ADVERTISEMENT

Irish Imports from Great Britain Drop Again Amid Brexit Fallout

Irish Imports from Great Britain Drop Again Amid Brexit Fallout

Sign up for our Beyond Brexit weekly newsletter, follow us @Brexit and subscribe to our podcast.

Imports to Ireland from Great Britain slumped in March, as Brexit continued to impact business between the two countries.

Goods imports from Great Britain, which does not include Northern Ireland, fell 31% in March compared to a year ago to 992 million euros ($1.2 billion), Ireland’s statistics office said in a statement, continuing a trend since the U.K. left the EU. Goods imports dropped 48% in the first three months of the year.

Exports to Great Britain from Ireland increased 13% during March compared to a year ago. Still, exports dipped 3% in the first quarter compared to the same period in 2020.

In contrast, exports to Northern Ireland from the Irish Republic jumped in the first three months of the year to 692 million euros versus 557 million euros a year ago. Imports from the region increased to 748 million euros from 519 million euros over the same period.

©2021 Bloomberg L.P.