Global News and Digital Insights
for the Consumer Goods Industry

Trade between Ireland and Northern Ireland surged after Brexit



During the first year (2021) of Brexit, UK’s withdrawal from European Union UN, trading between Ireland and Northern Ireland expanded at an unimaginable rate. The import rate increased up to 65%, while exports to the region administered by Britain expanded up to 54%. Although Ireland’s imports from Britain were 32% lower during the start of 2021, the trading rate improved as 2021 progressed. The gross trade rate grew up to 18%, reaching the record rate of €102 billion or $116 billion, inclusive of €1.6 billion boost from Northern Ireland.

Read more from Esmmagazine

Share on facebook
Share on twitter
Share on linkedin