Potential cost of EU tariffs on food exports from UK to European Union (EU) in 2015

This statistic shows the potential costs of food exports to the European Union (EU) from the United Kingdom (UK), based on trade data from 2015. Without a free-trade deal following Brexit, trade of miscellaneous edible preparations could cost approximately 111 million British pounds in EU tariffs, followed by 105 million British pounds for preparations of cereals, flours, starch or milk.

Potential cost of EU tariffs on food exports from the United Kingdom (UK) to the European Union (EU) in 2015, by product category*

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Sources

Release date

September 2016

Region

United Kingdom

Survey time period

2015

Supplementary notes

* Without the development of a free trade deal between the United Kingdom (UK) and the European Union (EU) following Brexit, the UK would be subject to the EU's Common Customs Tariff under World Trade Organization (WTO) rules. EU tariffs are uneven and depend on the type of product; values are therefore estimates based on trade data and independent calculations.

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