A year in trade news: Our most popular stories from 2022

Thu 22 Dec 2022
Posted by: Phillip Adnett
Trade News

International Trade news

As the year draws to a close, the team at the IOE&IT Daily Update reflects on the stories that you read most throughout the year.

Here, we list the three most-read stories from each month, as we chart the ups and downs of the world of international trade through our news coverage.


A trade deal with India could be as important to the UK as a deal with the US, according to a new report.

UK deal with India could have greater benefits than US or Asia-Pacific pacts, new reports finds

Cost pressures for Britain’s manufacturers are growing at their fastest rate since 1980, making higher prices for consumers inevitable.

Factory costs increase at highest rates since 1980s with export prices set to continue rising

Foreign secretary and Brexit minister Liz Truss has agreed to intensify talks on the Northern Ireland Protocol with hopes of getting a deal over the line by March.

Promise of ‘Northern Ireland Protocol deal by March’ as Liz Truss intensifies negotiations


Some 24 hours after a dramatic announcement by a Northern Ireland government minister that he had ordered officials at NI ports to cease checks on agri-foods imports from Great Britain, reports suggest those checks are still being carried out.

‘Checks continue on goods entering NI from Great Britain’ despite ministerial order to stop them

The government is asking businesses, traders and the public to get involved in helping to shape long-term customs policy.

UK government seeks business input on long-term customs systems – including Single Trade Window

The UK’s export credit agency is standing behind Jaguar Land Rover’s £650m push into electric vehicles. UK Export Finance (UKEF) is backing 80% (£500m) of a loan by 12 banks that will support the research, development and export of the next range of battery-powered Range Rovers.

Jaguar Land Rover lands UKEF-backed export loan but chip shortage struggles continue


An Estonian-owned cargo ship has sunk today in the Black Sea off the Ukrainian port of Odessa after an explosion, Reuters has reported.

Estonian cargo ship sinks off Ukraine coast near Odessa after explosion

Moving aid and donations to the people of Ukraine has been made easier thanks to a HMRC easement on making customs declarations, HM Government announced today.

STOP PRESS: HMRC announces customs easement to 'fast-track' Ukraine aid exports

China has locked down Shenzhen city and the Jilin province following Covid-19 outbreaks at the weekend, threatening technology supply chains.

With China in further lockdowns as Covid-19 resurges, whose supply chains will be most affected?


The government has revealed that one of its major IT systems for overseeing customs controls on goods entering and leaving Britain is experiencing “ongoing issues” and that interim measures have been put in place until midday Thursday (7 April).

Interim measures announced to keep goods moving with GVMS experiencing ‘ongoing issues’

The UK has unleashed new sanctions against Russia in response to its invasion and alleged war crimes in Ukraine.

UK, US and EU announce new sanctions – latest on the crisis in Ukraine

British ports are seeking “urgent engagement” with the government to recover the money they have spent building border infrastructure to be ready for new post-Brexit checks in July.

UK ports ‘exploring legal options' following government change to EU imports procedures plan


Prime minister Boris Johnson met with Northern Irish leaders today (16 May) to cajole them to “get back to work” amid the Stormont impasse over the Northern Ireland Protocol.

Northern Ireland Protocol bill: six key elements it will contain, according to media reports"

British exporters have been warned about the importance of conducting due diligence on their customers and suppliers following reports that British-made components have ended up in Russian weapons used in the war in Ukraine.

Ensure you know your end-user, firms warned after UK-made parts are found in Russian weapon systems

Foreign Secretary Liz Truss today set out plans for legislation that would allow the UK government to override parts of the Northern Ireland Protocol.

Liz Truss announces green and red channel plan for law ‘changing’ the Northern Ireland Protocol


The UK government published its controversial Northern Ireland Protocol Bill today in a move described by foreign secretary Liz Truss as a ‘fix’ to post-Brexit trade issues between Great Britain and NI.

UK bill altering the Northern Ireland Protocol is published as EU 'prepares to take legal action'

The European Union today (15 June) initiated legal proceedings against the UK, following the publication of a bill that would unilaterally modify the Northern Ireland Protocol.

EU launches fresh legal action against UK after changes to NI Protocol

HMRC is introducing four new easements around the submission of safety and security (S&S) information for vehicles taking goods into and out of the UK - in a move that will be welcomed by the logistics sector.

Four safety and security facilitations to be introduced in July


Prime minister Boris Johnson has today (7 July) announced that he is stepping down from leading the Conservative Party, but is planning to continue in Downing Street as caretaker leader until his successor is in place.

As PM Boris Johnson resigns, has anything changed for the UK's trade agenda?

Conservative MPs racing to become the next prime minister are outlining their competing policy platforms, with Rishi Sunak vowing to scrap EU laws that were retained in the UK statute book following Brexit within his first 100 days in the job.

Race to become PM: Sunak vows to scrap EU rules in first 100 days in office

The government has today (Thursday 21 July) announced its public consultation on the design of a UK Single Trade Window border system and the development of any future legislation required to deliver it.

UK Single Trade Window: government launches consultation asking entire supply chain to respond


The government has reiterated to British businesses that over 3,500 firms risk “significant delays” to their imports if they don’t move to the UK’s new Customs Declaration Service (CDS).

Move to new Customs Declaration System now or risk ‘significant delays’ to imports, warns HMRC

Most businesses are not yet ready to start using the government’s new IT system for customs declarations, a poll today (23 August) has found.

Most businesses do not yet feel prepared to start using CDS despite looming deadline, new poll finds

Businesses have been told to start preparing now for the changes that the government is planning to introduce to how international trade operates in the UK at the end of 2023.

UK trade is changing,’ warns expert ahead of publication of government’s new Target Operating Model


Importers can apply to continue using the soon-to-be-replaced IT platform for submitting customs declarations, the government has confirmed today (20 September).

Importers can apply for one-month extension to CDS switchover deadline, government confirms

Customs checks on goods coming moving between Northern Ireland and Great Britain could be reduced to just a few lorries a day, the European Commission’s vice-president has said.

EU negotiator Sefcovic offers 'minimum' GB-NI border checks if UK provides real-time data

Former international trade secretary Liz Truss today (Monday 5 September 2022) won the race to become the next Conservative Party leader and prime minister – having regularly referenced her trade credentials during the seven-week contest to secure victory.

A Truss agenda for international trade: 5 takeaways from the Conservative leadership campaign



Businesses sending goods overseas need to keep a constant eye on government updates relating to customs regulations and systems to ensure they are trading compliantly.

Four government updates traders need to know about – including PEACH, CDS and WOWGR

Until relatively recently, prime minister Liz Truss’ most famous moment at a party conference concerned the UK’s overreliance on imports of pears, apples and cheese.

Five key messages from Liz Truss’ Conservative Party Conference speech

Rishi Sunak will soon ascend to the office of prime minister, becoming the third UK leader in just two months.

Sunak enters Number 10 – five stances the new PM has had on international trade


The Chancellor, Jeremy Hunt, this lunchtime (17 October) delivered a comprehensive Autumn Statement, aimed at achieving “stability, growth and protecting public services”.

Five things traders need to know from chancellor Jeremy Hunt's autumn statement

The UK’s ambition is to have the “most effective border in the world” by 2025. To have the most effective border, the intent is to build an Ecosystem of Trust facilitated by the latest technology and infrastructure

How ‘digital seal’ technology provides in-transit visibility data needed for an Ecosystem of Trust

The Institute of Export & International Trade (IOE&IT) held its annual graduation ceremony in central London yesterday, with its director general Marco Forgione praising the 2022 class as the “leaders of tomorrow”.

2022 class of IOE&IT graduates hailed as ‘leaders’ of tomorrow


UK airports and ports are set to face disruption in the lead up to Christmas as Border Force staff are the latest to join workers striking for better pay and conditions.

Border force strikes set to usher in Christmas delays at air and sea ports

2022 has been a significant year for the digitalisation of international trade in the UK. Key moments include the introduction of the Electronic Trade Documents Bill in Parliament, the government’s £180m commitment to establishing a Single Trade Window and its backing of six different consortia to run Ecosystem of Trust’ pilots.

How the Ecosystem of Trust pilots have laid the ground for further progress on trade digitalisation

The government is preparing to delay the Northern Ireland Protocol Bill as it tries to reach a deal with the EU over the post-Brexit treaty, according to reports in the national media.

Sunak to delay NI Protocol Bill as hopes grow that EU talks can secure new deal by Valentine's day