Posts by Matt Hughes

In the balance: Identifying differences between UK and EU trade figures

Container port

There is continuing interest in the apparent disparities between the UK’s official statistics on trade and those produced by the European Union (EU), which have increased since the end of the Brexit transition period.  The ONS is working hard to identify and resolve these issues. However, as Matt Hughes explains, a fundamental accounting difference appears to be the major factor. 

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Trade off: different ways of measuring imports and exports

Image shows a shipping container being craned off a container lorry, indicative of trade

In the post-Brexit period, official trade statistics are being scrutinised as never before.  It’s been noted that the UK figures from the ONS appear to tell a different story from those released by Eurostat, the EU’s own statistical agency. In this post Matt Hughes examines those discrepancies and explains why they don’t mean one side is necessarily wrong.    

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Trading places: measuring imports and exports through Brexit and COVID-19

Image of cranes and shipping containers at a port, indicating trade

As the ONS prepares to publish UK trade statistics for January 2021, the first month since the end of the UK’s transition period with the European Union, Matt Hughes reflects on the challenges of producing these statistics during the COVID-19 pandemic, as well as looking at some of the new ways the ONS is collecting these data, now the EU transition period has come to an end.   

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