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Early indicators of the impact of the end of the EU transition period on UK businesses trading in services - Official statistics announcement


Official statistics announcement
Early indicators of the impact of the end of the EU transition period on UK businesses trading in services
Experimental estimates linking samples from the Annual Business Survey (ABS) 2018 and the Annual Survey of International Trade in Services (AITIS) 2019 with the voluntary business insights and conditions survey (BICS) for businesses that trade in services. The analysis covers topics such as importing and exporting status, and importing and exporting effect. Analysis is produced at the service type (Extended Balance of Payments Services Classification 2010) level.
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UK trade - Office for National Statistics


UK trade
UK trade: January 2021
Total value of UK exports and imports of goods and services in current prices, chained volume measures and implied deflators.
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1. Main points
Exports of goods, excluding non-monetary gold and other precious metals, fell by £5.3 billion (19.3%) in January 2021, because of a £5.6 billion (40.7%) fall in exports to the EU.
Imports of goods, excluding non-monetary gold and other precious metals, fell by £8.9 billion (21.6%) in January 2021, driven by a £6.6 billion (28.8%) fall in imports from the EU.
Falling imports of goods, excluding non-monetary gold and other precious metals, were largely seen in machinery and transport equipment, and chemicals from the EU in January 2021, particularly in imports of cars and medicinal and pharmaceutical products. ....

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