In the balance: Identifying differences between UK and EU trade figures

Office of National Statistics (UK)
Thursday, July 8, 2021
There is continuing interest in the apparent disparities between the UK’s official statistics on trade and those produced by the European Union (EU), which have increased since the end of the Brexit transition period. The ONS is working hard to identify and resolve these issues. However, as Matt Hughes explains, a fundamental accounting difference appears to be the major factor.
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