• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Politics

Figures show major growth in trade between Republic and Northern Ireland

Unionists have warned about the damage of post-Brexit trade arrangements and the consequences of placing a border in the Irish Sea.

Jack Peat by Jack Peat
2021-11-17 15:43
in Politics
FacebookTwitterLinkedinEmailWhatsapp

Exports from Northern Ireland to the Republic of Ireland jumped by 60 per cent in the first nine months of the year, new figures show.

Data published by the Central Statistics Office (CSO) on Wednesday reveals that imports from Northern Ireland reached 2.8 billion euro in the first nine months of 2021.

Exports to Northern Ireland from the Republic rose by 48 per cent to reach 2.6 billion euro over the same period.

The figures come amid ongoing negotiations between the UK Government and the European Union over the future of the Northern Ireland Protocol.

Seasonally adjusted goods trade exports increased by almost €100 million in Septemberhttps://t.co/K9BYCXJ5Nv #CSOIreland #Ireland #Trade #IrishTrade #Exports #Imports #Businessstatistics #IrishBusiness #BusinessNews #Brexit pic.twitter.com/kA541XoY41

— Central Statistics Office Ireland (@CSOIreland) November 17, 2021

Damage to the union

Unionists argue that the post-Brexit trade arrangements damage the union between Northern Ireland and Great Britain by placing a border in the Irish Sea.

Those trade arrangements have created economic barriers on the movement of goods between Great Britain and Northern Ireland, with the aim being to avoid the creation of a hard border on the island of Ireland.

It has achieved that by effectively keeping Northern Ireland within the EU’s single market for goods, an arrangement which has led to the checks on products crossing the Irish Sea from Great Britain.

Earlier, the UK’s chief Brexit negotiator Lord Frost expressed concern about the impact the protocol has had on trade between Great Britain and Northern Ireland.

“I think there is no doubt that the trade diversion that has occurred and the way the protocol is working has worried people about the strength of the connections and that’s playing into the sense of economic and social concern that we pick up, and it’s our wish to resolve that as consensually and reasonably as we possibly can,” he told BBC Radio Ulster on Tuesday.

RelatedPosts

Zia Yusuf mocked for claiming Kent council is spending ‘asylum budget’ on bowling and crazy golf

Trump unveils $499 gold mobile phones for ‘real Americans’

Trump gives glowing praise of Keir Starmer as he assures UK is ‘very well protected’ from tariffs

Trump says Ukraine war wouldn’t have happened if Russia was still part of G7

Changes to supply chains

The CSO also published revised figures that show trade between the Republic and Northern Ireland between 2016 and 2020 was higher than previously believed.

The figures indicated that exports from Northern Ireland to the Republic of Ireland were worth around 2.4 billion euros in 2019 and 2020.

According to the CSO: “Where a large increase in trade with Northern Ireland was recorded since the start of 2021 the data have been queried with traders.

“In many cases, the increases are explained by changes to supply chains.

“In some cases, traders reported that they had previously incorrectly reported their trading partner as Great Britain, when in fact it should have been Northern Ireland.”

Related: Theresa May becomes second former PM to condemn Johnson’s handling of the sleaze scandal

Tags: headlineNorthern Irelandunion

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Labour ‘wouldn’t hit working people with tax hikes as Tories do’ ← Young British Muslim who died trying to save elderly woman hailed as hero
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->