KNOWLEDGE BASE Import - Export Business

The information on this page was current at the time it was published. Regulations, trends, statistics, and other information are constantly changing. While we strive to update our Knowledge Base, we strongly suggest you use these pages as a general guide and be sure to verify any regulations, statistics, guidelines, or other information that are important to your efforts.


Brexit Update:
Since the UK officially left the European Union on January 31, 2020, the relationship between the two has evolved and continues to be shaped by the ongoing implementation of the withdrawal agreement.

Key Dates:

  • January 31, 2020: UK officially left the EU and entered a transition period that ended on December 31, 2020.

  • December 31, 2020: The transition period ended, and the UK fully exited the EU single market and customs union.

  • January 1, 2021: The UK-EU Trade and Cooperation Agreement came into effect, outlining the post-Brexit relationship between the two entities.

  • 2023/2024 Current: The UK and EU are still navigating the ongoing implementation and potential revisions of their post-Brexit relationship.

It's crucial for businesses operating in either the UK or the EU to stay informed about the latest developments and adjust their operations accordingly.


Import/Export Resources


Importing and exporting in the UK demands preparation and understanding. Whether you're bringing in goods or sending them out, your role, the type of goods, their value, and trade agreements with source and destination countries all play a part. Key steps include securing an EORI number, filing accurate customs declarations, checking for license needs, anticipating duties and VAT, and arranging reliable transport and logistics. Utilize official resources, consider joining relevant trade associations, and seek expert advice from customs brokers for complex procedures. Remember, the landscape evolves, so stay informed about regulation changes and market trends.

KNOWLEDGE BASE Import - Export Business