The services sector is sustaining British exports in the face of a decline in merchandise trade in 2025.

 

The economy of Reino Unido It closed the year 2025 consolidating a marked gap in its external sector. According to the analysis of the British Chambers of Commerce (BCC) on the data of the Office for National Statistics (ONS), service exports boosted global sales, contrasting with the downward trend in trade in tangible goods.

 

William Bain, responsible for trade policy of the BCCHe pointed out that the gap in this "two-tier export economy" appears to be widening. "On the positive side, there is robust growth in services as they continue to emerge. They now account for 58% of all sales." Reino Unido abroad", he claimed Bain.

 

Boom in services and weakness in goods

 

The dynamism of services has been supported by areas such as , business consulting services, the computers and payments, which add to the traditional strength in the sectors legal y supportThis progress is attributed, in part, to improved market access through new trade agreements, such as the one signed with Corea del Sur.

 

Conversely, the outlook for merchandise exports is described as "deeply worrying." In the first half of 2025, these sales fell by 2.1% due to geopolitical tensions and the volatility of global trade policy. In December 2025, the volume of merchandise exports fell by 2.7%, with declines in both domestic and international markets. Unión Europea (-1.8% year-on-year) as well as towards countries outside the UE (-3.6%).

 

Trade Indicator (2025) Variation / Data
Exports of Goods (Annual Total) -2.1%
Service Exports (Total Quota) 58 %
Volume of goods exported (December) -2.7%
Exports to the UE (December) -1.8%
Exports outside the UE (December) -3.6%

 

Fourth quarter analysis and bilateral relations

 

During the fourth quarter of 2025, the value of British goods exports fell by 1.7%. Sales to the Unión Europea They fell by 3.1%, led by the drop in fuels, machinery y transport equipmentParticularly noteworthy is the reduction in imports of products such as airplanes from Alemania or food from Países Bajos.

 

As for the Estados UnidosThe value of product sales increased by 2.5% in December, driven by the inorganic chemicalsHowever, despite this monthly increase, exports of goods to EE.UU. They remain below the levels recorded three years ago.

 

  • Services on the rise: Export value grew by 1.8% in Q4, with a strong contribution from telecommunications and finance.
  • Imports are down: A 3.8% decrease in purchases from the rest of the world (machinery of Japón and ships of Corea del Sur y China).
  • Challenge for 2026: La Office for Budget Responsibility (OBR) anticipates a significant cooling of export growth.

 

Given this scenario, the BCC urges the Government to take a more proactive stance. "The key focus in 2026 must be the reduction of tariffs and non-tariff trade barriers.", concluded Bain, underscoring the urgency of acting in the face of forecasts of economic slowdown.

 

Key points and frequently asked questions about UK foreign trade

What is the main driver of British exports today?

The services sector is the main driver, already representing 58% of all exports. Reino Unidowith outstanding growth in business, financial and travel services.

How will trade in goods evolve in 2025?

Trade in goods has shown a negative trend, with a 2.1% annual drop in exports, affected by political volatility and global geopolitical tensions.

What are the prospects for international trade in 2026?

There is uncertainty due to the forecasts of the Office for Budget Responsibility regarding a slowdown in export growth, which requires greater trade promotion and the elimination of technical barriers.

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