Article 6C5VX UK exports in last decade worse than any G7 country except Japan

UK exports in last decade worse than any G7 country except Japan

by
Daniel Boffey Chief reporter
from Economics | The Guardian on (#6C5VX)

UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU

Britain has endured the worst exports record of any member of the G7 besides Japan over the last decade, according to a new analysis that will raise pressure on the government to reconsider its post-Brexit trade deal with the EU.

As most of the world's other major seven economies have rebounded from the pandemic, export growth has remained sluggish in the UK at a time when businesses trading with the EU faced extra red tape and costs as a result of the country leaving the bloc.

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