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The Graphic Truth: Bracing for Brexit

November 13, 2020
Gabrielle Debinski
and
Gabriella Turrisi

The UK has benefited from EU trade pacts with more than 70 countries. But if Britain can't reach agreement with the EU on a new trade deal before it formally leaves the EU on January 1, it could lose its preferential access to those markets. In preparation for such a scenario, the UK has signed dozens of new trade agreements, allowing countries to boost trade with the UK even after its departure from the European Union is finalized. It has also tried to prepare ground for a trade deal with the US, a process that's become more difficult with the election of Joe Biden. Here's a look at which countries and blocs have signed deals with the UK and the total value of each trade relationship.

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Mastercard

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Republican U.S. Representative Matt Gaetz speaks at a campaign rally for Republican presidential nominee and former U.S. President Donald Trump in Henderson, Nevada U.S. October 31, 2024.
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Germany rejects Russian natural gas shipments

Accompanied by tugs, the LNG tanker "Hellas Diana" transports a cargo of LNG to the "Deutsche Ostsee" energy terminal.
Stefan Sauer/Reuters

While other countries in Europe still import small amounts of Russian LNG under long-term contracts, the EU broadly is looking to import more of the stuff from the growing American market.

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