Implications of Brexit for developing countries’ agri-food trade

Back to Brexit, I’m afraid, but I thought readers of this blog might be interested in a recent working paper I have written on this topic. Brexit (the UK’s exit from the European Union) will have important repercussions for the agri-food trade of developing countries because of the UK’s size (it is the sixth largest economy in the world) and its important role as an importer of agri-food products (it accounts for 12% of the EU’s imports from developing countries). These effects will occur through a variety of different channels.

Some of the key conclusions of the paper are:

• There will be higher trade costs for UK-EU27 trade.

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Brexit and Irish agri-food trade

I am preparing to give evidence to the Irish Oireachtas Joint Committee on Agriculture, Food and the Marine on Tuesday 17 January on how Brexit might impact on the Irish agri-food sector. Ireland is the EU Member State with the most to lose from Brexit, and the Irish agri-food sector is the most vulnerable economic sector because of its high dependence on the UK as an export market. More than 80 per cent of Ireland’s key beef and dairy production is exported. Although there has been some diversification away from the UK over the past decade, it still takes 43% of all Irish agri-food exports.

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