Want to join a trading bloc which is shrinking fast in the world?

Since the EU almost doubled in size, its share of world exports has shrunk by 17.1%

After Brexit it will shrink further, accounting for only 13.8% of world exports

In 2003, just over 15 years ago, the EU had 15 members. Today it has 28 members – almost double. Yet its share of the world export market has shrunk from 18.7% in 2003 to just 15.5% last year. And its exports are still falling.

Brexit Facts4EU.Org Summary

When the UK leaves, the EU will suddenly shrink further, to just 13.8% of world exports

If we weren’t already in it, is this really a club Remainers would want to join?

The EU’s share of the world export market

A Brexit Facts4EU.Org analysis of the latest figures available from the EU’s official statistics agency Eurostat shows how rapidly the EU’s share of the world export market in goods has plunged in the last 15 years.

There have been studies of the EU’s share of the world economy, but here we bring you yet another original and exclusive Brexit Facts4EU.Org chart, showing how the EU’s goods exports are dropping as a percentage of world exports.

It is worth noting that in this timeframe, the EU grew from 15 member states to 25, then to 27, and finally to 28 when Croatia joined in 2013.

Despite this, the EU’s percentage share of world goods exports fell by 17.1%. In 2003, just before 10 countries joined, the EU was responsible for 18.7% of world exports. By last year (2018) its share was just 15.5%. That's a 17.1% drop.

The data we have used comes directly from the EU’s Eurostat statistics agency and is based on the latest figures they have available. In other words it’s incontestable by Remainers, as readers have come to expect from us.

And what happens after Brexit?

The UK’s economy is principally involved in services, not goods. Notwithstanding this, when the UK leaves it will result in a huge drop in the value of the total EU exports of goods outside the EU.

Brexit Facts4EU.Org looked at what would happen to the EU’s share of global goods exports when the UK’s figures are excluded.

As you can see, without the UK the EU’s share of total world goods exports in 2018 – the last year for which the EU publishes these figures – plunges further, from 15.5% to just 13.8%.

Observations

We would suggest that Remainer MPs continue to live in a world of wishes and dreams. On this site we aim to provide simple facts.

It is an uncomfortable truth for Remainer politicans that the facts regarding the UK’s membership of the EU sit very uneasily with their bland and unsupported claims, which are so often uncontested by Remainer TV presenters.

In this article we have once again used official EU data. In doing so we are providing facts which come from the body which all Remainers seem to prefer over the facts from their own country’s government.

As such, these facts are indisputable by Remainer MPs. Politics is one thing. Facts are more powerful.

[ Sources: Official EU Eurostat data, accessed 21/08/2019 ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, 21 Aug 2019

Click here to go to our news headlines

And please scroll down to COMMENT on the above article.

Something to say about this? Scroll down for reader comments

Since before the EU Referendum, Brexit Facts4EU.Org
has been the most prolific researcher and publisher of Brexit facts in the world.

Supported by MPs, MEPs, & other groups, our work has impact.

We think facts matter. Please donate today, so that we can continue to ensure a clean Brexit is finally delivered.

Any credit card user

Quick One-off

From £5 - £1,000

Monthly

From £3 per month

Paypal Users Only - Choose amount first

Quick One-off

Monthly

PLEASE NOTE IF YOU WOULD LIKE TO COMMENT : You can write your comment under any existing comments below. After you have clicked to preview your comment, you MUST then click on the CAPTCHA system and send you comment, for it to be published. Thank you!

Reader Comments 8

1. Sydney Ashurst , Wednesday, August 21, 2019, 06:13:

These are not the sort of facts reported by the BBC's Faisal Islam, the Brexit Basher from Shy News.
He's spreading alarm and despondency at Parliaments choice of a non agreement exit.

2. Patrick F , Wednesday, August 21, 2019, 06:19:

Off topic
Dear Facts4eu and readers
Can you provide the answers please, to the following questions.
In the event of the EU agreeing to change, or changes in the WA, will parliament vote to accept, or reject.
What is the latest date for that to happen.
My assumption, there is a deal, but as its only a change to the backstop, Parliament reject for the fourth time and therefore we have No Deal and are, finally out, waking up to a bright, sunny ist day of November.
Forgive the missing question marks. Something odd with my keyboard.

3. Concerned , Wednesday, August 21, 2019, 06:41:

I hope it carries on as is, and on the 1st November we can all celebrate escape from the madhouse. The Eu will be happy they can get on building their socialist nightmare. I only hope the other European countries get out before the arrogance of the EU fufills what Hitler wanted.

4. Carol W , Wednesday, August 21, 2019, 10:57:

Hi, Patrick F;
I think that the answer to you questions is; Who knows?
Even if the backstop were dropped, we have no idea what kind of deal could be reached between Johnson and the EU, there are too many possibilities.
This makes it impossible to gauge the reaction of the House of Commons; I suspect that any deal would be rejected by Corbyn and Swinson because one sees Brexit as a lever to power and the other refuses to accept anything except remain.
There will be equally entrenched views in the ERG and other leavers, who want a clean break and FTA.
This leaves us in a very interesting position;
Deal; unlikely to get through before a clean break at 31/10/19.
Delay to get a deal; why bother? after three years and Macron would fight to block one.
Referendum; why bother ?, children like Swinson have already said that they would continue to fight if it didn't go their way and Blair (as if anyone cared) would force us into referendum after referendum .They've proved that a rerun would be a mockery.
Revoke Article 50; too many recordings of arch-remainers promising to uphold the referendum for them to have the guts to do that.
VONC and election; no-one trusts Corbyn and he won't give up his chance to be caretaker PM plus polls (?) indicate that a hung parliament would end up as tory/Brexit party or "Labour/SNP".
Most likely scenario; out on 31/10/19; an article in the "Express" indicated that this was what most people think is going to happen, but particularly labour/ remain voters.I won't be putting any money on it!

5. Sydney Ashurst , Wednesday, August 21, 2019, 12:10:

Carol W.
I like your summation. Parliament are in a real pickle, they are not united on anything, they chose to leave without an agreement (deal) by voting down the WA three times and failing to ratify it in the second extension time.
For what purpose could there be a third extension? To hold an election has been mooted, but that would be interfering in the UK's internal politics.
There is no time for revoking Article 50 are for holding a second referendum on any pretence. Boris Johnson has to tough it out until 1st November.

6. Patrick F , Wednesday, August 21, 2019, 14:32:

Carol (comment 4) and Sydney (comment 5) thank you both very much. A combined analysis that you will not find in the MSM!

7. Adam David Hiley , Thursday, August 22, 2019, 12:00:

Once out of the EU the next step is to call an election so We can rid ourselves of the Remoaner toadies shut down the BBC end it's licence fee, reform Parliament abolish the Lords, end the outrageous outdated 19th century Honours system, replace the Voting system and get rid of the Monarchy with a Federal Republic with written Constitution as the Younger Royals will continue to how out of touch they are eg Megan & Harry

8. James Bertram , Thursday, August 22, 2019, 20:01:

Carol - if the EU drop the Backstop - which I think they will do - then a proper clean Brexit is very unlikely to happen.
Boris (or is it 'Doris' - Doris May) will then put May's surrender treaty (minus the backstop) to a vote in Parliament:
Now most of the DUP will vote for it (apart from one or two).
Of the Conservatives, only the 29 ERG spartans will vote against it (though Priti Patel and Theresa Villiers, being ministers, may abstain).
Labour will vote against, however there are about 40? Labour MPs in 'Leave' seats, who will vote for the deal on the pretence that it is a proper Brexit, not the BRINO we all know it to be - because these MPs just want to get this embarrassing issue for them out of the way.
Neither will all Libs/Greens/SNP vote against - as too, they just want to get the issue out of the way.
So May's surrender treaty will be passed into law - and we shall become a colony of the EU.
Boris will claim he has delivered Brexit.
He will delay holding a General Election as long as he can, in the hope that the public will forget this deception and final betrayal.
When the election eventually comes, true 'Leavers' will vote for the Brexit Party. Will there be enough of us? I doubt it.
Over time, colony status will be mutated into us joining EFTA, then re-joining the EU in a very weakened state, and eventually being absorbed into a Federal Union.
Boris and the Tories intend to sell us down the river - more WB Joyce than Churchillian.

Add comment:

Please note: Your email address is never published unless you choose to enter it.