The change comes as Irish companies open up new supply chains to avoid tariffs and delivery delays on goods from the UK. New “third-country” trade arrangements for the UK kicked in when the Brexit transition period ended at the beginning of this year. While Irish companies are clearly buying far fewer British goods since Brexit kicked in, the impact on Irish exports to Britain is not nearly as pronounced. Irish exports to Britain fell only about 3 per cent in March compared to the same month a year ago, reaching about €3 billion. Britain accounted for about 8 per cent of Irish exports over the month.

Source: The Irish Times May 19, 2021 17:15 UTC