As such, it is difficult to assess the extent to which trade movements reflect short-term trade disruption, or longer-term supply chain adjustments. The impact of the coronavirus (COVID-19) pandemic has caused higher levels of volatility in trade statistics in 2020. Subnational trade analysis Total trade in goods and services by English region and devolved nation The West Midlands saw the highest year-on-year percentage fall in total exports, driven by a 26.5% decrease of trade in goods in the manufacturing industry, and a 77.6% decrease of trade in services in the accommodation and food service activities industry.Ģ. There was a year-on-year fall in total exports and imports across all nations and regions because of the coronavirus (COVID-19) pandemic, with London and the East of England recording the smallest percentage decrease in total exports at 1.9% and 4.3%, respectively. The value of goods imported by the South East was higher than any English region (£87.0 billion) in 2020, 61.8% of which were by the wholesale and motor trade industry. London exported £145.9 billion in trade in services in 2020 this was the biggest contribution to England's total trade surplus of £9.8 billion. ![]() In 2020, there was a total UK trade surplus of £6.3 billion with England, Wales, Scotland, and Northern Ireland all exporting more than they imported.
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