Boycotting US stuff

[Alan Harper's Tash]

I'm afraid that your figures are indeed nonsense and, because I'm a helpful chap and also because God loves a trier (even yourself), I'll show you the real figures and explain why you're wrong.

The first mistake you made was to just glibly accept the data you found as correct, and not question whether the figures quoted were in fact feasible. Most obviously, your data stated that total UK exports in 2024 were the rather dubious figure of USD509bn. At the average 2024 exchange rate, this amounts to just GBP398bn. Given that UK nominal GDP last year was GBP2.88 trillion, this would imply that total UK exports amounted to just under 14% of GDP.

This is obviously bollocks - the actual figure is 31% - and so a quick sense check would have told you that the figures were wrong. In fact the figures you found are (inaccurate) United Nations estimates of UK goods exports, not total exports, and so again the problem here is simply a lack of thought on your behalf.

Total UK exports in 2024 were actually GBP893.2bn; a bit of a difference. Exports to the US were GBP200.8bn (22.5% of the total) last year, while exports to Germany were GBP61.7bn (6.9%), France GBP46.9bn (5.2%) and the Netherlands GBP51bn (5.7%).

Exports in 2024 to the three EU countries you picked out accounted for 17.9% of the total, and were therefore equivalent to just under 80% of the value of exports to the US, as I've previously said. Again, very different from the 150% figure you believe to be true.

All the figures I've quoted here are from the ONS and a handy summary can be found in the Trade and investment core statistics book, published a couple of weeks ago.

I do hope you find this useful, along with @Alan Harper's Tash , @roubaixtuesday and particularly @Phil1, special guy that he is.

 

[Alan Harper's Tash]

I'll be on the phone to Trading Economics first thing tomorrow because they clearly don't live up to:


"Reliability and Use

Trading Economics is generally considered a reliable source within the financial community due to its reliance on official data sources and regular fact-checking. Its data is used for market analysis, academic studies, corporate planning, and risk management. The platform's high number of referring domains indicates a strong digital authority and trust within the industry."

They're hardly a bunch of cowboys.

But you know the funniest thing, you've probably spent all afternoon just trying to prove BKB.

He thinks I’ll read his cherry picked numbers. Funny he’s spent hours for no purpose.

 

[Brewster's millions]

I'll be on the phone to Trading Economics first thing tomorrow because they clearly don't live up to:


"Reliability and Use

Trading Economics is generally considered a reliable source within the financial community due to its reliance on official data sources and regular fact-checking. Its data is used for market analysis, academic studies, corporate planning, and risk management. The platform's high number of referring domains indicates a strong digital authority and trust within the industry."

They're hardly a bunch of cowboys.

But you know the funniest thing, you've probably spent all afternoon just trying to prove BKB.

Given that I told you the exact same figure yesterday evening (i.e. just under 80%) in response to something you posted about half an hour earlier, why do you believe I’ve spent all afternoon working out said figure?

Doesn’t really make sense does it? If you actually think about it, that is.

 

[FogBlueInSanFran]

Isn’t the difference between goods exports and total exports just services exports and re-exports?

 

[FogBlueInSanFran]

Levi jeans are good though, aren't they?

I prefer American Eagle. Which I doubt are made in America. I’d check but I’m wearing them now and don’t want to pants myself at the airport.

 

[Phil1]

He thinks I’ll read his cherry picked numbers. Funny he’s spent hours for no purpose.

You're just upset because you're not special like me. :-)

 

[remember arthur mann]

How

 

[gordondaviesmoustache]

Given that I told you the exact same figure yesterday evening (i.e. just under 80%) in response to something you posted about half an hour earlier, why do you believe I’ve spent all afternoon working out said figure?

Doesn’t really make sense does it? If you actually think about it, that is.

Sorry you may have missed my previous couple of questions as a follow up to your answer on the US administration:

Do you view Russia as our enemy?

And do you think we are at war with Russia?

 

[The Future’s Blue!]

Can I just ask, as so many reply to Brewzters Millions, is this person an actual millionaire who made it by chance?

 

[dickie davies]

I'm going to boycott KFC, Burger King, McDonald's and Five Guys, just like I have for the last ten years

 

[Mad Eyed Screamer]

I'm refusing to drive under a covered bridge.......

 

[ChicagoBlue]

I prefer American Eagle. Which I doubt are made in America. I’d check but I’m wearing them now and don’t want to pants myself at the airport.

Sydney Sweeney is a marketing genius if she can get middle-aged (harrumph!) men to go into American Eagle for a pair of jeans!

Was it the metallic dress that put you over the top?

;-)