Trade

Irish-UK trade down after fresh Brexit customs controls

Imports to Britain slumped 35 per cent in February

Ireland exported €1.2 billion worth of goods to Britain, while it imported €1.4 billion. Picture: Getty

Imports from Britain plummeted 34 per cent in February compared to the same month last year on foot of new customs controls from the UK.

New statistics from the Central Statistics Office (CSO) show that exports to Britain also suffered, down 5 per cent annually.

Ireland exported €1.2 billion worth of goods to Britain, while it imported €1.4 billion, out of a total unadjusted envelope of €15.9 billion and €10 billion respectively. This compares with ...