UK’s exports rise, imports fall in February

The UK’s exports increased and imports declined in February, compared to the same period of last year, according to the Office of National Statistics (ONS) on Monday.

The total exports of goods, excluding precious metals, increased by £2.1 billion ($2.73 billion), or 7.8%, in February, driven by a £3-billion, or 25.4%, increase in exports to EU countries, ONS said in a statement.

The total imports of goods, excluding precious metals, decreased by £1 billion, or 2.2% in February due to a £0.7 billion, or 3%, decline in imports from EU countries, it added.

Source: Anadolu Agency