{"id":6498,"date":"2024-04-28T05:44:00","date_gmt":"2024-04-28T05:44:00","guid":{"rendered":"https:\/\/facts4eu.com\/?p=6498"},"modified":"2024-04-28T05:44:00","modified_gmt":"2024-04-28T05:44:00","slug":"uks-exports-to-usa-are-three-times-higher-than-those-to-eus-largest-economy","status":"publish","type":"post","link":"https:\/\/facts4eu.com\/2024\/04\/28\/uks-exports-to-usa-are-three-times-higher-than-those-to-eus-largest-economy\/","title":{"rendered":"UK\u2019s exports to USA are THREE TIMES higher than those to EU\u2019s largest economy"},"content":{"rendered":"<div readability=\"107.60602678571\">\n                                <a name=\"body\"><\/a><\/p>\n<h2>Brexit Britain\u2019s trade balance with non-EU world is positive, but with the EU it\u2019s still negative<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/facts4eu.org\/static\/media\/usa_germany.JPG\" alt=\"\" width=\"600\" height=\"320\"><\/p>\n<p>Montage \u00a9 Facts4EU.Org 2024<\/p>\n<h3>Brexit Facts4EU.Org reveals that the EU\u2019s \u2018Treasure Island\u2019 continues to deliver for the EU27<\/h3>\n<p>Yesterday we published the good news about the UK\u2019s soaring exports of goods and services around the world. Today we look at certain countries which Brexit Britain is exporting to. Specifically we look at how the UK is making money from the non-EU world, but not from the EU.<\/p>\n<p>As the newly independent UK continues to re-assert itself on the world stage \u2013 freed from the shackles of the EU\u2019s trade and foreign policies \u2013 Facts4EU.Org publishes some very interesting official statistics, just released.<\/p>\n<div class=\"facts4eu-summary-red\" readability=\"22\">\n<h3>Brexit Facts4EU.Org Summary<\/h3>\n<p>1. Top 3 countries buying from the UK<\/p>\n<ol>\n<li>USA\t: \u00a3191.5 bn<\/li>\n<li>\nGermany\t: \u00a360.8 bn<\/li>\n<li>\nIreland : \u00a357.4bn<\/li>\n<\/ol>\n<p>[Source : Office for National Statistics, 26 Apr 2024, calendar-adjusted current prices.]<\/p>\n<p><a href=\"https:\/\/facts4eu.org\/static\/media\/uk_trade_20240428_1.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/facts4eu.org\/static\/media\/uk_trade_20240428_1.jpg\" alt=\"\" width=\"600\" height=\"436\"><\/a><\/p>\n<p>\u00a9 Brexit Facts4EU.Org 2024 &#8211; click to enlarge<\/p>\n<p>2. Who does Brexit Britain have the best trade balance with?<br \/>\n(Exports minus imports, 2023)<\/p>\n<ul>\n<li>Exports to EU27 :\t\u00a3357.2 bn<\/li>\n<li>\nImports from EU27 :\u00a3465.9 bn <\/li>\n<li>\nBalance :-\u00a3108.7 bn<\/li>\n<li>\n<p>Exports to non-EU world\t: \u00a3507.4 bn<\/li>\n<li>\nImports from non-EU world : \u00a3432.0 bn<\/li>\n<li>\nBalance\t+\u00a375.3 bn<\/li>\n<\/ul>\n<p>[Source : Office for National Statistics, 26 Apr 2024, calendar-adjusted current prices.]<\/p>\n<p><a href=\"https:\/\/facts4eu.org\/static\/media\/uk_trade_20240428_2.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/facts4eu.org\/static\/media\/uk_trade_20240428_2.jpg\" alt=\"\" width=\"600\" height=\"437\"><\/a><\/p>\n<p>\u00a9 Brexit Facts4EU.Org 2024 &#8211; click to enlarge<\/p>\n<\/div>\n<h3>EU\u2019s \u2018Treasure Island\u2019 continues to deliver for the EU27<\/h3>\n<p>In 2023, the EU27 countries \u2018made\u2019 over \u00a3100bn profit in their trade with the United Kingdom. Economists will dispute this because of the way they evaluate trade, but for most people if you sell more than you buy, you\u2019re in profit.<\/p>\n<p>The EU27 have consistently sold far more to the UK than they have bought from us. Last year (2023) this continued. The UK\u2019s trade balance (exports minus imports) with the EU for goods and services was -\u00a3108.7 billion.<\/p>\n<p>Conversely, the UK\u2019s trade balance with the non-EU world for goods and services was once again in surplus. The UK \u2018made a profit\u2019 of \u00a375.3 billion.<\/p>\n<h3>\n<p>When Rishi was in Berlin last week, did he ask Chancellor Scholz about the deficit?<\/h3>\n<p>As we have reported, the German economy is in trouble. Their all-important manufacturing base is in difficulty and they are in recession. All the latest forecasts show this is set to continue. Meanwhile Brexit Britain\u2019s economy is growing again.<\/p>\n<p>Despite Germany\u2019s problems, they continue to sell far more to the UK than they buy from us.<\/p>\n<div readability=\"50.041200706298\">\n<h3 class=\"uppercase\">Observations<\/h3>\n<p>The latest trade figures from the ONS on Friday could not be clearer. The US is by far the largest market for UK goods and services. No EU27 country comes close \u2013 not even Germany.<\/p>\n<p>We must get reports like this out there<\/p>\n<p>Reports like the one above take far longer to research, write and produce than many people realise. If they were easy, readers would see other organisations also producing these daily. However, there\u2019s little point in the Facts4EU.Org team working long hours, seven days-a-week, if we lack the resources to promote them effectively \u2013 to the public, to MPs, and to the media. <b>This is where you come in, dear reader.<\/b><\/p>\n<p>Facts4EU.Org needs you today <\/p>\n<p><b>We are a &#8216;not for profit&#8217; team (we make a loss) and any payment goes towards the actual work<\/b>, not plush London offices, lunch or taxi expenses, or other luxuries of some organisations. <\/p>\n<p>We badly need more of our thousands of readers to become members, to support this work.  <a href=\"https:\/\/facts4eu.org\/help-us\" target=\"_blank\">Could this be you, today?<\/a>  It&#8217;s quick and easy, we give you a choice of two highly secure payment providers, and we do NOT ask you for further support if you pay once. We just hope you keep supporting us. Your membership stays anonymous unless you tell us otherwise.<\/p>\n<p><b>Please don&#8217;t assume that other people will keep us going<\/b> &#8211; we don&#8217;t receive enough to survive and we need your help today.  <a href=\"https:\/\/facts4eu.org\/help-us\" target=\"_blank\">Could you help us?<\/a> We rely 100% on public contributions from readers like you. <\/p>\n<p>If you believe in a fully-free, independent, and sovereign United Kingdom, please join now by clicking on one of the links below or you can use <a href=\"https:\/\/facts4eu.org\/help-us\" target=\"_blank\">our Support page here<\/a>. You will receive a personal, friendly \u2018thank you\u2019 from a member of our team within 48 hours. Thank you.<\/p>\n<\/div>\n<p>[ Source: Office for National Statistics, 26 Apr 2024  ] Politicians and journalists can contact us for details, as ever.\n<\/p>\n<p>Brexit Facts4EU.Org, Sun 28 Apr 2024<\/p>\n<p><a href=\"https:\/\/facts4eu.org\/news\">Click here to go to our news headlines<\/a><\/p>\n<p><b>Please scroll down to COMMENT on the above article.<\/b><br \/>And don&#8217;t forget actually to post your message after you have previewed it!<\/p>\n<div class=\"page-share\">\n<p class=\"page-share-intro uppercase highlight-red\">Share this article on<\/p>\n<p><span><a class=\"share-link share-facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/facts4eu.org\/news\/2024_apr_uk_exports_part_II\" target=\"_blank\">Facebook<\/a><\/span><span><a class=\"share-link share-twitter\" href=\"https:\/\/twitter.com\/intent\/tweet?text=UK%E2%80%99s+exports+to+USA+are+THREE+TIMES+higher+than+those+to+EU%E2%80%99s+largest+economy&#038;url=https:\/\/facts4eu.org\/news\/2024_apr_uk_exports_part_II&#038;via=facts4euorg\" target=\"_blank\">Twitter<\/a><\/span><\/p>\n<\/div>\n<div class=\"funding-request\" readability=\"11.5\">\n<div readability=\"18\">\n<p class=\"text-center\"><b>Since before the EU Referendum, Brexit Facts4EU.Org<br \/>has been the most prolific researcher and publisher of Brexit facts in the world.<\/b><\/p>\n<p class=\"text-center\"><b>Supported by MPs, MEPs, &#038; other groups, our work has impact.<\/b>\n<\/p>\n<p>We think facts matter.<br \/>\n<b>Please donate today<\/b>, so that we can continue to ensure a clean Brexit is finally delivered.<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"col-sm-5 one-off-donation\">\n<h4 class=\"highlight-red text-center\">Any credit card user<\/h4>\n<div class=\"row\">\n<div class=\"col-sm-6\">\n<div>\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/app.moonclerk.com\/pay\/72uak0b7eefu\"><img decoding=\"async\" alt=\"Donate\" src=\"https:\/\/facts4eu.org\/static\/media\/supp_sgl.png\"><\/a>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"col-sm-6\">\n<div>\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/app.moonclerk.com\/pay\/4kg41bl800na\"><img decoding=\"async\" alt=\"Subscribe\" src=\"https:\/\/facts4eu.org\/static\/media\/supp_mthly.png\"><\/a>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"col-sm-6 regular-donation\">\n<h4 class=\"highlight-red text-center\">Paypal Users Only &#8211; <span>Choose amount first<\/span><\/h4>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brexit Britain\u2019s trade balance with non-EU world is positive, but with the EU it\u2019s still negative Montage \u00a9 Facts4EU.Org 2024 Brexit Facts4EU.Org reveals that the EU\u2019s \u2018Treasure Island\u2019 continues to deliver for the EU27 Yesterday we published the good news about the UK\u2019s soaring exports of goods and services around the world. Today we look [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6498","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/posts\/6498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/comments?post=6498"}],"version-history":[{"count":0,"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/posts\/6498\/revisions"}],"wp:attachment":[{"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/media?parent=6498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/categories?post=6498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/facts4eu.com\/wp-json\/wp\/v2\/tags?post=6498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}