Britain isn’t Europe’s only problem as trade activity dives — Panjiva
Más

Supply Chain Research

Britain isn’t Europe’s only problem as trade activity dives

European Union 823 Global 1389 Trade Balance 932 United Kingdom 367

International trade activity in the EU took a step down in April with intra-EU trade falling by 43.6% year over year while trade with the rest of the world dropped by 25.6%. The rest-of-world figure was dragged down by exports to the U.K. which declined by 36.0%. It’s worth noting that the U.K. only represents 12.2% of external EU trade versus 15.5% for the U.S. and 14.0% for China, limiting the leverage the British government may have in ongoing trade talks. From a global perspective, EU external exports fell by 30.6% in dollar terms, lagging the global average of a 20.8% year over year...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.