Irish trade stats prove Protocol critics right
Brexit Facts4EU
Posted On February 18, 2022
Massive trade substitution puts United Kingdom under threat:
Below we are publishing a report by one of our affiliate organisations, Brexit Facts4EU.Org. The report shows clearly how the Northern Ireland Protocol has resulted in trade substitution and is putting the Union at great risk.
Facts4EU.Org have analysed the figures and show these in simple charts. They have also included an important quote from the Rt Hon Sir John Redwood MP.
We are grateful to our friends at Facts4EU for permission to re-publish an extract of their work.
The politicians who back the Protocol can no longer deny the truth
The Irish figures for international trade in 2021 have this week been released and confirm a massive shift of the goods previously sold between Northern Ireland and mainland Britain now being replaced by trade between Northern Ireland and the Republic.
Imports of goods from the Republic of Ireland into Northern Ireland rose by 54% to €3.9bn.
Exports of goods from Northern Ireland to the Republic of Ireland also rose, by 65% to €3.7bn.
In contrast the trade between the Republic of Ireland the Great Britain has altered differently
Imports of goods from the Republic of Ireland into mainland Great Britain rose by €2bn or 17% to €14.4bn.
Yet exports of goods from mainland Great Britain to the Republic of Ireland fell by €2.4bn or 13% to €15.4bn.
John Redwood commented:
“If the EU does not stop breaking the Northern Ireland Protocol by diverting trade and alienating the Unionist community the U.K. government should take control of GB/NI trade.
We should enforce the provisions that make clear NI is part of the U.K. internal market.”
– Rt Hon John Redwood MP, personal Twitter account, 17 January 2022
For the full article, including further statistics and observations, visit facts4eu.org
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Featured Image: Montage © Facts4EU.Org 2022
