How will Brexit affect International Trade between EU and UK..
Germany and France appears to be the most affected EU countries by possible Brexit repercussions, as they both have a large Export Trade with the UK, but only a small amount of Imports.
UK International Trade 2015
53.6% of UK exports by value are delivered to European trade partners
16.1% to North America
22.5% are sold to Asian importers
2.6% to Africa.
http://www.worldstopexports.com/united-kingdoms-top-import-partners/
Top 15 UK Trade Partners in 2015
14.50% United States
10.10% Germany (EU)
7.00% Switzerland
5.90% China
5.90% France (EU)
5.80% Netherlands (EU)
5.50% Ireland (EU)
3.90% Belgium (EU)
2.80% Spain (EU)
2.80% Italy (EU)
2.20% United Arab Emirates
2.10% Hong Kong
1.50% South Korea
1.50% Saudi Arabia
1.40% Sweden (EU)
UK International Trade 2014
£61bn trade deficit with EU countries
£28bn trade surplus with non-EU countries
£227bn UK exports to EU
£288bn UK imports from EU
45% of all UK exports go to the EU
http://www.bbc.com/news/uk-politics-eu-referendum-35757324
Germany Exports in 2014
In 2014, Germany exported $1.41T, and the the top export destinations were:
8.58% United States ($121B)
8.44% France ($119B)
7.09% United Kingdom ($100B)
6.86% China ($96.7B)
6.03% Netherlands ($85B)
In 2014 Germany Imported $1.13T, and the top imports were from:
10% Netherlands ($113B)
8.94% China ($101B)
7.56% France ($85.4B)
5.45% United States ($61.6B)
5.42% Italy ($61.3B)
http://atlas.media.mit.edu/en/profile/country/deu/
French Exports in 2014
In 2014, France exported $571B, and the the top export destinations were:
14.96% Germany ($85.4B)
8.3% Belgium-Luxembourg ($47.4B)
7.27% United Kingdom ($41.5B)
7.06% United States ($40.3B)
6.92% Italy ($39.5B)
In 2014 France Imported $654B, and the top imports were from:
18.2% Germany ($119B)
8.56% Belgium-Luxembourg ($56B)
8.13% China ($53.2B)
7.61% Italy ($49.8B)
6.38% Spain ($41.7B)
News Articles
Ilse Aigner, the Bavarian economy minister, said that Brexit poses a “high risk” to the economy and argued that the UK is one of the “most important trading partners for Bavaria”, one of Germany’s most prosperous states.
www.telegraph.co.uk/…/germany-needs-post-brexit-trade-deal-britain-minimise-economy
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