Today figures released by the government demonstrate both the growth and importance of the EU market to UK exporters.
- Non-EU Exports for February 2018 were £13.7 billion. This was a decrease of £1 billion (7.0 per cent) on last month, and a decrease of £0.6 billion (4.1 per cent) compared with February 2017.
- EU Exports for February 2018 were £13.7 billion; an increase of £0.8 billion (6.3 per cent) compared with February 2017.
Liberal Democrat Brexit spokesperson, Tom Brake said:
"As the government’s own figures show, Europe remains by far the UK’s largest export market, and its importance is only growing.
"This underscores the need to support UK exporters and control our trade deficit by remaining in the single market and customs union.
“The importance of EU export markets exposes Tory claims to be the ‘party of business’ as ridiculous, and that Brexit threatens trade with our most important international partners."
Full government statistics used in this release here