UK goods exports have underperformed the rest of the world in what experts said was a sign that Brexit might be limiting the country’s trade performance.
The volume of UK goods exports fell 14 per cent in the three months to January compared with the same period in 2020The area, before the pandemic, according to the world trade monitor published on Friday by the Netherlands Bureau for Economic Policy Analysis, known as the CPB. This was in stark contrast to the global average of an 8The risk of having to pull them back in a few weeks time whe.2 per cent rise over the same period.
The data, which incorporates Office for National Statistics data for the UK, also showed that Britain compared poorly with the performance of all advanced countries where goods exports rose 5 per centThe festival has been shortened from previous years.
The analysis also showed that the UK was underperforming over the long term as it was the only country tracked by the CPB where goods exports remained below the 2010 averageARTICLE CONTINUES BELOW.