Farage

Avenged7Fold · 6 Jul 2016 at 14:26

I know, its just getting embarrassing now xD

a1ex2001 · 6 Jul 2016 at 14:32

darreny said:
The uk's eu exports are between 38 - 48%
The exports from the eu to the uk is around 13% of there total output

Which part are you struggling with

but but Boris and Nige said we import more than we export so they will give us everything we want because without the UK tariff free trade every manufacturer in Germany will go bust no more BMW no more Bosch they just couldn't cope with a tariff on exports to the UK as there products are so undesirable etc etc etc

wildman · 6 Jul 2016 at 14:39

a1ex2001 said:
but but Boris and Nige said we import more than we export so they will give us everything we want because without the UK tariff free trade every manufacturer in Germany will go bust no more BMW no more Bosch they just couldn't cope with a tariff on exports to the UK as there products are so undesirable etc etc etc

techniaclly that is right though, becasue 13% of total EU output is greater than 38-48% of total UK output. So in real terms the UK takes more from the EU in imports than it exports

e.g. using arbitrary numbers

EU total out put is 1000
UK total output is 100

48% of 100 = 48

13% of 1000 = 130

EU output is massive so if UK is responsible for taking 13% of all EU output in imports that's a massive number.

darreny · 6 Jul 2016 at 14:39

a1ex2001 said:
but but Boris and Nige said we import more than we export so they will give us everything we want because without the UK tariff free trade every manufacturer in Germany will go bust no more BMW no more Bosch they just couldn't cope with a tariff on exports to the UK as there products are so undesirable etc etc etc

That's ok because we 'took back control'
(of a corner shop next to a supermarket) haha

deuse · 6 Jul 2016 at 14:43

Six6siX said:
Quite. These figures are in relation to the UK remember, not the EU. I think you're missing the point that our exports to the EU are only a portion of EU trade.

And since we import more from the EU than the EU imports from us, we are more dependent on it than the other way around.

Think of it this way: of the UKs total exports, 38-48% are to the EU (from your source).

This is equivalent to around 6% of the the total inter-EU exports.

http://ec.europa.eu/eurostat/statistics-explained/index.php/Intra-EU_trade_in_goods_-_recent_trends

In other words, we need the EU a lot more than they need us. Trade with them may be decreasing but it is still a large portion of our trade and is in no way comparable to the rest of the EU's trade.

As I read it the EU sell more to us then we sell to them and it's going down.
Which means the EU need to sell their good to us where as we don't.

http://www.tradingeconomics.com/united-kingdom/exports

"The BMW brand accounted for 167,391 sales, an increase of 12 per cent compared to 2014 and over 18,000 vehicles more than its previous UK sales record in 2014."

Lots of Germans jobs to lose there alone. Anyway it won't belong till we are out.

We can now export anywhere in the world and we don't have to ask the EU. ever again.

deuse · 6 Jul 2016 at 14:44

wildman said:
techniaclly that is right though, becasue 13% of total EU output is greater than 38-48% of total UK output. So in real terms the UK takes more from the EU in imports than it exports

e.g. using arbitrary numbers

EU total out put is 1000
UK total output is 100

48% of 100 = 48

13% of 1000 = 130

EU output is massive so if UK is responsible for taking 13% of all EU output in imports that's a massive number.

Hear Hear

Burnsy2023 · 6 Jul 2016 at 14:45

deuse said:
We can now export anywhere in the world and we don't have to ask the EU. ever again.

Export what to where specifically?

wildman · 6 Jul 2016 at 14:47

Burnsy2023 said:
Export what to where specifically?

isle of St Kitts, they have a goat testicle shortage and the Voodoo priests are starting to become unsettled...........

darreny · 6 Jul 2016 at 14:51

deuse said:
As I read it the EU sell more to us then we sell to them and it's going down.
Which means the EU need to sell their good to us where as we don't.

http://www.tradingeconomics.com/united-kingdom/exports

"The BMW brand accounted for 167,391 sales, an increase of 12 per cent compared to 2014 and over 18,000 vehicles more than its previous UK sales record in 2014."

Lots of Germans jobs to lose there alone. Anyway it won't belong till we are out.

We can now export anywhere in the world and we don't have to ask the EU. ever again.

Problem with that is the brand is that strong it could probably take a tariff charge or the company could take a small hit to minimise the tariff charge because their customers buy on quality and not price.

What is the uk's big brand?

darreny · 6 Jul 2016 at 14:52

Burnsy2023 said:
Export what to where specifically?

The world needs sprouts lol

platypus · 6 Jul 2016 at 15:07

wildman said:
techniaclly that is right though, becasue 13% of total EU output is greater than 38-48% of total UK output. So in real terms the UK takes more from the EU in imports than it exports

e.g. using arbitrary numbers

EU total out put is 1000
UK total output is 100

48% of 100 = 48

13% of 1000 = 130

EU output is massive so if UK is responsible for taking 13% of all EU output in imports that's a massive number.

Yes in real terms it's correct. We're talking about what effect it will have on the respective economies though. The UK can far less afford to lose 48% of its export market than the EU can 13% of its.

I would have thought that is common sense, but it's obviously far to difficult for some to understand.

Six6siX · 6 Jul 2016 at 15:12

platypus said:
Yes in real terms it's correct. We're talking about what effect it will have on the respective economies though. The UK can far less afford to lose 48% of its export market than the EU can 13% of its.

I would have thought that is common sense, but it's obviously far to difficult for some to understand.

Exactly. In real terms it doesn't matter how big the number is, it is irrelevant because the figure must be considered in relation to the respective economy.

deuse · 6 Jul 2016 at 15:15

Burnsy2023 said:
Export what to where specifically?

Anywhere outside the EU. It's a big place out there.

wildman · 6 Jul 2016 at 15:16

platypus said:
Yes in real terms it's correct. We're talking about what effect it will have on the respective economies though. The UK can far less afford to lose 48% of its export market than the EU can 13% of its.

I would have thought that is common sense, but it's obviously far to difficult for some to understand.

yes completely agree with your synopsis, I was just trying to clarify that 13% of a big number is more than 48% of a small one as I a not entirely sure that some people were looking at it in that context rather than just the raw % figure. Impact wise though you are correct.

dalehitchy1 · 6 Jul 2016 at 15:18

platypus said:
Yes in real terms it's correct. We're talking about what effect it will have on the respective economies though. The UK can far less afford to lose 48% of its export market than the EU can 13% of its.

I would have thought that is common sense, but it's obviously far to difficult for some to understand.

Agreed. Id imagine a 13% hit spread across 27 counties wouldn't be as noticeable as the same percentage in one country I.e uk

Gilly · 6 Jul 2016 at 15:22

deuse said:
Anywhere outside the EU. It's a big place out there.

Is there any demand for our produce? What sort of price point are we looking at? Who have we been sending goods to outside the EU through the EU trade bloc?

If there wasn't already demand outside the EU for our goods, even if trading via the EU, what sign is there that there'll be demand for it now? How are we going to compete with countries that already have deals in place with each other?

darreny · 6 Jul 2016 at 15:23

deuse said:
Anywhere outside the EU. It's a big place out there.

You're right, it is a big world out there and shipping things to countries a large distance away costs a lot, especially when not mass produced.

nine_tails · 6 Jul 2016 at 15:24

deuse said:
Anywhere outside the EU. It's a big place out there.

Curious as to how long do trade deals take to sign up. I know it is a big world out there etc etc..

Burnsy2023 · 6 Jul 2016 at 15:25

Gilly said:
Is there any demand for our produce? What sort of price point are we looking at? Who have we been sending goods to outside the EU through the EU trade bloc?

If there wasn't already demand outside the EU for our goods, even if trading via the EU, what sign is there that there'll be demand for it now? How are we going to compete with countries that already have deals in place with each other?

Indeed. Brexit supports are saying that we've got all these countries to trade with, without actually knowing if we have anything they want.

Even if they do want some of our products and services, are there regulatory issues that would prevent this anyway?

And, even if there are countries that do want our products and services, and don't have regulatory barriers, did the EU stop that anyway?

Zethor · 6 Jul 2016 at 15:26

China. India. Aus. I know we can do deals now too but after ART 50 we will do AMAZING deals. And we will make the EU pay for them.