a column by Stephen Byrne and Jonathan Rice for VOX: CEPR’s Policy Portal
While the effect of Brexit on trade between the UK and the remaining EU member states has received considerable attention, to date little work has considered the issue of non-tariff barriers.
This column explores how increased documentary compliance and border delays will affect EU members’ exports to the UK. Time-sensitive goods are found to be most at risk of suffering from increases in non-tariff barriers.
Based on current trade composition, Latvia, Ireland, and Denmark are the trading partners that will be most affected.
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