UK trade troubles loom again

Article Abstract:

The UK trade deficit could increase for a number of reasons. Germany is a major export market and is suffering recession. Exports of non-oil products to the European Union have dropped, though exports elsewhere have performed better. UK prices have also risen, and the benefits which arose after pound sterling was devalued in 1992 have receded. Lower investment levels could lead to lower imports, however, since investment tends to have a high import content.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The export mystery

Article Abstract:

United Kingdom exporters have been affected by the high value of pound sterling which has led to a drop in their profits. Export volumes increased in the three months to Feb 1998, and exporters have cut prices in order to sustain demand. An apparent deterioration in trade figures is to to petroleum price falls, rather than lower volumes from manufacturing industry. Exporters face higher costs as well as lower prices, which is hitting their profits.

Exports of Goods & Services, Prices and rates, Pound (United Kingdom)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The great deficit debate

Article Abstract:

The causes of and likely effect of the British trade deficit are examined in detail. There is concern that the trade deficit reached record levels in April 2001.

Balance on Current Account

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United Kingdom, International trade, Balance of trade
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.