- 04 Apr 2024 22:30
#15310564
In 2016 (before Brexit) the EU accounted for 43% of exports from the UK.
By 2022, that number was only down to 42%.
sources:
Statistics on UK-EU trade (europe-solidarity.eu), Briefing paper, Number 7851, 16 December 2019, Matthew Ward
Statistics on UK-EU trade Research Briefing, Research Briefing International trade Brexit Trade data, 11 May, 2023, Matthew Ward, Dominic Webb
If 43% of the UK's exports were going to the EU before Brexit, and then two years after Brexit, 42% of the UK's exports are still going to the EU, is that really such a terrible blow to the UK?
I know that's sort of cherry-picking statistics, but this is suggestive that most of the UK's economic problems are not due to trade issues specific with the EU.
By 2022, that number was only down to 42%.
sources:
Statistics on UK-EU trade (europe-solidarity.eu), Briefing paper, Number 7851, 16 December 2019, Matthew Ward
Statistics on UK-EU trade Research Briefing, Research Briefing International trade Brexit Trade data, 11 May, 2023, Matthew Ward, Dominic Webb
If 43% of the UK's exports were going to the EU before Brexit, and then two years after Brexit, 42% of the UK's exports are still going to the EU, is that really such a terrible blow to the UK?
I know that's sort of cherry-picking statistics, but this is suggestive that most of the UK's economic problems are not due to trade issues specific with the EU.