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BREXIT: The impact on Transport & Logistics in the UK and Ireland
Finbarr Cleary
Managing Director, Celtic Supply Chain Solutions
2021 CILTNA Virtual Spring Outlook ConferenceConférence virtuelle de printemps de L’IALTAN 2021
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• The Economy of Ireland
• UK & Ireland Trading Prior to Brexit
• UK & Ireland Trading after Brexit
• Other Dimensions of Brexit
• Overall Impact of BREXIT
Introduction
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The Economy of Ireland
• Ireland is a small Economy
• Geographic Position
• Other Trading Advantages
• Education Levels
• English Speaking
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Map of EUROPE shows Ireland’s position
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Trading Prior to BREXIT
• EU Single Market 1993
• Seamless Trading Environment
• Flexibility for Irish Exporters/Importers
• Ireland only EU country with UK Land-Border
• Monetary value of Trade
• Irish Exports
• Irish Imports
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Traffic Volumes
Direct Rollon / Rolloff services Ireland – EU
Since BREXIT direct sailings to continental Europe have increased from 6 to 34 per week.
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• EU – UK Trade and Cooperation Agreement
• Free Trade Agreement?
• UK Leaves Customs Union & Single Market
• Rules of Origin
• ALL Imports Subject to Custom Formalities & Sanitary Regulations
• All Imports Must Comply with EU Standards
Ireland /UK Trading Post BREXIT
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UK Now Outside EU
• Irish hauliers experience post BREXIT
• Practical implications transporting goods to or via UK
• Additional administrative costs
• Additional regulatory compliance implications
• Border controls delays at ports
• Implications for supply chains
• Cornflakes sold in Ireland
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BREXIT Impact on Trade Ireland / UK
• Exports Q1 2021 to UK from Ireland small reduction
• Imports Q1 2021 from UK to Ireland fell by over 60%
• Exports Q1 2021 from Ireland to EU increased by 14%
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Other Dimensions of BREXIT
• Northern Ireland
• Arrangements for Managing BREXIT
• North American Trade
• Flour ex Canada
• CETA agreement
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Overall Impact of BREXIT
• Negative for Ireland
• Ireland in a position to exploit opportunities
• Barriers to UK market
• UK products more expensive in EU
• Opportunities for Irish exporters in EU to replace UK products
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Thank You
Finbarr Cleary
Managing Director, Celtic Supply Chain Solutions
LinkedIn.com/in/finbarrcleary/
WeChat - [email protected]