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Chart of the Day: UK Trade Balance in Commodities

Geoff Riley

4th April 2008

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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

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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