EXCLUSIVE : Brexit Britain’s exports to the EU are up 62% already this year

Meanwhile the EU’s trade balance with the rest of the world “falls off a cliff”

Montage © Facts4EU.Org

Good news for the UK, whilst the deeply worrying news for the EU continues

On Friday while the UK’s news channels could only talk about Liz Truss and Kwasi Kwarteng, the EU Commission slipped out its latest dire news about the state of its international trade. The news for the UK was very good. The news for the EU itself was the polar opposite.

With our affiliated organisation CIBUK, Facts4EU.Org analyses and summarises the latest trade news from Brussels and reveals just how badly things are going over there. By the end of August the EU’s trade deficit with the rest of the world had exceeded €300bn for the first time.

Conversely the UK’s exporters have grown their EU business by 62% so far this year…. “despite Brexit”. The rest of the great news for Brexit Britain is below.

Brexit Facts4EU.Org Summary

UK’s exports to EU continue to rocket, EU’s international trade balance continues to plummet

1. UK’s exports to the EU, Jan-Aug 2022

Jan-Aug 2021 : €90.7bn
Jan-Aug 2022 : €147.1bn
Increase this year : + 62.2%

[Source: EU Commission’s official statistics agency, 14 Oct 2022.]

2. EU’s worsening trade balance with the rest of the world

Jan-Aug 2016 : € 167.9
Jan-Aug 2017 : € 134.6
Jan-Aug 2018 : € 100.2
Jan-Aug 2019 : € 110.8
Jan-Aug 2020 : € 110.1
Jan-Aug 2021 : € 91.8
Jan-Aug 2022 : - € 309.6

[Source: EU Commission’s official statistics agency, 14 Oct 2022.]

Former Minister the Rt Hon David Jones MP gave us his comments on our report

“This is an important piece of research from CIBUK and its affiliate Facts4EU.Org, and it would be good if the mainstream media caught up with it.
“Both before and after the referendum, we were told that UK trade with the EU would be irretrievably damaged by our departure. That has now been comprehensively debunked. UK exports to the EU are up strongly. At the same time, the EU’s external trade balance is collapsing alarmingly.
"The findings confirm that the UK never had any reason to doubt its own ability to thrive outside the EU, and that the British people made absolutely the right decision when they voted to leave."
- The Rt Hon David Jones MP, speaking to our Chairman, Sun 16 Oct 2022

1. UK’s exports to the EU continue to grow fast

The success story for the UK’s exporters to the EU continues. UK goods exports to the EU27 in the first eight months of this year amounted to almost €150bn. This compares with just over €90bn up until the same point a year ago. This is an increase of 62.2%.

Sales from the UK to the EU27 grew more than three and a half times as fast as the sales flowing in the other direction – in just one year.

And no, this is not purely about increased UK exports of energy products, as we have previously reported.

2. EU’s trade balance with the UK and the rest of the world continues to deteriorate fast

The EU27 recorded a trade deficit of €309.6 bn, compared with a surplus of €91.8 bn in January-August 2021. Every month for many years the EU Commission was proudly announcing its positive trade balance with the rest of the world. All that has now changed.

The EU as a whole is now importing more goods than ever before and it is this which is driving the worrying deterioration in its trade figures. This downward trend started long before Covid and long before the Russian energy crisis, as our chart above shows.

Observations

International trade as a whole continues to recover from its Coronavirus lows. Both imports to and exports from the EU have increased since last year. The problem for the EU is that imports are rising much faster than exports.

The EU’s trading relationship with Brexit Britain is a case in point. The UK’s exports to the EU have risen at a rate 3.5 times faster than the EU’s exports to the UK. This is despite the fact that we continue to hear of wholly unreasonable Customs demands being placed on UK exporters to the EU.

“Rejoice, rejoice”

Before the EU Referendum British voters were told that the UK economy would “fall off a cliff” if they voted to leave the European Union. Not only has this not happened, but readers can see from today’s exclusive report just how wrong the Remainer, Project Fear, doom ‘n’ gloom merchants really were.

We have absolutely no desire to see the EU27 in difficulties. This does not stop us from publishing important facts of interest to the UK population.

Once again Facts4EU.Org and CIBUK are pleased to be able to bring readers the positive news they will not see on their TV screens. And we are grateful to David Jones MP for providing his comments on our work.

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[ Sources: EU Commission official statistics agency ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, Sun 16 Oct 2022

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Reader Comments 19

1. Ashley Great Britain , Sunday, October 16, 2022, 07:18:

I don't understand it. Rejoiners and EU supporters keep telling us we are doing very badly and the EU is doing very well.
I must try to pay more attention .
///
This is a monumental shift in EU prosperity. A whole continent with a thousand yard stare brought about by a self serving failing institution.

2. Ashley Great Britain , Sunday, October 16, 2022, 07:51:

I'll just get a coffee while I wait for busters enlightening response.

3. Michael Burnhill , Sunday, October 16, 2022, 08:28:

I wonder if this news has got through to the remainers in parliament and House of Frauds! Mind you trade seems to mean nothing to most of them living as they do at taxpayers exspense!

4. LuxuryBalloon , Sunday, October 16, 2022, 09:12:

It seems the IMF and the money markets are concerned about other economic metrics than our improved export to the EU.

5. Jon, Wales , Sunday, October 16, 2022, 11:50:

This article is a fundamental work of excellent research.
To indirectly 'force' our national broadcaster to publicise the above facts, the Rt Hon David Jones MP and like minded MP's could use their parliamentary privilege to get this and other Facts4EU research spoken on the floor of the HC. Not only would they be viewed on the parliament channel, their words would be on the record and written up in Hansard.
This article also leaves raving rejoiners with no argument as the source is the EU Commission official statistics agency.
Keep up the great work to debunk MP's who fail to accept the 2016 will of the majority.

6. KB , Sunday, October 16, 2022, 12:22:

This is because of gas exports though is it not?
We can't rely on this going forward, for one thing Germany is building its own LNG import terminal.
I also notice that UK trade with RoW is not mentioned.

7. Jon, Wales , Sunday, October 16, 2022, 12:48:

Off topic - We often criticise French police for their inability to properly stop ILLEGAL migrants leaving French shores, despite UK money assisting them. We should stop giving France our money for that specific task and spend it on UK defences instead. We should further temporarily suspend fishing licences granted to French fishers until French police do their job efficiently.
-
That said, I look on in shame as our own UK police force effectively 'allow' the present 'rebellion' campaigners to disrupt our major streets and cause actual criminal damage to paintings etc. We look on in horror as these activists cause wastage and criminal damage within our supermarkets. SO WHY AREN'T UK POLICE TOUGH ON THESE ACTIVISTS? We should all remember that EVERY UK household pays for our police, so we expect those people to be arrested and heavily fined and/or imprisoned. To the best of my knowledge the police have powers to place injunctions on activists who cause criminal damage, or who stop ordinary citizens from going about their day to day life.
Furthermore, the activists fail to understand the damage they're doing to the economy in general.
The police will find they'll receive huge support if we see them dragging these idiots off our roads.
Perhaps members of parliament will stop treating these activists with 'kid-gloves' and do something about it?
I've also seen they have thrown paint all over an Aston Martin car showroom. This MUST end now, or I fear ordinary people will take matters into their own hands and rid the streets of these nutcases. BUT THEY MUST BE MADE TO PAY FOR IT?

8. Neil Ormesher , Sunday, October 16, 2022, 13:06:

Don't expect this news to be on MSN. Their agenda is to convince us we need to be back in.

9. KL , Sunday, October 16, 2022, 14:22:

The following report has also been recently published:
https://www.briefingsforbri...
What impact is Brexit having on the UK economy?
13/10/2022

10. Catherine , Sunday, October 16, 2022, 16:37:

Where are Buster and his (or her) chums?

19 comments, page 1 of 2

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