UK-EU trade saw a drop of 20% due to the Brexit

Posted on October 27, 2022   |  

• UK to EU trade fell by 20% without Brexit, which is beyond the expected decline of 16%.
• The impact of Brexit on EU-UK trade is small compared to UK trade with the rest of the world, as global exports from Britain are growing slowly.
• However, UK’s trade compared with the EU’s faster-growing performance with over 200 trading partners, Brexit's influence is big.