Trade
Fact checks around imports, exports and trade figures
Post-Brexit trade deals: the Norway and Canada options explained
We look at possible models for a UK-EU free trade deal after Brexit, based on Norway and Canada’s deals. It covers tariffs, customs checks, trade with the rest of the …
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What is a trade deficit and do we have one with the EU?
The UK had a £70 billion ‘trade deficit’ with the rest of the EU in 2017.
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Trading places: Who are the UK and Germany’s biggest trade partners?
The UK’s biggest export market is the USA. We exported 18% of our goods and services there in 2016, followed by Germany which took 9% of our exports. Our biggest …
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Trade across the Irish Sea
In 2016, the majority of Northern Irish goods trade sent outside its borders went to Great Britain.
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Post-Brexit customs: Max fac and the customs partnership explained
The government outlined two post-Brexit customs options. “Max fac” aims to create a “frictionless” customs border. A customs partnership would create a system where the UK collects EU tariffs.
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Comparing economic growth across the world
The economies of East Asia, Southeast Asia, and South Asia grew by 5.6%, 5.3%, and 6.5% respectively in 2017. That’s significantly faster than the UK, USA, and EU.
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How the EU works: what is the customs union?
The EU’s customs union was first established in 1968 by the six founding member states of the current EU (Belgium, France, Germany, Italy, Luxembourg and the Netherlands).
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Lorries at Dover
The Port of Dover has previously said that between 1% and 3% of lorries arriving at Dover are not from the EU, but we haven’t been able to confirm the …
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Over half of UK exports were via EU trade agreements in 2016
Just over half of UK exports were done via EU trade agreements in 2016. 43% of exports went to EU member states.
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Trade across the Irish border
Trade across the Irish border was worth at least £5 billion in 2016.
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