Trade from UK to EU 16% lower than if Brexit had not happened, report finds

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Economic and Social Research Institute analysis found ‘substantial reduction in number of products traded’

Trade from the UK to the EU is down 16% on the levels anticipated had Brexit not happened, a new report has found.

Meanwhile trade from the EU to the UK has dropped even further, by 20%, relative to a scenario in which Brexit had not occurred, according to research published on Wednesday by the Economic and Social Research Institute.

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