UK's exports drop 8.8% in April due to US tariffs

By Gokhan Ergocun

ISTANBUL (AA) - The UK's exports narrowed by £2.7 billion ($3.6 billion) or 8.8% in April on a monthly basis, the Office for National Statistics (ONS) announced on Thursday.

The country's exports to the US fell by £2 billion ($2.7 billion), "likely linked to the implementation of tariffs on goods imported to the United States," the ONS stated.

The US began to implement higher tariff rates for all countries as of beginning of April but the US and UK inked a trade deal in May.

Meanwhile, imports were stable in the month, the ONS said.

It added: "The total goods and services trade deficit widened by £4.9 billion to £11.5 billion in the three months to April 2025, because of a larger rise in imports than exports.

"The trade in goods deficit widened by £4.4 billion to £60.0 billion in the three months to April 2025, while the trade in services surplus is estimated to have narrowed by £0.5 billion to £48.5 billion."