Brexit Benefits

[fillyboy]

Did you understand the point in the article ?

Do you not understand that between 2021 and 2024 UK went from being the 7th largest exporter in the world to the 4th.

 

[carmanmemoranda]

Do you not understand that between 2021 and 2024 UK went from being the 7th largest exporter in the world to the 4th.

I see the headline, but without the facts.

How about you, what do you see ?

 

[fillyboy]

Try this....


At first glance, this seems a significant coup, showcasing the UK’s economic resilience. But before cracking open the champagne, it’s worth considering what these numbers truly mean and whether they tell the full story.

Looking at the top-line export figures alone can be misleading when gauging a country’s true economic competitiveness. This is because total exports report the value of products, including the costs of everything that goes into making them. But some of this – parts and labour known as “intermediate inputs” – will be imported.

Think of the value of a Mini car made in the UK and exported abroad. With it being assembled domestically, the finished car counts as a UK export. However, a good portion of its total value (more than 60% in some cases) is added earlier in the supply chain by companies in other countries. The UK then imports the value of the parts and labour to complete the car production.

So the UK’s export ranking may not accurately reflect its economic strengths and productive capability. The US$1.02 trillion headline may hide a large portion of value created far from the UK shores

Yes, I do understand.
Do you understand that those parameters taking into account 'intermediate inputs, existed in 2021 exactly as they do in 2024.

 

[fillyboy]

I see the headline, but without the facts.

How about you, what do you see ?

If you can show me that UK jumped three places purely because the parameters involving 'intermediate inputs' changed, I'll buy it.

 

[carmanmemoranda]

You stick with your filly facts, nobody can open your eyes.

I've presented the details for you.

 

[fillyboy]

You stick with your filly facts, nobody can open your eyes.

I've presented the details for you.

Do the parameters involving intermediate inputs apply to other countries or is the UK the only country that imports components? (China might be an exception to the rule).

 

[Notch7]

Do you not understand that between 2021 and 2024 UK went from being the 7th largest exporter in the world to the 4th.

Yeah….growth been in services.

You are applauding an increase in wealth and power being concentrated in the city….and only benefiting the very wealthy.

Brexit was only ever a vehicle for hedge fund managers, disaster capitalists and billionaires to make money out of the chaos and opportunities for deregulation.

The fickos who voted for Brexit in Cornwall, Essex, Lancashire, Yorkshire, Wales have all seen their living standards and communities decline



If U.K. is doing so great how come living standards are way behind equivalent Western economies, such as Sweden, Denmark, Germany, France, Holland etc etc

 

[Notch7]

Do the parameters involving intermediate inputs apply to other countries or is the UK the only country that imports components? (China might be an exception to the rule).

Brexit is a failure, all that’s left is gammon victimhood

You devotion to the grift is due to the depth of your brainwashing.

The fact you like Trump shows how easily you are taken in

 

[fillyboy]

Yeah….growth been in services.

A fantastic growth in services, something the UK excels in.

 

[charliegolf]

Do you not understand that between 2021 and 2024 UK went from being the 7th largest exporter in the world to the 4th.

Gold. We exported gold to get us there on that list. Is gold a natural resource in UK? Corrected for inflation, 'goods' exports have not increased since 2016.

 

[fillyboy]

Gold. We exported gold to get us there on that list. Is gold a natural resource in UK? Corrected for inflation, 'goods' exports have not increased since 2016.

But by how much has the export of 'services' increased?

 

[noseall]

But by how much has the export of 'services' increased?

Not enough to outweigh the damage Brexit has done. Nowhere near.

 

[fillyboy]

Not enough to outweigh the damage Brexit has done. Nowhere near.

A soundbite, backed up with?

 

[noseall]

A soundbite, backed up with?

Facts.

Truth.

Not a fillyfact.

Brexit my arse.
"...Both exports and imports will be around 15 per cent lower in the long run than if the UK had remained in the EU. The size of this adjustment is calibrated to match the average estimate of a number of external studies that considered the impact of leaving the EU..."

 

[noseall]

Do you not understand that between 2021 and 2024 UK went from being the 7th largest exporter in the world to the 4th.

If you think a blip in the volatile services export figures, can alleviate years of Brexit damage, you are mistaken boyo. Full marks for your Kemi Badenoch style enthusiasm though.