Sales from Northern Ireland to Great Britain were worth nearly four times the value of exports to the Republic of Ireland in 2016, new data revealed.
Sales of finished products to Great Britain relied upon cross-border trade in raw materials, the Office for National Statistics (ONS) noted.
Goods going to Great Britain were worth one-and-a-half times the value of all Northern Ireland exports.
Northern Ireland’s biggest overall export in 2016 was ‘machinery and transport equipment’, which represented 36% of Northern Ireland’s goods exports https://t.co/Qajply51PY pic.twitter.com/TOLJg9Mdr0
— ONS (@ONS) August 13, 2018
The future of the Irish border is one of the most vexed issues facing Brexit negotiations in Brussels.
The report said: “The sale of finished products to Great Britain relies upon cross-border trade in raw materials and components through integrated supply chains, meaning trade with both Great Britain and the Republic of Ireland are vital to Northern Ireland’s economy.”
It said further research was needed to investigate supply-chain links between Northern Ireland and Great Britain.
#Brexit negotiation can reach good outcome. We must solve withdrawal issues incl. Ireland/NI. EU wants new partnership w/ UK on security & w/ ambitious FTA at its heart. We can do this based on #EuCo principles: indivisibility of 4 freedoms & EU autonomy https://t.co/wFaTpyql2g
— Michel Barnier (@MichelBarnier) August 2, 2018
EU chief negotiator Michel Barnier has signalled a willingness to be flexible in Brexit negotiations around the Northern Ireland border.
Fears of a return to violence have been raised if the Good Friday Agreement is damaged by the imposition of a hard border on the island of Ireland after Brexit.
The EU’s suggested solution to the problem – a common regulatory area for goods and customs with the rest of the EU – has so far been rejected by the UK as “annexing” Northern Ireland.