EU SHOCK NEWS – SINGLE MARKET DOESN’T WORK FOR THE UK

UK’s share of trade sales within Single Market is only 5.5% - 1/3rd of what it should be

Latest figures released by the EU MUST be read by Remain MPs and by the BBC

© Brexit Facts4EU.Org 2019 - clickable version is below

Brexit Facts4EU.org Summary

UK’s share of sales within the Single Market

For the UK, the Single Market has been a disaster

  • The UK sells only 1/3rd of what it should sell to the Single Market – only 5.5% of total
  • The rest of the EU does very well out of it
  • Germany’s share of the Single Market is 4 times that of the UK
  • The UK’s share is barely above that of Poland, which is 1/5th the size of the UK economy

© Brexit Facts4EU.Org 2019 (click to enlarge)

This is according to the EU’s own statistics agency Eurostat and these are the latest figures, relating to last year (2018). The chart comes from analysis carried out by the Brexit Facts4EU.Org team. Being drawn from the EU’s own figures, it is incontrovertible.

Germany’s share of the Single Market is FOUR TIMES larger than that of the UK

What you are looking at above is the share of each member state’s trade sales to its fellow members – what is known as ‘Intra-EU trade’.

This the value of trade exports within the Single Market. In other words, you’re seeing what each country sells to the rest, as a proportion of the total.

What should it look like, based on the size of each economy?

If we re-do the chart, based on what would be expected from the relative size of each economy, the position would look very different.

© Brexit Facts4EU.Org 2019 (click to enlarge)

The official EU figures from Eurostat for 2018 show that the UK was the second-largest economy - again.

The UK should have 15.1% of sales within the Single Market, based on Eurostat's figures. Unfortunately the reality is different as you can see in our first chart. The UK’s share of the Single Market is only 5.5%, not the 15.1% you would expect.

The UK’s Single Market share is less than that of Spain, which has an economy almost exactly half the size of the UK’s economy. It is barely any higher than Poland’s, which has an economy only one-fifth the size of the UK.

Observations

We are always looking for ways to show MPs, the BBC, and the British people the reality of the UK’s membership of the EU, at a glance. If you watch the BBC, ITN or Sky News you would be forgiven for thinking the UK is a minor player – an unimportant part of the EU, just one of 28 countries.

This is such a long way from reality.

What you see in the two charts above has been true for years. The exact figures vary from year to year but the overall picture has shown that the UK has an absurdly small share of the precious Single Market which Remain MPs can’t stop talking about.

In fact the UK’s share of sales within the Single Market has actually fallen in the last 10 years, from 6.5% to 5.5%.

We deal in the reality of the EU. We take the trouble to research it and bring you the results of this research distilled into what we hope are bite-sized chunks.

It sometimes seems to us that the ‘luvvie’ Remoaners – even the supposedly-educated ones holding Oxbridge professorships – wouldn’t know a fact about the EU if it came up and unexpectedly bit them in the a posteriori.

This takes work, but it's important

It takes longer to find and produce simple ways of showing what’s going on - such as this article and its charts - than it does to write an academic essay. Sounds silly we know, but it’s true.

Frankly we don’t care about writing stuff for a few hundred people and developing our ‘reputations’ or ‘media profiles’. We write for everyone, we tell the facts, and we try to do so simply. People who voted Remain were lied to on an epic scale. Those lies make the Vote Leave’s bus poster look completely inconsequential. We will continue to throw a bright Brexit light on the lies and point up the bright and positive future which lies ahead, with your support.

If you’re not already helping to keep this hard-working team together and fighting, please consider making a quick and secure donation using one of the methods below. We're fighting on the political level with MPs, as well as producing great summary information such as that above. Thank you.

[ Sources: EU Commission | Eurostat ]

Brexit Facts4EU.Org, Sat 06 Apr 2019

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