The UN has calculated how much Britain will lose with a hard Brexit

Most of the losses will be in the export of cars, livestock products, as well as clothing and textiles

The UK will lose at least $ 16 billion of its exports, if you come from the European Union without agreement Brexit conditions. Such a forecast is contained in a study published on Tuesday in Geneva by the United Nations Conference on Trade and Development (UNCTAD).

"The study indicates that Brexit without a deal will result in export losses of at least $ 16 billion," UNCTAD experts say.

It is emphasized that most of the losses will be due to the export of cars ($ 5 billion), livestock products (2 billion), as well as clothing and textiles (about 2 billion).

At the same time, according to UNCTAD, "these losses can be much greater due to non-tariff measures, border controls and, as a result, disruption of production networks existing between the United Kingdom and the EU."

The United Kingdom was supposed to leave the EU on March 29, 2019, that is, two years after submitting a written notice of withdrawal from the community. 

However, members of the House of Commons of the British Parliament three times rejected the draft agreement on the conditions of Brexit reached between Brussels and the government of Prime Minister Theresa May. 

As a result, the EU agreed to postpone Brexit, first to April or May, then to October 31, and May was forced to resign, failing to break the deadlock. After her departure, the chair of the British prime minister was taken by Boris Johnson, who promised to carry out Brexit without a deal if Brussels does not agree with London’s main demand and does not exclude from it the backstop provision (Northern Ireland’s the regime of membership in the EU customs union and the single European market after the onset of transition Brexit).

As we already reported, Boris Johnson admitted that a “hard” Brexit can be avoided if the EU itself offers compromise options for a new deal between Brussels and London. Communicating with local farmers, he assured them of state support in case of problems with access to familiar markets after Brexit.