A gauge of Britain's trade with countries outside of Europe. The headline figure, expressed in billions of Pounds, is the value of exports to Non European Union countries minus the value of imports from those countries. A positive value represents a trade surplus while a negative value amounts to a trade deficit. The value of Great Britain's non-EU trade is about 30% less than that of its intra-EU trade, and the distinction between EU and non-EU figures can help investors anticipate which currency pairs will be most affected by changes in the UK trade balance.

Relevance : Tends to move the market.
Release schedule : 8:30 (GMT); monthly, within 40 days following the reporting month
Source of report : Office of National Statistics
Web Address : http://www.statistics.gov.uk/
Address of release : http://www.statistics.gov.uk/default.asp
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Refer > Balance of Payments > Balance of Trade > Overseas Trade > Extra Trade
AKA : Non EU Trade Balance on Goods and Services