Report from ERSI Finds UK-EU Trade has Declined Since Brexit

19th October 2022

In a report, studies show that Ireland is an outlier compared to the rest of the EU in regards to trade figures with the UK. Credit: Dublin Port-twitter

According to the Economic and Social Research Institute (ERSI) the level of trade between the UK and EU has declined since Brexit began.

In a new ERSI report using both UK and EU data sources, it estimates that trade from the UK to the EU has declined by 16% wheras trade in the reverse from the EU to the UK, has dropped by 20% since January 1st, 2021.

The report highlighted that the UK has traditionally been more important as a destination for exports from the EU than as an exporter into Europe.

It was also noted that Ireland is an outlier compared to the rest of EU member states when it comes to trade with the UK.

For further figures, RTE News has more.

Published in Ports & Shipping

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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