Mixed news for UK trade in February

The good: some bounceback after January's collapse.
EU trade up 20% in Feb-21 vs Jan-21

The bad: Trade still much lower than in previous years. EU trade 12% lower in Feb-21 vs Feb-20
Non-EU trade down only 1% over same period
Goods exports (excluding precious metals)

Feb-21 compared to Jan-21:
EU: +47%
Non-EU: - 11%

Feb-21 compared to Feb-20:
EU: -12%
Non-EU: -9%

Year to date 2021 vs 2020:
EU: -27%
Non-EU: -7%
Goods imports (excluding precious metals)

Feb-21 compared to Jan-21:
EU: +7%
Non-EU: +10%

Feb-21 compared to Feb-20:
EU: -12%
Non-EU: +4%

Year to date 2021 vs 2020:
EU: -15%
Non-EU: -3%
EU exports by sector for Feb-21 vs Feb-20 (change relative to change in non-EU exports)

Food & Live Animals: -19%
Beverages & tobacco: -26%
Crude materials: -12%
Fuels: -13%
Chemicals: -17%
Material man.: -21%
Machinery: +9%
Miscellaneous man: +11%
You can follow @thom_sampson.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: