UK Trade with the EU: a new trading order for the manufacturing industry

PUBLISHED 27 Mar 2017

EEF urges Government to clarify its position on the customs union and customs arrangements as manufacturers reject ‘no deal’ Brexit mantra as a lose-lose scenario for the UK and EU.

In this briefing, EEF warns that a loss of access to both the single market and the customs union would condemn the manufacturing sector to a painful and costly Brexit. Any suggestion that ‘no deal is better than a bad deal’ is simply unacceptable to an industry that accounts for 45% of all UK exports.

The UK is currently the 9th largest industrial nation in the world, but its strength is underpinned by its trading relationship with the EU - 52% of all manufactured exports by value went to the EU in the 12 months to April 2016. The sector’s trading relationship with the EU is tightly interwoven and complex pan-European supply chains are commonplace, with some EEF members reporting that their production processes criss-cross European borders numerous times.

“The EU is our sector’s single biggest trading partner in a complex, tightly interwoven trading environment. Undermining the building blocks of this relationship – the single market and the customs union – without any other supportive structure in place would undoubtedly hurt our industry and condemn us to a painful and costly Brexit. The idea of being able to walk away empty-handed might be a negotiating tactic, but it would in reality deliver a risky and expensive blow. The rhetoric from the UK Government needs to focus instead on achieving a deal that will work for the UK and the EU.” Terry Scuoler, CEO, EEF

Globe spot Britian and the EU: manufacturing an orderly exit

Our report with Squire Patton Boggs says Brexit must be carefully-engineered to safeguard industry and secure new trade opportunities.

Read more>
exportreports Britain’s Global Adventure: The Export Opportunity

Our report lays out the benefits to companies of exporting and the positive impact export growth will have for the wider UK economy.

Read more >
Join Join us!

Brexit has thrown up significant challenges for manufacturers. As your voice in Westminster, Whitehall and Brussels, EEF will be providing policy insights and representing manufacturers’ views at the highest level.

Read more >
Online payments are not supported by your browser. Please choose an alternative browser or make payments through the 'Other payment options' on step 3.