26 days ago • Posted by Jasper Lawler

Another post-pandemic, post-Brexit reality: China overtakes Germany as UK's biggest importer
 

China has overtaken Germany to become the UK's biggest single import market for the first time since records began.

Goods imported from China rose 66% from the start of 2018 to £16.9bn ($24bn) in the first quarter of this year, the Office for National Statistics said.
Imports from Germany fell by a quarter to £12.5bn in the same period.

The change came as trade with the European Union was disrupted by Brexit and the pandemic boosted demand for Chinese goods.

Source: BBC

#Macro
China has overtaken Germany to become the UK's biggest single import market for the first time since records began.  Goods imported from China rose 66% from the start of 2018 to £16.9bn ($24bn) in the first quarter of this year, the Office for National Statistics said.  Imports from Germany fell by a quarter to £12.5bn in the same period.  The change came as trade with the European Union was disrupted by Brexit and the pandemic boosted demand for Chinese goods.
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