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UK Trade Figures, 6-month summary: Sep 18 – Feb 19

by Politicker 0 Comments

Accumulated figures for the UK’s Trade in Goods covering the 6 month period from September 2018 through February 2019, obtained from HM Revenue & Customs Overseas Trade in Goods Statistics.

Data shows that the strongest trading partners are Germany, China, USA, Netherlands and France (in that order) and this has remained consistent over the 6 month period.

The largest trade deficit is with Germany. The UK has imported goods from Germany worth a total of £34bn and exported goods (to Germany) worth £18.4bn. If there were trade tariffs of say an average of 10% applied to trade in goods on both exports and imports, this could cost German companies an extra £3.4bn and UK companies an extra £1.84bn in a 6 month period.

References:

Documents related to Brexit from the EU Parliament

I came across a number of interesting documents related to Brexit that have been produced following various Events, Workshops and Committee meetings held by the European Parliament. They provide interesting reading and background to positions held by the EU regarding the Brexit negotiations and the future relationship between the UK and the EU after Brexit.

Workshops are organised by the policy departments and enable members to put questions to and exchange views with experts on subjects associated with parliamentary business or subjects of current interest. They are not necessarily held in public but may be held during a committee meeting.

Hearings
A committee is permitted to organise a hearing with experts, where this is considered essential to its work on a particular subject. Hearings can also be held jointly by two or more committees. Most committees organise regular hearings, as they allow them to hear from experts and hold discussions on the key issues.

Implications of ‘Brexit’ for the EU agri-food sector and the CAP

This workshop was held on 9 November 2017 and discussed the issue of the impact of Brexit on the EU’s agri-food sector and on the CAP.

http://www.europarl.europa.eu/committees/en/events-workshops.html?id=20171114WKS01121

It looked at 3 specific aspects of Brexit:

  1. Impact on the CAP budget
  2. Impact on EU-UK agricultural trade flows and
  3. Possible transitional arrangements in agriculture in light of the future EU-UK relationship.

A number of documents were produced:

Possible impact of Brexit on the EU budget and, in particular, CAP funding – Jacques Delors Institute

http://www.europarl.europa.eu/cmsdata/132065/PPT_CAP_Financing_EN.pdf (pdf)

EU – UK agricultural trade: State of play and possible impacts of Brexit – CIREM-CEPII

http://www.europarl.europa.eu/cmsdata/132066/PPT_EU-UK%20Trade_EN.pdf (pdf)

Possible transitional arrangements related to agriculture in the light of the future EU – UK relationship: institutional issues – Trinity College Dublin

http://www.europarl.europa.eu/cmsdata/132067/PPT%20Template%20-%20A%20MATTHEWSrev.pdf (pdf)

The implications of Brexit on the Irish border

During the 28 November meeting of the Committee on Constitutional Affairs, a workshop was held on ‘The implications of Brexit on the Irish border’. This workshop was organised by the Policy Department for Citizens’ Rights and Constitutional Affairs.

http://www.europarl.europa.eu/committees/en/events-workshops.html?id=20171123WKS01141

Brexit and Ireland – Legal, Political and Economic Considerations (pdf)

Smart Border 2.0 – Avoiding a hard border on the island of Ireland for Customs control and the free movement of persons (pdf)

PowerPoint Presentation on Smart Border 2.0 (ppt)

UK Withdrawal (‘Brexit’) and the Good Friday Agreement (pdf)

PowerPoint Presentation on ‘UK Withdrawal (‘Brexit’) and the Good Friday Agreement’ (ppt)

Hearing on the Impact of Brexit on Aviation – 11 July 2017

High level representatives in the field of aviation were invited to speak in the next TRAN Committee meeting on the topic of Brexit. Stakeholders discussed ways in which the UK’s departure from the EU is likely to impact the aviation industry from the perspective of the airports, the airlines and the tourism industry as a whole. The presentations were followed by a question and answer session with Members

http://www.europarl.europa.eu/committees/en/events-hearings.html?id=20170705CHE02242

Hearing on the impact of Brexit on aviation (docx)

Kevin Toland, Dublin Airport (pdf)

Michael O’Leary, Ryanair (pptx)

Ralf Pastleitner, TUI Group (pdf)

Exchange of Views with Associations of Citizens on Brexit

held on 21 Nov 2017

http://www.europarl.europa.eu/committees/en/events-other.html?id=20171123EOT01882

Statement from British in Europe (pdf)

Statement from the 3 million (pdf)

Brexit and the issue of the jurisdiction

During the AFCO meeting of 21 November, the Committee heard from two experts during the workshop ‘Brexit and the issue of the jurisdiction over the Withdrawal Agreement and the future relationship agreement between the EU and the UK’ organised by the Policy Department for Citizens’ Rights and Constitutional Affairs.

http://www.europarl.europa.eu/committees/en/events-other.html?id=20171123EOT01881

The Settlement of Disputes arising from the UK’s withdrawal from the EU (pdf)

Professor Steve Peers presented a briefing on “Jurisdiction upon and after the UK’s withdrawal: the perspective from the UK constitutional order” (I couldn’t find a copy of this – politicker)

EU Trade with non-EU countries (2015)

by Politicker 0 Comments

The EU trades with most countries in the world and this is worth a total of 3,513,929 Million Euro (3.5 Trillion), based on figures for 2015.

The following breakdown shows the value of the trade between the EU non-EU countries. It does not include the figures for internal trade between the 28 EU countries.

The top 10 trading partners accounted for 62.96% of the total EU trade.

2 of the top 10 countries that the EU trades with are Norway and Switzerland with a total value of € 376 Billion or 10.7% of the total trade

Total EU Trade Table

Figure 1 – Total EU Trade with non-EU countries (table)

Total EU Trade Chart

Figure 2 – Total Trade with non-EU countries (chart)

Exploring these figures further shows that Imports to the EU from non-EU countries totalled 1,724,867 Million Euro (1.7 Trillion Euro). The top 10 trading partners accounted for 66.23% of the total and goods totalling € 176 Billion Euro, or 10.24% of the total goods imported came from Norway and Switzerland.

EU Imports Table

Figure 3 – Total Imports to the EU from non-EU countries (table)

EU Imports Chart

Figure 4 – Total Imports to the EU from non-EU countries (chart)

Exports from the EU to non-EU countries totalled €1,789,063 Million Euro (€1.8 Trillion Euro). The top 10 trading partners accounted for 66.23% of the total and goods totalling almost €200 Billion Euro, or 11.16% of the total were exported to Norway and Switzerland

EU Exports Table

Figure 5 – Total Exports from the EU to non-EU countries (table)

EU Exports Chart

Figure 6 – Total Exports from the EU to non-EU countries (chart)

Sources:

http://trade.ec.europa.eu/doclib/html/122530.htm

http://europa.eu/pol/pdf/flipbook/en/trade_en.pdf

http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_122530.pdf

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