The EU’s biggest losers, as the ‘Treasure Island’ Brits choose to buy ‘non-EU’
Facts4EU.Org reveals £12bn hit for Germany in last 12 months, £3.3bn hit for France
Montage Facts4EU.Org 2021
Are we seeing the consequences of the EU Commission’s anti-British actions over Brexit?
Following our revelations in yesterday’s (Saturday’s) edition of Facts4EU.Org that the British people are buying £28bn less from the EU than in the Referendum year of 2016, today we reveal which countries are the biggest losers in the fight for British consumers. Our analysis comes from detailed figures released on Tuesday by the Office for National Statistics.
Not surprisingly, in monetary terms Germany comes out as the biggest loser, followed by Belgium, France, the Netherlands, and Spain.
Brexit Facts4EU.Org Summary
The 10 biggest losers of British custom – last 12 months compared to 2016
The EU27’s losers by amount of sales lost to British customers
- Germany -£12.2 bn
- Belgium -£3.7 bn
- France -£3.3 bn
- Netherlands -£2.7 bn
- Spain -£2.6 bn
- Sweden -£1.2 bn
- Czechia -£1.1 bn
- Italy -£0.7 bn
- Slovakia -£0.4 bn
- Portugal -£0.4 bn
© Brexit Facts4EU.Org - click to enlarge
This is not a ‘Covid effect’, nor is it because of new border controls
Facts4EU.Org has analysed the detailed figures published by the Office for National Statistics last week and looked at what British customers are buying from all countries around the world – not only the EU.
Naturally Covid has influenced international trade. However the drop in sales to British customers from non-EU countries over the past 12 months is only 1.2% compared to 2016. The drop in sales to British customers from EU27 countries is 11.3%. This is almost 10 times worse.
When it comes to the very latest data for Q1 2021, compared to the same quarter in 2016, British customers have bought 16.3% more from the rest of the world, as our chart showed yesterday.
The EU’s biggest losers by drop in percentage of sales
As the EU’s largest economy, it is not surprising that Germany has lost most in terms of financial totals. If an EU country sells more, it loses more if there is a trend away from buying from EU countries.
The actual totals in pounds can therefore disguise the impact on individual countries. Below we show the percentage drop in sales to British customers from the top 10 worst affected EU countries.
Brexit Facts4EU.Org Summary
Top 10 EU losers by percentage drop in sales
Last 12 months compared to 2016
© Brexit Facts4EU.Org - click to enlarge
- Malta -60.9%
- Czechia -20.2%
- Sweden -18.9%
- Germany -18.7%
- Slovakia -16.4%
- Romania -16.1%
- Spain -15.1%
- Portugal -14.9%
- Belgium -14.5%
- France -12.7%
Our report above was given excellent coverage in an article in the Daily Express.
© Express Newspapers / Reach PLC - click to read
In our report yesterday, Facts4EU.Org predicted that Remainers would confuse imports with exports in their attempts to explain away the drop in the EU’s sales to the UK. Remainers did not disappoint. Time and again yesterday we saw comments saying “What do you expect? We are now a third country so the EU must impose border and customs controls. This is all the fault of Brexit.”
As we tried to explain to them in advance in our report yesterday, (which few seem to have actually read before commenting), we are reporting on sales INTO the United Kingdom. These sales are relatively unaffected by Brexit.
The EU’s borders have nothing to do with sales into the UK
The problems at the borders have all been about UK exports, not EU imports. These have been caused by the over-zealous actions of the EU and its customs authorities in allowing UK goods going to the EU. Goods flowing the other way – from the EU into the UK – have continued to flow thanks to the UK deciding to operate a ‘light touch’ customs operation with the EU.
To the best of our knowledge, no EU trucks have been impounded in the UK due to a French lorry driver having a half-eaten ‘baguette jambon’ in his cab. This is not the case with the EU, sadly. Last week the Chairman of Marks & Spencer described how an M&S lorry had been impounded in the Republic of Ireland because their driver had a ham sandwich in his cab. The driver was then forced to complete hundreds of pages of EU forms by Irish customs officials before being allowed in.
British people have nothing against EU27 people – it’s the EU autocracy that’s the problem
As we wrote yesterday, any move by British people and businesses to buy less from EU27 companies has nothing to do with the British public’s views about the citizens of EU27 countries. If there is a trend away from buying from EU27 companies, we suggest that attention be focused on Brussels and the fanatical ideologues who reside and work there.
The actions of the EU autocrats over the past five years appears to be having an impact – even on those who voted Remain in 2016.
Global Britain – the World’s fifth largest customer
Before the EU Referendum and in the five years since, the British public has been fed the narrative that “we can’t survive on our own, we’re too small to compete.”
What utter tosh. Today the United Kingdom is the fifth largest economy in the World according to the IMF. Who wouldn’t be queuing up to sell to us? We represent a massive market for global producers. We are home to the world’s international business language. We have the most powerful financial hub in Europe. English Common Law is widely respected around the world for the protections it gives and the efficiency it provides in doing business.
And - is if all that weren’t enough - we have the most fecund Prime Minister in the world, sporting the world’s worst haircut. What’s not to like?
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[ Sources: Office for National Statistics trade figures, 27 Jul 2021 ] Politicians and journalists can contact us for details, as ever.
Brexit Facts4EU.Org, Sun 01 Aug 2021
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