BREXIT BENEFITS AT LAST!!!17 Feb 2025 17:42
..Or rather, NOT..
Irish figures show β¬6BILLION DROP IN TRADE with Great Britain
Value of imports and exports is now about β¬32bn, with chemical sector among those HIT BY BREXIT RED TAPE! (i thought we were getting rid of red tape?) π
Trade between Great Britain and Ireland dropped more than β¬6bn in 2024 as post-Brexit frictions hit shipments across the Irish Sea.
The value of imports and exports between the nations fell to about β¬32bn last year, down from β¬38bn in 2023, according to Irelandβs Central Statistics Office.
A near-β¬3bn drop in chemical exports from Ireland to the UK and a β¬1.6bn fall in shipments of gas and lubricants from Britain into Ireland contributed to the slump in trade.
Overall, exports from Ireland to Great Britain decreased by 10% to just under β¬16bn year on year, while imports from Britain to Ireland dropped by 21% to β¬16.6bn.
The chemical sector has been among those hit by Brexit red tape, with dual regulatory regimes operating in the EU and the UK causing costly duplication for the industry responsible for everything from paint to household cleaners.
The CSO data show a drop in mineral exports, while a separate report on Monday showed an increase in wind energy saved Ireland β¬1.2bn on importing gas in 2024.
The food and farming sector has also been hampered by Brexit, including cheese and beef, with exports in both directions requiring significant amounts of extra paperwork.
WELL DONE BREXIT MORONS!!