tag:blogger.com,1999:blog-36227136.post5944624269632159359..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: New figures show that 51.4% of UK goods exports are sent outside the EU and we run an EU trade deficit – does that tell us anything? OEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-36227136.post-28863787628471118522015-01-16T10:45:49.242+00:002015-01-16T10:45:49.242+00:00i believe that one of the most important aspects o...i believe that one of the most important aspects of the economy is a country's exports. in the case of Greece i truly think that they need to export more especially a product called ouzoDavidhttp://www.piraeusbank.gr/el/idiwtes/trapezikes-ypiresies/e-banking/ilektronika-kanalia-eksypiretisis/winbank-mobile-banking-appnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-10034629990788831932012-09-12T16:41:29.021+01:002012-09-12T16:41:29.021+01:00It only shows the fact that the EU is in deeper tr...It only shows the fact that the EU is in deeper trouble than ever. While we continue to be able to buy their tomatoes and other comestibles they can't buy our whisky and gin as before. <br /><br />Therefore the rise in the percentage of our exports OUTSIDE the EU could merely be the reciprocal of falling exports to the EU.<br /><br />(Actually we know that non-EU sales actually rose in real terms so the point I'm making is that as usual percentages are bad kinds of statistics as they hide the truth. ) christina Speightnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-4590804641816790182012-09-12T14:23:25.312+01:002012-09-12T14:23:25.312+01:00Sorry Typo
Don't forget that this trade balan...Sorry Typo<br /><br />Don't forget that this trade balance includes the trade that we ship worldwide through Antwerp, Rotterdam and so on, all of which is counted as exports from here to EU. The real value of our export trade to the EU is less than 40% of our total and our exports are 10% of our trade. So exports to EU are 4% of our trade. But even on that small figure, we make 4 BILLION POUNDS PER MONTH TRADE DEFICIT (19 billion import, 15 Billion export to EU. EU trade is a huge loss-making disasterRollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-56304739637592805432012-09-12T14:18:58.651+01:002012-09-12T14:18:58.651+01:00Why do British Exporters ship through Antwerp and ...Why do British Exporters ship through Antwerp and Rotterdam? Because there are so many empty trucks going back across the channel. The trucking companies will take a load for less than the cost of the ferry, to cut their losses or improve their profits, instead of going back empty. Why would they go back empty? Because of the huge trade deficit we have with the EU.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-70896198619652911242012-09-12T14:05:28.664+01:002012-09-12T14:05:28.664+01:00Don't forget that this trade balance includes ...Don't forget that this trade balance includes the trade that we ship worldwide through Antwerp, Rotterdam and so on, all of which is counted as exports from here to UK. The real value of our export trade to the UK is less than 40% of our total and our exports are 10% of our trade. So exports to EU are 4% of our trade. But even on that small figure, we make 4 BILLION POUNDS PER MONTH TRADE DEFICIT (19 billion import, 15 Billion export to EU. EU trade is a huge loss-making disaster.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-85195375405617878242012-09-12T13:34:26.633+01:002012-09-12T13:34:26.633+01:00Are we forgetting the 9 billion quid a year we pay...Are we forgetting the 9 billion quid a year we pay in, and thats after our rebate. What I would like to know is just why are we in and what do we really get out of it, answer, billions in and nothing out, simple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-76724594913146239702012-09-12T07:22:15.968+01:002012-09-12T07:22:15.968+01:001. As you say 50% doesnot mean a thing. However th...1. As you say 50% doesnot mean a thing. However the trend is right, diversification of markets especially if your largest market looks pretty dodgy for the future.<br /><br />2. Not agree on the relative position towards each other. Looks more like a Mexican stand off to me. It hardly matters if you end up dead with 2 or 5 bullets in your head. Mutual assured destruction.<br />Main point it at this stage the EU cannot afford a tradewar with the UK. First it will show the thEUter company is falling apart, what will do them a lot of damage with their Euro-rescue.<br />Second a big hit in their exports will bring their economy certainly in recession and a long term one. hich makes an Eurorescue even more illusive as it already is.<br />3. As said several times earlier this is the moment to start up a reneg. The UK is much more likley to win this or get a good deal compared to when everything is quiet on the Brussels front.<br />4. Points imho simple maths, just what brings you the most financial and economic benefit. But you need a proper analysis and inventory for that, it should be finished asap and also look at secundary effects.<br />5. Reducing the UKs position to a pure Common market one, might even be benificial for the whole of the EU. It is now of course completely ridiculous that there is not a European patent and people like Rollo can not sell their stuff effectively in France while the EU gets involved in protecting of wolves, original forests and other nonsense like annual cartests. It is becoming simply an extra layer of government more than a free common market (and it looked like there was already too much government).<br />The EU simply also needs lower government costs (not only on EU level) to pay for rising healtcare and aging costs and remain to be competitive (as at least half of it is simply not.<br />6. Getting out structure funds and agricultural policies seems a good thing. Ineffective use of money anyway and especially for the UK.<br />7. Productstandards. Need probably a complete revision. If there is an incident there is often costly new legislation. It is hardly ever checked if the costs make any sense.<br />Kick that Lux woman back in her doghouse.<br />No more new legislation(=red tape) until the economy is back in order.<br />Just to mention a few things.Riknoreply@blogger.com