Report reveals EU trade was worth £61m to the Blackpool area

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Businesses in Blackpool exported tens of millions of pounds’ worth of goods to the EU last year, new figures reveal.

Public spending watchdog the National Audit Office warns “widespread disruption” to UK trade with the EU is likely when the country exits the single market at the end of December.

HM Revenue and Customs figures show 269 businesses registered in the Blackpool area exported goods to countries in the European Union in 2019.

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This outward trade was valued at £61m – 70 per cent of the total value of exports included in the data.

The European Parliament and Britain are in ongoing trade deal negotiationsThe European Parliament and Britain are in ongoing trade deal negotiations
The European Parliament and Britain are in ongoing trade deal negotiations

The figures also show 384 businesses imported goods from the bloc at a value of £68m last year – 39 per cent of the value of all inbound trade.

The figures only include trade in goods, and not services.

Across the UK, companies exported £168bn worth of goods to the EU last year, while imports amounted to £267bn.

A recent report by the National Audit Office said there was “significant uncertainty” about whether preparations will be complete in time for the UK’s departure from the single market.It added the Government could have avoided some of the problems if it had been swifter to tackle issues such as the number of customs agents to help traders.