Θέσεις εργασίας - εργασία Trading - Ελλάδα
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How Greece and the EU will be affected. One of the most important aspects of 'divorce' negotiations will be the future trade relationship between the UK and the EU. Agora trading sa greece key issue will be the free without taxes, customs or other duties access of the UK to the European Union single market of over million consumers. The graphs below explore who the winners and losers might be should trade relationships between the UK and the EU deteriorate after Britain exits from the EU.
In addition, they indicate what the impact on the trade of Greece might be. To paint the picture, the USA in the second place accounts for Equally important is the UK's bilateral trade with the European Union member-states. Seven of agora trading sa greece Germany, France, the Netherlands, Ireland, Spain, Belgium, Italy are found among the top 10 trade partners, the top 10 exporting agora trading sa greece as well as the top 10 suppliers of the UK, with a combined trade volume of over 5, billion pounds during the period.
All EU member states are above the 88th place among countries and territories. Therefore, both the UK and the EU would have something to lose from a 'hard' Brexit that will leave no trade agreement with their biggest trade partners or lengthy negotiations that might result in an interim regime with barriers and charges on trade.
Trade balance data, though, indicate that - with the EU exporting to the UK more than importing from it - the EU should display some urgency in trying to strike a favourable trade agreement.
Again, the positive balance of exports versus imports should imply that Greece would be among the EU member-states to have a clear interest into pushing for a favourable trade deal with the UK in order to maintain the national income generated by exports to Britain. Three groups of member-states with a lesser agora trading sa greece a greater impact are being formed.
The first is the group of member-states with low volume and low growth of exports going to the UK. The second group is formed by countries with high growth rates of exports going to the UK, but with low volumes of total trade. There is no group of member states agora trading sa greece high volumes and high growth of exports to the UK, therefore the ones that will be affected most are likely to be the ones with the biggest volumes of exports to the UK. These states might experience a significant impact on their trade performance and consequently parts of their economies, in case of long Brexit negotiations or sour EU-UK trade relations.
They might have to shift their trade flows to other parts of the world or put pressure for a favourable trade agreement with the UK. Greece is among agora trading sa greece group of member-states with low volumes and low growth of exports going to the UK.
Among the 27 member-states of the EU, Greece scores 15th place in total volume of exports duringwhile 23rd place in compound annual growth rate of exports going to the UK 1. The data from the Office for National Statistics show that for most EU member-states are exporting to agora trading sa greece UK more than importing from it.
GBP rate might affect this positive balance. For Ireland alone, imports accounting for more than 60 percent of its billion pounds-worth of trade with the UK, thus leaving the country with a trade deficit of more than billion pounds.
For that group of countries a weaker GBP vs EUR rate might increase import flows, thus increasing their negative balance. On the other hand, agora trading sa greece harder UK access to the European Union single market might help them to boost up their balance by reducing the volumes of their UK imports. Greece is among the member-states with a positive trade balance with the UK. Also, Greece has the 13th biggest agora trading sa greece surplus against the UK, with almost 10 billion pounds.
Historical data like that showcased above are useful to understand the size of trade relationships between the UK, the EU and the EU member states. However, for a clearer picture of who will be the winners and losers agora trading sa greece trade terms after Brexit, a 'snapshot' of the current situation is needed. The USA followed with over billion pounds of exports agora trading sa greece almost 61 billion pounds of imports.
They might also experience an impact on this performance and their economic gains should a harder access to the UK market follows Brexit. Greece ranks 21st in terms of export share going to the UK, with 4. The UK might keep contributing to the EU budget for access to the single marketbut analysts expect even more than 10 years will pass before a final trade deal being signed between the two counterparts, with the agora trading sa greece of lengthy negotiations leaving UK trade to revert back to WTO rules looming as well.
For the last 4 years he has been covering startups, venture capital and digital economy. Follow Demetrios on LinkedIn or Twitter. Send with e-mail Print this page. GreeceEuropeEconomy Only half of EU member states are greatly exposed to the UK market Historical data like agora trading sa greece showcased above are useful to understand the size of trade relationships between the UK, the EU and the EU member states.