Who’s exposed, and how much, to a Brexit – trade version

Remember – the argument is thus “Johnny foreigner, weak willed chap as he is, is so dependent on exporting his goods to the UK that we can thumb our noses at him, insult him, walk from his club, and he will still be nice to us. No gumption these foreigners.”

Hmmm…..

exposure

The lines show the 2014 $ exports to the Uk from the three main counties. The bars show the % of exports in that sector which go to the Uk. All data from the World Bank

With few exceptions Рthe areas where the continental countries are most, proportionally, exposed to the UK are small in monetary terms. The massive exposure of France in stone and glass is, in financial terms, a nothing. Cars and consumer goods are large in both money and % terms. But the others? not so much. TL:DR РSorry England, Johnny Foreigner can get on without  you Рyou really are not that important.

Advertisements

One thought on “Who’s exposed, and how much, to a Brexit – trade version

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s