EU lose out on UK imports to rest of world
The first quarter trade figures for the UK show a sharp decline in the trade deficit, Much of this relates to higher stock levels last year which needed using up. The figures also show, however, some shift in our pattern of imports, bringing in less from the EU and more from the rest of the world. This probably reflects the aggressive and unhelpful stance of the EU over trade matters.
If we compare the month of March 2021 with March 2019 before the pandemic disrupted economies and trade we see a £1.3bn fall in imports of EU miscellaneous manufactures, a £2.8bn fall in imports of EU machinery and transport items, a £0.4bn fall in EU food and a £2bn fall in EU chemicals. In contrast the same period sees a rise of £0.2bn in rest of the world imported miscellaneous manufactures, a much smaller £0.5bn fall in rest of the world machinery and transport, a £0.1bn increase in rest of the world food and a £0.6bn increase in rest of the world chemical imports. It is always a better idea to be helpful to customers, as the rest of the world is demonstrating.
Source: https://johnredwoodsdiary.com/2021/05/12/new-patterns-of-trade-2/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).