Exports decreased by 27% but imports decreased by 32%. So you are saying our trade balance with the EU has improved.
I think I'm going to cry.
I suppose that's one way of looking at it. The other way is to say that those imports had a role in the UK economy as goods for sale, as components in a value added process in the UK economy, as components in goods for export and so on. The UK economy is damaged as a result of those goods no longer coming in even if they are replaced by locally manufactured alternatives because the local alternatives will be higher cost and/or lower quality otherwise they would always have been used.
