18 Sep 2024 --- Brexit has left a pronounced impact on agri-food businesses due to diminished exports (27% drop) and imports (32% drop) since the UK-EU Trade and Cooperation Agreement (TCA) was signed at the end of 2020, finds a study. The biggest slump in export value was found for edible fruit and nuts, peels of citrus fruit or melons (73.5%). The deal’s adverse impacts have further intensified over time, and the authors are now calling for “policy interventions,” including reconfiguring supply chains, adopting digitalization, negotiating sector-specific deals, engaging with individual EU countries and supporting firms in adapting to new trade barriers.
