The £2.4bn fall driven by decline in exports of perishable goods due to red tape and costs
The value of food exports to the EU dropped by £2.4bn in the first 15 months after Brexit, according to analysis of HMRC data.
However, overall exports, which have were hit by the double whammy of Brexit red tape as well as decreased demand in hospitality due to the pandemic in 2021, recovered in the first three months of this year, the figures show.
