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Old 05-03-2021, 13:49   #546
Hugh
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Re: Britain outside the EU

Quote:
Originally Posted by Hom3r View Post
I can't find the actual figures posted here, but here goes

I believe someone said our exports to the EU had dropped by 70% and imports had dropped 30%.

But that dosen't really meany anything does it. I if we export £500,000,000 and they import £2,000,000,000. surely there loss is bigger than ours
2019 figures

https://commonslibrary.parliament.uk...ings/cbp-7851/

Quote:
The EU, taken as a whole is the UK’s largest trading partner. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). UK imports from the EU were £374 billion (52% of all UK imports).
UK -70% of £294 billion = £206 billion drop
EU - 30% of £374 billion - £112 billion drop
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