The rapid rise in British exports slowed in April with a 13% growth rate being the slowest since September. It still outpaced imports’ 8% rise with the result that the trade deficit in goods was 13% lower than expected. The outlook is not bright. The election results may mean a softer stance towards Brexit, but introduces uncertainty that could weaken the pound and boost exports. British managers’ export outlook remains near its highest since 2011. However, Panjiva data shows seaborne shipments to the U.S. fell 9% in May, while exports to China fell 3% in dollar terms in May too.