Brexit Red Tape Continues to Worsen UK-EU Trade, Report Finds

Aston University study reveals a significant decline in goods trade since Brexit, with small businesses hit hardest.

UK goods exports to the EU have fallen by 27% and imports by 32% since the Brexit trade deal was signed.
The variety of British goods exported to the EU has decreased, with 1,645 fewer types of products being shipped.
Small businesses, particularly in agrifood, textiles, and material-based manufacturing, are struggling with new non-tariff barriers.
Economists warn that the negative impacts of Brexit on trade are deepening and likely to persist, with 2023 showing the most pronounced declines.
The UK government aims to improve trade ties with the EU but rules out rejoining the single market or customs union.