NEW Irish trade figures show that in first 9 months of this year….
NI exports to Republic of Ireland since Brexit/NIP implementation UP 60% by €1bn
RoI exports to NI - UP 48%
GB exports to ROI are DOWN 21%
ROI exports to GB are UP 23%.
No GB-NI data
cso.ie/en/releasesand…
NI exports to Republic of Ireland since Brexit/NIP implementation UP 60% by €1bn
RoI exports to NI - UP 48%
GB exports to ROI are DOWN 21%
ROI exports to GB are UP 23%.
No GB-NI data
cso.ie/en/releasesand…
significant movements in trade - but seem to reflect more impact of Brexit generally in incentivising Irish importers to shift from British suppliers to NI suppliers. RoI exports better now. GB exports to RoI not so.
No GB-NI data make it tricky to conclude stuff re Protocol.
No GB-NI data make it tricky to conclude stuff re Protocol.
NI boom in exports to Republic underpinned by yesterdays excellent payrolls data here in Belfast - fastest growth in UK. Major pharma exporters are marketing themselves as single stop place to get regulatory approval for UK and EU…
There clearly are problems with Protocol as well in terms of supplies from Great Britain to Northern Ireland (is within the UK) - with more checks to come next year - it’s just there is little actual data to quantify scale of the issue.
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