Economics, Econometrics and Finance
5 years ago

Brexit drives UK exports away from EU, towards China and India.

Brexit, the European Union, and globalization: political and economic perspectives
Giuseppe Ammendola

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The share of UK exports to the EU decreased from 54% in 2000 to 43% in 2016. In 2016, the US invested more in the UK than in China and India combined. The UK's total foreign direct investment stock slightly increased to $1.63 trillion in 2017.