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20-Year Record Trade Surplus (14 Mar 2006)

UK Machine Tool Sector registers a 20-year record trade surplus in 2005 14 March 2006 Exports of metal working machine tools from the UK were worth £438.0 million, an increase of +9.0% on 2004, while imports increased by +6.1% to £404.0 million, giving a trade surplus for 2005 of +£34.0 million, the highest since 1982; furthermore, the run of three consecutive trade surpluses from 2003-05 is the longest since the 1980-83 period. The growth in...

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