UK share in EU total trade

UK share in EU total trade

UK share in EU total trade

The most substantial drop in the UK share of EU total trade is observed during the first two years of implementation of the EU-UK TCA. Figure 5 illustrates that the UK share in EU total trade in goods amounted to 10.1 % in 2024, stagnating for four years at a similar level – at least 2 percentage points lower than before Brexit and COVID 19. The decline in the UK share in EU total trade in services over 2010-2023 was much less dramatic (on average 1 percentage point), with the most recent peak in 2018 (at 20.4 %).


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