There are two major factors that have an impact on the UK’s international ceramic tableware trade industry, one is that the Brexit agreement has been officially passed, and the other is that the Covid 19 has not yet stopped. In comparison, the “no-deal” Brexit has a deeper impact.

The so-called “Brexit” refers to Britain’s plan to separate from the European Union. The Brexit proposal was passed by a narrow margin on June 23, 2016, and it did not officially break away from the European Union until 23:00 on January 31, 2020. Actually, the Brexit process will take some time to transition, from February 1, 2020, to December 31, 2020.

The incident will have an impact on the United Kingdom, the European Union and even the whole world. As a foreign trader, we must pay attention to its potential impact of this incident.

1) After the UK is completely Brexit (that is, December 31, 2020), there will be the independent customs operation systems between the UK and the EU. In the case of a “no-deal” Brexit, all UK goods, such as ceramic dinner sets entering and exiting or passing through EU ports need to comply with the EU Customs 24-hour (EU24HR) advance manifest system, like any other non-EU country. Moreover, each shipment to the UK needs to be declared at a British port, which may cause some problems, such as insufficient customs personnel or unstable systems.

2) Obviously, logistics time and logistics costs between the UK and Europe will also increase due to stricter customs supervision.

3) The exchange rate between the UK and other countries will fluctuate in the short term.

The new tax system indicates that after Brexit, 60% of Britain’s imported goods have tariff-free treatment. Britain’s key industries such as agriculture, fisheries, and the automobile industry are protected. Tariffs on agricultural products such as beef, mutton, poultry, and most ceramic products (stoneware, porcelain, earthenware tabletop, bone china tableware, white porcelain, porcelain mug, ceramic plate set, ceramic dishware, porcelain bowl, etc. ) are maintained, and the tariff on automobiles remains unchanged at 10%. Therefore, friends who need to do business with British companies need to prepare in advance.

Tips:

Perhaps, you will want to know why the UK insists on “Brexit”?

First of all, in terms of geographical location, Britain and the European continent are separated by the English Channel, which has the narrowest width of 34 kilometers.

Secondly, from an economic point of view, the UK uses the pound sterling instead of the euro, so the impact of Brexit on the UK is less.

Moreover, politically speaking, because there are almost no British in the leadership of the EU, its political power is not too great.

Finally, ideologically and culturally, the traditional thinking of the UK and the idea of EU integration are contradictory.

The future of Brexit is uncertain, and we look forward to its next development.