UK exports to EU rebound partially after January’s slump
Despite the improvement, exports still remain below 2020 levels, the UK statistics body says. …
Many companies avoided sending goods across the border in the previous month, for fear of disruption or delay, having shipped orders ahead of time where they could. Both January’s fall and February’s rebound were led by non-perishable items – chemicals, machinery – which are easily stockpiled . That trade resumed in February, while many other exporters managed to get to grips with the new formalities.
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