Post by totheleft3 on Oct 25, 2022 8:18:28 GMT
www.google.com/url?q=https://obr.uk/box/the-latest-evidence-on-the-impact-of-brexit-on-uk-trade/&sa=U&ved=2ahUKEwj9v7qZ9fr6AhUPZcAKHWPmB-cQFnoECAgQAg&usg=AOvVaw2D90WxQry58m56lu3pM05mI
In the fourth quarter of 2021, goods imports from the EU were down 18 per cent on 2019 levels, double the 9 per cent fall in goods exports to the EU.
www.google.com/url?q=https://www.telegraph.co.uk/business/2021/07/05/mystery-disappearing-imports-eu/&sa=U&ved=2ahUKEwj9v7qZ9fr6AhUPZcAKHWPmB-cQFnoECAkQAg&usg=AOvVaw1OqWH0SyLN_gtbuauZBu
The difference in the changes of EU imports versus non-EU imports is not because firms have suddenly found wonderful new import sources from the rest of the world,” he says. “It’s because their trade costs have gone up with the EU.”The ongoing damage can be seen across the top EU import categories. Although material imports are flat compared with the final quarter of last year, machinery, food & animals and chemicals are 16pc, 20pc and 25pc lower respectively.
In the fourth quarter of 2021, goods imports from the EU were down 18 per cent on 2019 levels, double the 9 per cent fall in goods exports to the EU.
www.google.com/url?q=https://www.telegraph.co.uk/business/2021/07/05/mystery-disappearing-imports-eu/&sa=U&ved=2ahUKEwj9v7qZ9fr6AhUPZcAKHWPmB-cQFnoECAkQAg&usg=AOvVaw1OqWH0SyLN_gtbuauZBu
The difference in the changes of EU imports versus non-EU imports is not because firms have suddenly found wonderful new import sources from the rest of the world,” he says. “It’s because their trade costs have gone up with the EU.”The ongoing damage can be seen across the top EU import categories. Although material imports are flat compared with the final quarter of last year, machinery, food & animals and chemicals are 16pc, 20pc and 25pc lower respectively.
