UK becomes one of world's biggest exporters - or does it?

© Tashatuvango

Interesting article by The Conversation on why the UK’s position as the world’s fourth largest exporter  ? yeah, we had to read that one again as well ? is not all that is seems.

New data showed the UK overtook France, the Netherlands and Japan in 2022, with $1.02 trillion-worth of exports. However, noted the article, it’s a potentially misleading stat.

Total exports include the total value of products, but in the UK’s case, much of the product is imported, and simply ...