Goods imports up and exports down

The latest trade data published by ONS in June revealed that goods imports were up and exports were down in April.

William Bain, Head of Trade Policy at the British Chambers of Commerce, said: “Services continue to perform particularly well among UK exports, with solid increases in the past three months. Goods exports performed less well in April, as in recent months.

“The BCC’s election manifesto and our recent Global Britain report set out clear options for policymakers to improve UK trade performance.”

The UK Trade Picture in Detail Goods oods import volumes e cluding in ation rose by 7.8% in April, with similar increases for both the EU and the rest of the world. Imports from the EU rose by 7.7% (£1.6 billion). This was led by rises in machinery and transport equipment, and food. Non-EU imports volumes rose by 7.9% (£1.3 billion) driven by higher miscellaneous manufactured goods and fuels. Goods export volumes fell by 2.8%. For the EU, they fell by 1.4% (£0.2 billion), after adjustment for in ation the main decline being in crude oil sales to Germany. Non-EU goods exports volumes fell by 4% (£0.5 billion), driven by chemicals exports. This was offset to some degree by higher fuel, machinery and transport equipment exports.

Services

UK services trade showed another month of consistent growth in both import and exports. In the month of April, services exports increased by an estimated 0.6% (£0.2 billion) on values measure. At the same time, imports increased by 0.9% (£0.2 billion) on the values measure.

More detail on the latest ONS trade data can be found at www.ons.gov.uk

CDS Rose Limited was founded by Wiliam and Shirley Carter in 1988 in Erith Kent. The primary services of the business were acid descaling of large commercial boilers and condensers along with the pre-commission cleaning of closed water systems.

The business thrived and continued to evolve to a point where their sons Daniel and Clive were able to join the company and CDS Rose continued to grow as it took on larger contracts and offered more services. Fast forward to the present day, CDS Rose Limited is now under the guidance of Daniel and Clive and has become the successful business it is today with a strong team and emphasis on customer satisfaction.

Working in a wide range of sectors including education, healthcare, leisure and commercial settings, we aim to provide the correct and appropriate services to our customers building a rapport that is strong and full of trust! We want each of our customers to feel like they are our only customer and that we care about their needs.