Regular readers may recall I keep an eye on trade between Japan and the UK. After a few rumbles about “dramatic” growth in trade, I went back to my (official) sources.
Needless to say, things were a bit weird in 2020. Japan’s Covid slump was already in full flow when the UK’s kicked off in the Spring of ’20. The rapid growth in ’21 is against that backdrop.
My point is this: 2020 was a disaster, and we’re still seeing the effects. We probably will for years to come. By all means, celebrate the successes, just remember we’ve a way to go before we get back to “normal”.