BBC News | UK trade deficit narrows as oil imports fall BBC News The UK's trade deficit in goods and services narrowed in November after the value of oil imports fell. The deficit - the difference between the amount imported and exported - was £3.2bn in November, down from £3.5bn from October, according to the ... Cheaper oil helps narrow UK trade gap in November EconomyOil price dents UK trade deficit, but sterling 'hurting' UK trade deficit narrows on oil slump |