Essential EU-UK trade accord

If Britain fails to secure a trade deal after leaving the EU’s customs union – which allows the circulation of goods without duties – UK tariffs could be added to more than €47 billion of EU goods


UK imports of goods (2018, most recent complete year, £1 = €1.1336)

Goods from EU 	From rest of world 	Total
£265.7bn 	£223.2bn I 		£488.9bn 
€301.2bn	€254.6bn		€555.8bn
						
										Total
€76.4bn	€48.0bn		€32.8bn	€30.2bn	€21.7bn	€18.8bn	€15.5bn	€57.8bn		€301.2bn
Germany	Netherlands	France	Belgium	Italy	Spain	Ireland	Rest of EU


Sectors at risk (500-plus goods could face UK tariffs if negotiations fail)

Automotive vehicles, wheels, tyres: €38.4bn
Meat and dairy: €5.3bn
Textiles, clothing, ceramics: €3.6bn
Total €47.3bn

€5bn Added costs for EU goods

2018: Germany sold €17.5bn of autos to UK. Tariffs of 10% to 16% would add €1.8bn


Sources: Bloomberg, House of Commons Library 
Picture: Getty Images 
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