UK Rollercoaster Ride For Tropical Wood Imports Driven By COVID And Brexit. ITTO European Market Report 15th February 2022

Tropical timber imports at docks

UK GDP increased 7.5% in 2021, the fastest annual growth rate in the UK since the second world war and making the UK one of the world’s fastest growing economies last year. But this “rise” must be considered in the light of the UK being amongst countries worst affected by the COVID-19 pandemic which led to a 9.4% fall in GDP in 2020 at a time when there was already uncertainty due to the country’s departure from the EU.

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