UK exports to the EU plunged by £5.6billion - more than 40 per cent - in January - News Summed Up

UK exports to the EU plunged by £5.6billion - more than 40 per cent - in January


Exports of UK goods to the European Union dropped by more than forty per cent in January as Britain and Brussels began their post-Brexit trading relationship. This was largely driven by a 40.7 per cent fall in exports to the EU, worth an estimated £5.6billion. Meanwhile, imports of goods to the UK also suffered a significant hit, falling by £8.9billion overall, approximately 21.6 per cent. Since January, the business has seen 20 per cent of its online sales wiped out because of post-Brexit restrictions on EU trade. Mr Spurrell said his average online order is for approximately £30 so there was 'absolutely no way' he could continue with EU exports.


Source: Daily Mail March 12, 2021 08:15 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */