It is estimated that Brexit has led to a 45% reduction in goods imports coming from the UK to Ireland according to the Economic and Social Research Institute.

As RTE News reports, in its opening statement to the Seanad Brexit Committee, the ERSI sets out the impact of Brexit on Ireland on goods trade.

While imports from the UK are down, the think tank explains that in contrast, there has been "very little reduction observed over the past year" in Irish exports to the UK.

However, some individual sectors have experienced very large falls in exports, such as the food and beverage sector.

The ESRI estimates that Brexit led to a 25% reduction in Irish food exports to the UK and 40% reductions in beverage exports in the first half of 2021.

Imports coming from the UK to Ireland accounted for 33% of Irish imports in 2019, compared to 12% now.

Exports from Ireland to the UK have fallen from 14% to 8%.

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