Superficially, a £31bn increase (3.5%) to £923.3bn in the value of the UK's total exports is encouraging news, says the global parcel price comparison site. When removing the effect of inflation, total annual exports increased by £17.9bn (2.0%) to £902.8bn, which was still a positive result.
However, looking at goods alone, exports were down by £8.3bn against 2024, a -2.2% fall to £377.5bn (£379.7bn including precious metals).
Parcelhero's Head of Consumer Research, David Jinks M.I.L.T., says: 'No one was expecting 2025 to be a golden year for Britain's exporters. President Trump's "Liberation Day" tariffs, announced in April last year, impacted sales to the UK's largest single nation market, while exports to the EU continued to struggle following the end of the transition period.
'However, without a strong showing from the UK's services such as finance, management consultancy, IT and insurance, 2025 would have been a poor year for UK exports. Britain's global services, worth £545.8bn last year – a £39.3bn (7.8%) rise – made all the difference.
'Looking at where this leaves UK PLC in terms of our trade balance, Britain's total annual trade in goods and services deficit widened by £4.1bn to £21.8bn in 2025. Looking at goods in particular, while the UK exported £377.5bn of goods, we imported a hefty £603.1bn of goods, leading to a sizeable £225.6bn deficit in goods alone.
'Focusing on the USA, the ongoing impact of new tariffs and the repeal of its de minimis rules means UK exporters are inevitably looking at a period of continuing volatility. Nonetheless, the US remains Parcelhero's biggest individual overseas market and a lucrative one for those exporters prepared to adapt to its challenges. Live information on US courier services, as well as plenty of advice on shipping to America, can be seen at https://www.parcelhero.com/en-gb/international-courier-services/usa-parcel-delivery
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Source: ParcelHero
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