Brexit Supply Chain Building Apparent Once Fuel is Wiped Away — Panjiva


Brexit Supply Chain Building Apparent Once Fuel is Wiped Away

Brexit 68 Cons. Discr. - Autos 661 Energy - Conventional 272 European Union 406 Industrials - Capital Goods 265 Materials - Metals/Mining 482 United Kingdom 194

Britain’s international trade activity appeared, at first glance, to be following a business-as-usual track in December. International trade activity in merchandise saw growth of just 3.4% year over year in December, including trade with the EU that rose by just 2.8%. Yet, a drop in oil prices and resulting 19.7% drop in fuel import values from the EU masked a faster underlying development for industrial supply chain products. Imports of manufactured materials from the EU climbed 10.8%, including non-ferrous metal components which jumped 54.8%, while shipments of machinery increased 10.6...

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