The UK International Trade Index: Insights into UK trade with the rest of the world

 

The Lloyds Bank UK International Trade Index, written in partnership with IHS Markit, sheds light on international trade conditions to help British businesses trade internationally and navigate export markets.

This latest edition, reflecting activity in the third quarter of 2019, brings together key export growth and supply chain data to provide insights into the challenges and opportunities for exporters.

Key findings from the October edition include:

  • UK manufacturing exports continue to fall in Q3 2019 as global trade slows. More than two-thirds of the countries surveyed by IHS Markit reported lower exports in the quarter.
  • Service sector exports stabilised, buoyed by a growth in Financial Services exports, while exports of luxury and sporting goods helped offset some of the manufacturing weakness.
  • The proportion of UK manufacturers exporting remains at historically high levels, last seen in 2005, showing the resilience and focus of UK exporters.
  • Nine out of the UK’s top ten export markets saw economic growth in the last quarter although growth in key markets slowed.

To discuss any of the details of this report or get support from our trade specialists please contact your Relationship Manager.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.

The UK International Trade Index

Insights into UK trade with the rest of the world

Lloyds_Trade_Index_Oct2019-178x252

Download report
Back to top

Expert opinion and insight on the new international landscape and what Brexit means for businesses in Britain.

Find out more

A powerful insight platform, with practical support that helps you trade internationally with your chosen market.

Find out more

For more information, contact your local relationship director, or use our online directory.

Contact us

Important legal information

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Please note that any data sent via e-mail is not secure and may be read by others.

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on Lloyds Banking Group can be found at www.lloydsbankinggroup.com

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.