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Trends discernible in the data time-series set out in the Pink Book 2008 suggest that, by the end of the next Parliament, around two-thirds of British exports will be going outside EU-26

•  The proportion of UK exports going to the other 26 EU countries is shrinking.

•  The proportion of UK exports going to the other 26 EU countries is well under half of UK worldwide exports – even on the unadjusted official statistics produced by the Office for National Statistics (“ONS”), which overstate UK exports to the EU. In 2007, the real adjusted proportion is likely to be below 40%.

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