I’m not sorry to tell you that you are wrong. Both exports and imports have risen significantly in the last 2 years for the euro-zone. If the UK is exporting less to the EU then I wonder why?
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Look at the trade balance.
My point wasn’t about EU trade in general it was about the UK trading less with it. The EU is a declining market and its world GDP is shrinking year on year.
And we left.
Hi
The UK is not doing well either
If the UKs trade with the EU has decreaced, it does not automatically mean that the minus has been compensated by trade with far-away-nations.
A friend of mine has to do with container shipping costs and he said, that the costs have increased tenfold since covid and the accident in the Suez canal.
So I guess that, (even) if the UK increases trade in the same range in which trade with the EU decreased, it still does not work out well as the transport costs (e. g. to the CCTPP members) are now huge.
It will be interesting to see the benefits to the UK of membership of the CCTPP.
When you consider the original membership was grouped around the Pacific and after the USA withdrew was grouped entirely in the western Pacific then Britain’s membership seems something of an anomaly.
Not that Britain’s membership is unwelcome (trading blocs are a two way street) just odd.
Yeah just like the EUs transport costs with China … one of its biggest markets and the USA, the biggest UK market etc
I must admit that I fail to see what the EUs transport costs to/from China has got to do with my post.
You probably suggest by your post that the increase of transportation costs will be no problem for the UK. Hopefully it will be so.
Yes, it will be interesting to see the benefits. The estimations were not that high if I remember correctly.
It will be also interesting to see how everybody reacts when found out, that in the CCTPP there are rules to be followed and that governments can be sued by companies.
Transportation costs have very little to do with trade. Thats what I was pointing out.
The EU trades predominantly with the USA and China, and the UK with USA. If distance was such an issue they would not be the number 1 and 2 trading partners.
Concerning transport costs my friend (who is in the business) says otherwise. Hm…
About “predominant” trade between EU and USA + China I found numbers (on bpb.de) that do not confirm your statement I am afraid. They say that exports inside the EU for example varied between 38% (Cyprus) and 75% (Netherlands) between the member states. Over all more than 50% exports were inside the EU if their numbers are valid.
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You don’t import or export from outside the EU then ? You only buy local ?
The EU is protectionist thats the whole point of it, to control Europe through an unelected bureaucracy, dominated by Germany. The rest of the world trades far better, far more efficient and with less trade barriers.
The single market is one of the main reasons we left, the geography is irrelevant, it’s the politics that is why the EU trades with itself. Outside of itself though, your biggest trading partners are the USA and China, neither of them on your doorstep.
Hm, I suggest you should kindly tell my friends company (suffering by tenfold risen container costs) that geography is irrelevant. Apparently you know much better than he and his company do.
In my recent posts I tried to deliver evidence against your claim that the EU “predominantly” trades with the US and China. Assuming that the data is correct (which I assume), the EU trade more than 50% inside the EU. From looking up what “predominantly” means I guess that I am right.
However, I know that you have never agreed to anything I wrote and I do not expect it. From my side this topic may be closed.
A light in the Brexit darkness…
31st May 2023 is the date the UK/Australia FTA comes into force. Citizens can get a 3 year working visa and the tariffs on Australian beef, lamb and pork are to be removed over the next two years.
No more mad cow disease for you 
Sorry, if we could go back to earlier posts about EU economic success. I’m now not clear, I shared data that shows the EU is continuing to do well. But there was disagreement on this: "The EU is a declining market for the UK and the rest of the world.”
But then a bit later this changed to: "My point wasn’t about EU trade in general it was about the UK trading less with it.”
I think we can all see the huge inconsistency here. But there was no clarification of the earlier error. Are we now all agreeing that the EU trade continues to grow and the EU continues to be successful - and its just that the UK trade with the EU has fallen?
No, not all will agree to that I guess… 
I only buy from China, so there!
Happiness is an empty Warehouse. 
The US has plenty of pretty formidable trade barriers. Most trading nations are either part of a trading block such as the single market or are being exploited by China or the US. There’s no such thing as a free market in the world because all countries are not equal. Most recently Chile is nationalising its lithium industry. That is the opposite of a free market.
Bruce does this mean that we will have antipodeans coming here again in droves? That will be great!
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