Mumbai, April 11 -- The UK recorded a £1.96 billion trade deficit in February 2025, reversing from a £0.30 billion surplus in January. Exports rose slightly by 0.2% to £76.24 billion, the highest in 27 months, while imports jumped 3.2% to £78.19 billion, an eight-month high. Goods exports dipped 0.1%, though services exports rose 0.4%. Goods imports surged 5.2%, driven by aircraft from the US and cars from Germany, Spain, and Belgium. Meanwhile, service imports declined by 0.6%.
Published by HT Digital Content Services with permission from Capital Market....