Britain's trade deficit for goods fell in December to the lowest level for more than a year on rising oil exports and falling imports affecting the transport sector, data shows.
The overall deficit fell to STG7.7 billion ($A14.11 billion) from STG9.8 billion in November, the Office for National Statistics (ONS) said in a statement on Friday.
That was far smaller than market expectations for a December deficit of STG9.5 billion, according to analysts polled by Dow Jones Newswires.
Separately, the ONS also revealed on Friday that industrial output across Britain rebounded by 0.4 per cent in December from November.
However, industrial production grew by just 0.5 per cent in the fourth quarter from the figure in the previous three months.
That marked a downgrade from the previous expansion figure of 0.7 per cent.
