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Post-Brexit UK Trade Shows Decline of 14-17% Against Pre-2016 Trends

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Key Findings:
Niesr: UK exports 16.9% lower, imports 16.1% lower than expected based on pre-2016 trends.
Centre for European Reform: UK goods exports hit by 16%, imports by 14%, accounting for exclusion from recent intra-EU trade surge.

Other European research shows similar drops in trade with the UK.

Methodology

Both estimates rely on statistical judgment and selection of method.