Brexit Supply Chain Building Apparent Once Fuel is Wiped Away — Panjiva


Brexit Supply Chain Building Apparent Once Fuel is Wiped Away

Brexit 71 Cons. Discr. - Autos 675 Energy - Conventional 277 European Union 413 Industrials - Capital Goods 271 Materials - Metals/Mining 495 United Kingdom 195

Britain’s international trade activity appeared, at first glance, to be following a business-as-usual track in December. International trade activity in merchandise saw growth of just 3.4% year over year in December, including trade with the EU that rose by just 2.8%. Yet, a drop in oil prices and resulting 19.7% drop in fuel import values from the EU masked a faster underlying development for industrial supply chain products. Imports of manufactured materials from the EU climbed 10.8%, including non-ferrous metal components which jumped 54.8%, while shipments of machinery increased 10.6...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.