Biggest fall since 1997: UK trade with EU dives in first month of new Brexit ties

Exports and

Exports and imports from Britain to the European Union plunged in January – the first month of the nation’s new trade relationship with the bloc – according to data published Friday by the Office for National Statistics (ONS).

Data showed that exports of goods to the EU, excluding non-monetary gold and other precious metals, plummeted by 40.7 percent in January, while imports tumbled 28.8 percent.

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