UK goods exports to the United States fell by 13.5% over the past year, a decline of approximately £2 billion, according to the Office for National Statistics for Q2 2025. Exports to European Union countries also decreased, dropping 2.1% in June compared with the same month in 2024.
The East Midlands Chamber highlighted that the reduction in US-bound exports coincides with the introduction of fluctuating tariffs on UK goods. While direct causation cannot be confirmed, the tariffs are likely to have affected trading patterns and added complexity for exporters.
Exporters report ongoing challenges in moving goods to EU markets, citing extensive paperwork requirements that increase operational costs and processing time.
The UK government’s Trade Strategy includes measures intended to support businesses, including SME-focused initiatives and investment in UK Export Finance. Details on implementation remain limited, leaving firms seeking clarity on how these measures will function in practice.
The Chamber’s International Trade Department continues to provide guidance to businesses pursuing overseas markets, aiming to reduce administrative burdens and streamline export processes.
