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Written question asked by Lord Empey (Ulster Unionist Party) on Thursday, 5 February 2026, in the House of Lords. It was due for an answer on Thursday, 19 February 2026. It was answered by Lord Stockwood (Labour) on Wednesday, 11 February 2026 on behalf of the Department for Business and Trade.


Balance of Trade: China

Question

To ask His Majesty's Government what estimate they have made of the UK's current trade deficit with China; and what they forecast this deficit will be in each of the next three years.

Answer

In the 12 months to September 2025, the UK ran a £43.5bn total trade deficit with China. The UK's goods and services trade balances were -£52.9bn and £9.4bn respectively. Over the same period, the UK ran an overall total trade deficit of £29.9bn with the world. [ONS UK total trade all countries Q3 2025]

Neither the UK government or the Office for Budget Responsibility (OBR), the official forecaster for the UK economy, forecasts bilateral trade balances.


Secondary information

Type
Written question
Reference
HL14327
Session
2024-26
Subjects
China Balance of trade
Contains statistics
Yes
Link
View this Written question on www.parliament.uk