For roughly three quarters of UK businesses in the wholesale and retail industry, the cost of importing has increased in comparison to their expectations in the month of September in 2023. only five percent of businesses that responded to the survey found that the cost of importing had decreased from the cost at that time of the previous year.
Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023
As a percentage of businesses not permanently stopped trading that have imported in last 12 months and reported on their businesses importing in the last two weeks
Supplementary notes
Survey question: "How did your business's cost of importing in September 2023 compare with this calendar month last year?"
Data in this graph is taken from the responses of businesses in the industry 'Wholesale and retail trade; repair of motor vehicles and motorcycles'
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Office for National Statistics (UK). (November 2, 2023). Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/
Office for National Statistics (UK). "Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023." Chart. November 2, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/
Office for National Statistics (UK). (2023). Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/
Office for National Statistics (UK). "Change in The Cost of Importing for Wholesale and Retail Businesses in The United Kingdom Compared to Normal Expectations as of September 2023." Statista, Statista Inc., 2 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/
Office for National Statistics (UK), Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/ (last visited September 20, 2024)
Change in the cost of importing for wholesale and retail businesses in the United Kingdom compared to normal expectations as of September 2023 [Graph], Office for National Statistics (UK), November 2, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1268273/uk-business-import-costs-change/
