Trade: Key Economic Indicators
Latest statistics on UK's trade performance and balance of payments

This short briefing summarises the UK's progress in negotiating new free trade agreements.
Progress on UK free trade agreement negotiations (129 KB , PDF)
This briefing summarises the UK’s progress in its negotiations for free trade agreements (FTAs). It looks at negotiations which have already started and countries where the UK Government is making preparations before negotiations start. It does not go into detail on the content of the negotiations. It focusses on ‘new’ trade agreements – not those which rolled over previous EU agreements.
The UK has signed three new trade agreements since leaving the EU. The agreement with Australia was signed in December 2021 and that with New Zealand in February 2022. The digital trade agreement with Singapore was signed in February 2022. These agreements are not yet in force.
The UK Government has started negotiations for a trade agreement with the countries listed below.
Canada: there is an existing trade agreement with Canada which largely replicates that which Canada has with the EU. Negotiations for a new UK-Canada trade agreement were launched in March 2022.
Other countries where the UK is preparing for trade negotiations are:
Israel: in February 2022, the Government launched a consultation on a new trade agreement with Israel, to update the existing agreement which largely replicates the EU-Israel FTA. The consultation ends on 30 March with negotiations expected to start later in 2022.
Switzerland: in April 2022, the Government launched a consultation on a new trade agreement with Switzerland, to update the existing FTA which largely replicates the EU-Switzerland agreement. The consultation closes on 22 June 2022.
Progress on UK free trade agreement negotiations (129 KB , PDF)
Latest statistics on UK's trade performance and balance of payments
This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK.
In response to Russian military action in Ukraine, Western allies and other partners across the globe have imposed an unprecedented package of coordinated sanctions against Russia. What has been announced so far and are further measures likely? This briefing paper should be taken as correct at the time of writing.