On the 31st of January at 11pm, we signaled the official departure of the United Kingdom from the European Union.
However, until the end of 2020 the parties will continue to negotiate the terms of the UK's operational exit from the European Union. Until December 31st, all goods will be treated in customs terms as until January 31st, with no changes whatsoever. The same applies to people, who can continue travelling in the same way, until 31 December 2020.
At the moment, the United Kingdom represents the fourth largest export customer for products of Portuguese origin, so a negative impact of between 0.5% and 1% on national GDP is estimated, according to the study carried out by CIP.
According to the same study, in the best case scenario, Portugal will suffer a negative impact of 15% on exports to the United Kingdom.
In 2019, Portuguese exports to the United Kingdom reached 8.88 billion euros, so the fall for 2020 may be between 1.3 billion and 2.3 billion euros.
Estimate that the biggest impact of Brexit will fall on the United Kingdom itself, where there will be a sharp increase in customs procedures, with strong constraints and delays in some land borders / customs.
Paulo Ferreira é o Diretor Geral e fundador da Multicargo. Um empresário com mais de 25 anos de experiência na indústria de transportes e logística. Amplamente reconhecido no setor pelo seu profissionalismo e extensas relações internacionais, tendo uma vasta rede de agentes ao seu dispor com mais de 300 escritórios em 170 países, em todos os continentes.