Post-Brexit UK Still Imports More From Outside EU Than Bloc, but Gap Narrows

07/09/2021

|

U.S.News Staff | U.S.News

Britain is still importing more goods from outside the European Union than from the bloc’s single market which it left in January, but the difference is narrowing, Britain’s statistics office said on Friday.

Britain typically imported more than half of its goods from the EU until January this year when new barriers to cross-border trade went up as a result of Brexit.

In May, imports of goods from non-EU countries totalled 19.362 billion pounds ($26.74 billion) while imports from the bloc totalled 18.513 billion pounds, the Office for National Statistics said.

To read the rest of the article, please visit here