UK import value of goods and services from the EU 1999-2020
export partner of the UK, but also because through the EU membership, the UK is currently enjoying a number of other free trade agreements with third countries.
As displayed in this statistic, the United Kingdom imported goods and services from the EU on an ever-increasing level since 1999. The majority of non-food goods to come into the UK from the EU was clothing, which was followed by furniture. In food category, beverages were the leading category that the EU supplied for the UK as imports.
As it stands, the trade balance between the UK and the EU is defined by a deficit: the UK imports more goods and services than it exports to the EU. In the case of a hard Brexit where the UK leaves the EU with no deal terms, the UK will have to abide by the external tariff imposed by the EU.
The United Kingdom is anxiously waiting for the extended October 31 deadline to deliver Brexit, while a deal, particularly one that covers trade with the EU is not yet in sight. This lack of a solid trade agreement plans is a legitimate source of anxiety, not least because the EU is also a prominent import and Clothing and beverages from the EU
As displayed in this statistic, the United Kingdom imported goods and services from the EU on an ever-increasing level since 1999. The majority of non-food goods to come into the UK from the EU was clothing, which was followed by furniture. In food category, beverages were the leading category that the EU supplied for the UK as imports.
UK-EU trade balance
As it stands, the trade balance between the UK and the EU is defined by a deficit: the UK imports more goods and services than it exports to the EU. In the case of a hard Brexit where the UK leaves the EU with no deal terms, the UK will have to abide by the external tariff imposed by the EU.