The United Kingdom Now Does More trade outside the EU, proving that the UK is on its way to become a global player. A press release from the official government website below states loud and clearly:
“In figures released in the second calendar year after the EU referendum, exports to non-EU countries amounted to around £342 billion in 2017, showing the worldwide demand for British goods and services remains. Exports to EU countries were around £274 billion in 2017.
The fastest growing export market for the UK since 2010 was Oman, with exports increasing by 354% to £3 billion. This was followed by Macedonia (FYROM) with UK trade growing by 318% to £1 billion and then Kazakhstan which was up by 210% to £2 billion.
International Trade Secretary, Dr Liam Fox MP said:
British goods remain in global demand as exports to non-EU countries continue to grow in markets such as Oman. It shows the confidence the world has in our goods and is important as 90% of global trade will come from outside EU.
As an international economic department, we have a dynamic and experienced team who will negotiate free trade deals and make a success of Brexit. We’re also supporting UK businesses in exporting more and talking to international businesses on why we should be the top destination for investment through our GREAT campaign.”
It’s clear that the United Kingdom will thrive outside the European Union, as we establish major trading links away from the EU, and into far richer and more developing markets within Asia and the Middle East.