Different ways of measuring trade: Where do our imports come from?
The end of the Brexit transition period, the post-pandemic recovery and the Russian invasion of Ukraine have all provoked heightened interest in the ONS trade figures, especially trade by country. While direct imports and exports between the UK and other countries are the most obvious data point, it’s often important to also know where goods have originated from.
With new figures looking at the impact of sanctions on the UK’s trade with Russia published this morning, in this post Hannah Donnarumma explains the different ways of looking at import figures, and the different perspectives they offer.
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