The European Union is the most economically valuable international trading partner for Wales and the UK, accounting for 43% and 52% of total UK exports and imports respectively in 2019. Following its exit from the EU, the UK Government has started to negotiate free trade agreements with the EU and with other countries around the world.
The Counsel General and Minister for European Transition is keen to understand how the Welsh economy’s key sectors are likely to be affected by the changes and how this should inform the Welsh Government’s discussions with the UK Government. Our work presents evidence from a literature review, interviews with sectoral bodies and representatives, and an expert roundtable.