This didn’t happen.
Latest years’ numbers for UK are goods.
Before that goods and services, I think.... or at least that’s the only way I can make sense of these numbers (see WB databank/IMF numbers)
On this basis UK has slipped down table since 2015, but by one, below Japan
Latest years’ numbers for UK are goods.
Before that goods and services, I think.... or at least that’s the only way I can make sense of these numbers (see WB databank/IMF numbers)
On this basis UK has slipped down table since 2015, but by one, below Japan
https://twitter.com/fikricalkin/status/1319715856511893504
Good case study in confirmation bias - clearly some people wanted to believe that UK dollar exports could have not far off halved in 4 years.
Truth is there are some notable/concerning/interesting glacial trends in trade stats, but things would never move as quickly as this...
Truth is there are some notable/concerning/interesting glacial trends in trade stats, but things would never move as quickly as this...
Just so everyone has stats - lots of different ways trade is measured, so you do get different numbers, but vitally important to compare like with like. in $ terms UK exports of goods AND services went up from $810bn (2015) to $894bn (2019) UK slipping one to 5th below Japan...
Goods exports alone in dollar terms
Up from $437bn (2015) to $476bn (2019) UK remaining in 10th place - only changes were France overtaking Korea, Netherlands > HK and Mexico > Canada
Source here: data.worldbank.org/indicator/BX.G…
Up from $437bn (2015) to $476bn (2019) UK remaining in 10th place - only changes were France overtaking Korea, Netherlands > HK and Mexico > Canada
Source here: data.worldbank.org/indicator/BX.G…
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