Knowledge behind this bulletin is obtainable via the UK Trade Info site:
From 31 December 2020, the free motion of individuals and items and companies between the UK and the European Union (EU) ended. This meant HMRC has modified sources and methodologies of the commerce in items statistics.
UK to EU exports
For items transferring from 1 January 2021, GB to EU export statistics have been compiled straight from customs export declarations made in line with the necessities of the Taxation (Cross Border Commerce) Act. Intrastat survey returns, nevertheless, continued to be collected for items exported from Northern Eire to the EU, underneath the phrases of the Northern Eire Protocol.
Each the GB to EU customs export declaration knowledge and NI Intrastat export (dispatch) knowledge had been integrated into the general UK to EU export dataset.
On account of the modifications and variations outlined above, there was a break within the timeseries for printed UK to EU export statistics from January 2021.
UK imports from EU
UK imports from EU statistics weren’t impacted by any change in 2021. The Intrastat survey continued to function for all UK (GB and NI) imports (arrivals) from the EU, to mitigate the consequences of staging customs controls, and to adjust to the Northern Eire Protocol.
Nevertheless, from 1 January 2022, Intrastat solely utilized for actions of products between Northern Eire and the EU. Statistics on actions to GB from the EU have been compiled straight from customs import declarations. Each the EU to GB customs import declaration knowledge and NI Intrastat import (arrivals) knowledge had been integrated into the general EU to UK import dataset.
On account of the modifications and variations outlined above, there was a break within the timeseries for printed EU to UK import statistics from January 2022.
Northern Eire Commerce
Figures derived from Intrastat embody the next:
Estimates for companies who’ve but to submit detailed knowledge on the commerce that they had with different EU Member States this month.
Estimates for companies who shouldn’t have to submit detailed knowledge on the commerce they’ve with different EU Member States.
Estimates are included in all high-level totals together with commodity (HS2) and nation totals.
Non-EU commerce are compiled from customs declarations collected by the CHIEF (Customs Dealing with of Import and Export Freight) system. Declarations collected through the Customs Declarations Service (CDS) are included: for imports from August 2020 month of account; and for exports from December 2020 month of account onwards. Detailed commerce info is offered in line with the Harmonised System (HS) nomenclature.
Low Worth Commerce
For commerce in items collected from customized declarations (UK commerce with non-EU and GB commerce with EU), imports and exports of a person worth of £873 or much less are aggregated underneath SITC group 931 – ‘Particular transactions and commodities not labeled in line with type’, and labeled to a single commodity code – 99500000. This commerce shouldn’t be analysed both by commodity or nation. Statistics for particular person commodities are subsequently poor by these quantities.
For Intrastat (NI–EU), transactions (that’s, bill strains) with a worth of £175 or much less will be aggregated and labeled to a single commodity code (9950 0000).
Consequently, commerce in some commodities could seem as nil commerce, if all commerce in that commodity falls within the low worth combination.
The Abroad Commerce in Items Statistics Methodology paper (May 2023) covers:
- knowledge sources
- classifications and definitions
- high quality assurance
- publications and
It’s a helpful companion to the commerce knowledge, offering the definitions and methodologies on which the information are primarily based. The latest modifications within the OTS methodology are coated on this paper.
Non-Financial Gold (NMG) can kind a considerable a part of the non-EU Abroad Commerce Statistics (OTS). For additional info, see Inclusion of Non-Monetary Gold in OTS. Knowledge regarding month-to-month non-EU and EU import and export totals for January 2008 onwards with a breakdown of non-monetary gold and different commerce is obtainable in an
Relationship with different statistical publications
The mixture estimates right here will differ barely from these which can be printed by the Workplace for Nationwide Statistics (ONS) as a part of the Balance of Payments (BoP), as the two units of knowledge are compiled to totally different units of guidelines. The ONS web site supplies an outline of BoP, the place you will discover their detailed month-to-month UK Trade Releases. The BoP publication exhibits a high-level image of UK trade-in-goods, whereas the OTS publication exhibits an in depth image of the UK’s trade-in-goods by commodity and associate nation.
Nationwide Statistics Publication
HM Income & Customs launched these newest statistics on Abroad Commerce with international locations on 13 July 2023 underneath preparations set out within the Code of Practice for Official Statistics.
This launch consists of the primary provisional estimates of trade-in-goods between the UK and each international locations of the EU and people exterior the EU for Could 2023. On the similar time revisions for all beforehand printed non-EU and EU knowledge for 2022 and 2023 are additionally being launched in step with the HM Revenue & Customs Policy on Revisions.
The subsequent three publications are due for launch on the next days:
|Month of Account
|First launch date
|11 August 2023
|13 September 2023
|12 October 2023
The OTS has been reviewed as a part of an assessment product of Abroad Commerce in Items Statistics by the UK Statistics Authority.
The UK Statistics Authority has designated these statistics as Nationwide Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Observe for Official Statistics. Designation will be broadly interpreted to imply that the statistics:
meet recognized consumer wants;
are effectively defined and readily accessible;
are produced in line with sound strategies; and
are managed impartially and objectively within the public curiosity.
As soon as statistics have been designated as Nationwide Statistics it’s a statutory requirement that the Code of Observe shall proceed to be noticed.
Now that the UK has left the EU, it is crucial that our statistics proceed to be of top of the range and are internationally comparable. All releases proceed to be produced in accordance with the UK Statistics Authority’s Code of Observe for Statistics in addition to internationally agreed statistical steering and requirements.