Supply Chain Research

British exports climbed 21% on a year earlier in January, the fastest rate since February 2011 and largely the result of a 68% surge in oil exports. That meant the trade deficit was modestly smaller than economists expected. Looking ahead, British export managers are more pessimistic than their global peers ahead of the start of Brexit negotiations. Additionally, shipments to the U.S. – the largest market for British products outside the EU – fell for a second month in February.