UK Trade Deficit Narrows in November
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The UK trade deficit narrowed to £6.12 billion in November 2025, down from £6.53 billion in October. Exports rose 0.6% to £77.19 billion, while imports remained stable at £83.31 billion. Goods exports increased 1.9% to £31.37 billion, driven by higher shipments to EU countries, particularly medicinal products to Germany, Ireland, and France. Exports to non-EU countries also rose, but goods exports to the US fell 10.4% due to decreased shipments of pharmaceuticals and chemicals.
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