Chart of the Day: UK Trade Balance in Commodities

Friday, April 04, 2008
by Geoff Riley

The UK is now a net importer of all types of commodity. For nearly thirty years we have been a net exporter of oil but this has now come to an end with the long-term decline in North Sea crude oil output. The monthly deficit in finished manufactured goods has more than doubled since 2000.

PowerPoint Chart
Commodity_Trade_UK.ppt

Posted to Balance of Payments • Chart of the Day • UK Economy
Tags: trade
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Comments

Considering all those years or mercantilism/colonialism this isn’t that bad…

Posted by  on  04/04  at  07:56 AM

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