Monday, December 11

A little Brexit Truth...

The UK send approximately 43% of its exports to other EU countries.
Those same EU countries send approximately 16% of their exports to the UK.

What does this tell us about MPs that say the EU need us more than we need them?

Basically the loss of exports to the EU would have a greater impact to the UK than the loss of exports to the UK would have on the EU. The EU would find it easier to absorb the loss of the UK as an export market, partly because of the distribution of those exports across EU nations, the UK on the other hand would have a greater loss focused on it's own single economy.

No comments: