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The EU - the gateway to global trading 

  • The UK enjoys 49% of its trade tariff free to the EU, the world’s largest free trade bloc - 500m population, accounting for 20% of the world’s GDP
  • Single market has eliminated tariffs and has reduced costs and administrative burdens 
  • 61% of UK trade is via EU trade deals; they’d take many, many years to replace and the UK has only one eighth of current buying power so terms will be less favourable
  • As well as the EU 27 states, the UK trades with 64 more countries thanks to EU-brokered trade deals - that’s 91 countries in all