What do new UK trade data reveal about the impact of lockdown and Brexit?
Thomas Sampson writes that lockdown probably contributed to the fall in UK exports and imports reported in the January 2021 trade data. But the bigger declines in trade with the European Union than with other countries are likely to reflect the impact of higher trade barriers due to Brexit.
1 March 2021
Economics Observatory
https://www.economicsobservatory.com/what-do-new-uk-trade-data-reveal-about-the-impact-of-lockdown-and-brexit
This Blog is published under the centre's Trade programme.