UK/EU Compatibility


#41

Just be careful with choosing the UK.
UK is just one of the all countries in Europe. With the discussions on brexit and if the UK leaves they will no longer be EU. So for the rest of the EU will be like ordering from the US.
So not sure if it is worth it to invest in the UK.

Most non-Eu companies will set this type of operations in 3 of major logistics hubs are Germany, Netherlands and Belgium. The main European hub for UPS for example is in Belgium.


#42

The deficit between goods exported/imported between the UK and the rest of the EU is somewhat significant.

I would suspect that if the UK leaves at 11:00 pm on the 29th March next year without a significant trade deal then it will not be too long before one is struck.

WTO rules would especially hurt the German car industry and personally I would be upset if I couldn't buy my next Mercedes without a 'tarrif'


#43

BREXIT!!!!!!!!!!!!! Not on here as well....................... HELP.............
:woozy_face:


#44

Is the UK that has much more to loose with a brexit as 44% of their exports are into EU countries.

The UK exported £274 billion of goods and services to other EU member states. This is equivalent to 44.5% of total UK exports.

• Goods and services imports from the EU were worth £342 billion (55.5% of the total) in 2017.

• The UK had a trade deficit of -£67 billion with the EU but a surplus of £41 billion with non-EU countries.

• The UK recorded a deficit in goods with both the EU and non-EU countries, but a trade surplus in services with both the EU and non-EU countries.

• The EU accounted for 48% of UK goods exports and 40% of services exports; 54% of imported goods and 49% of imported
services were imported from the EU.

All of these figures do not account for what is known as the Rotterdam
effect – this is the theory that the UK’s trade with the Netherlands is artificially inflated owing to goods being dispatched to or arriving from the port of Rotterdam, even if the original source or eventual
destination country is elsewhere.

This will also have a potential knock-on effect, as some trade recorded with the Netherlands, and thus the EU, may ultimately be with non-EU countries.


#45

All of the above is all well and good, but it won't help me work out how to turn the light on if my cat comes through the cat flap on one leg carrying a bat. Oh, and it's a Tuesday between 04:11 and 04:17 which is when I get up to use the toilet. :wink: