First year of Brexit sees non-EU imports overtake EU imports for first time

clock • 2 min read
First year of Brexit sees non-EU imports overtake EU imports for first time

Annual UK goods imports from outside the EU have surpassed the value of those from within it for the first time since ONS records began in 1997, according to analysis of the latest data from Ebury, the global non-bank cross border finance business for SMEs. Imports from the UK's nearest trading bloc totalled £22.2bn compared to £25.4bn from all other countries in 2021 as the end of the Brexit transition period combined with an increase in global fuel imports reversed the historical trend. ...

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