 鈥榓ccredited official statistics鈥�.听听are called National Statistics in the Statistics and Registration Service Act 2007.听听

HM Revenue & Customs released these latest statistics on overseas trade with countries on 13 December 2024 under arrangements set out in the听.听听

This release includes the first provisional estimates of trade in goods between the听UK听and both countries of the听EU听and those outside the听EU听for October 2024. At the same time revisions for all previously published non-EU听and听EU听data for 2024 are also being released in line with the听HM Revenue & Customs Policy on Revisions.听

The next three publications are due for release on the following days:听

Month of Account	First release date
November 2024	16 January 2025	听
December 2024	13 February 2025	听
January 2025	14 March 2025	听

Our statistical practice is regulated by the Office for Statistics Regulation (OSR).听

OSR听sets the standards of trustworthiness, quality and value in the听听that all producers of official statistics should adhere to.听听

You are welcome to contact us directly with any comments about how we meet these standards by emailing听[email protected].听

Alternatively, you can contact听OSR听by emailing听[email protected]听or via the听.听