UK Trade with EU

(asked on 17th July 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the proportion of companies that need economic operator and registration identification numbers have them.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 22nd July 2019

Data on the proportion of companies that need Economic Operator Registration and Identification (EORI) numbers is not readily available. Using 2018 trade in goods data, HM Revenue and Customs estimate that around two thirds of the total value of trade undertaken only with the EU was carried out by VAT registered businesses which solely trade with the EU, and which have now registered for an EORI number.

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