Odd thing for an economist to do, confuse exports with wealth generation:
I quote this from the Guardian news summary email this morning:
British food and drink exports to the EU fell by £2bn in the first three months of 2021, with sales of dairy products plummeting by 90%, according to an analysis of HMRC data.
Overall food and drink exports to Ireland fell by 70.8% year on year, to Spain by 63%, Italy 61% and Germany 55%. The HMRC figures show dairy products down more than 90% and exports of cheese down by two-thirds compared with 2020. Whisky fell 32%, chocolate 37% and lamb and mutton 14%.
Please don’t tell me that Brexit is a success.
And please don’t tell me that these losses can be recovered from new trade deals. That is impossible.
Brexit is a simple act of economic sabotage in pursuit of racist goals.
If we don’t export it then we eat it ourselves. And imports have dropped over the same period too. So, umm, on balance not a great deal has happened.
It being important to recall that exports are our hard work that goes off to be enjoyed by Johnny Foreigner, they’re not the benefit of trade at all.