ECB fires up the printing presses again.

[AtW]

PS The UK exports more per capita than Japan. HTH

UK exports: $495.4 billion (2011 est.) / 62,698,362 (population) = 7901 per capita
Japan export: $800.8 billion (2011 est.) / 126,475,664 (population) = 6332 per capita
China exports: $1.897 trillion (2011 est.) / 1,336,718,015 (population) = 1419 per capita

So there you have it - UK is beating up not just Japan but also China in exports!!!

Source: CIA Factbook.

[sasguru]

UK exports: $495.4 billion (2011 est.) / 62,698,362 (population) = 7901 per capita
Japan export: $800.8 billion (2011 est.) / 126,475,664 (population) = 6332 per capita
China exports: $1.897 trillion (2011 est.) / 1,336,718,015 (population) = 1419 per capita

So there you have it - UK is beating up not just Japan but also China in exports!!!

Source: CIA Factbook.

That surprised you didn't it?

Yes the value of exports has increased steadily since the 2nd world war.
Of course the proportion that exports make as a % of the economy has fallen, since whole new industries have arisen since then, not least IT.
But of course we should be competing more with the likes of Germany.

[AtW]

That surprised you didn't it?

No, what suprised me is your cretinism thinking that per capita exports is the main factor - especially when you factor in Japanese companies making stuff here and just using UK as gateway to Europe.

Oh Germany exports 3 times more stuff and it ain't hot air financial services!

[sasguru]

No, what suprised me is your cretinism thinking that per capita exports is the main factor - especially when you factor in Japanese companies making stuff here and just using UK as gateway to Europe.

Oh Germany exports 3 times more stuff and it ain't hot air financial services!

How can you compare countries if not on a per-capita basis, moron?

And why don't you move to Germany then?
Oh I forgot your not very succesful business is the ultimate hot-air business, used by marketing types.

[AtW]

How can you compare countries if not on a per-capita basis, moron?

By totals - Chinese Central Bank might only have $3 per capita reserves but overall it makes them super large with far more firepower than BoE which might have a lot more per capita.

[sasguru]

By totals - Chinese Central Bank might only have $3 per capita reserves but overall it makes them super large with far more firepower than BoE which might have a lot more per capita.

But whatever resources they have must be shared over one-fifth of the world's population.
You really are a complete moron.
Have you found an intelligent MD who knows what they are doing for your company yet, or are you going to muddle along in your bumbling way?

[AtW]

But whatever resources they have must be shared over one-fifth of the world's population.

You seem to assume that country's exports are share evenly on per capita basis, this is obviously totally wrong.

[sasguru]

You seem to assume that country's exports are share evenly on per capita basis, this is obviously totally wrong.

No I didn't assume that. I can see you're in one of your "special" moods. Too much coding perhaps.
Come back to the topic when you can think clearly, if at all.

[AtW]

No I didn't assume that.

If you are not assuming that then your metric has no relevance.

In any case it's the difference between export and import that is really important.

UK:
Exports: $495.4 billion (2011 est.)
Imports: $654.9 billion (2011 est.)
Balance: -$159.5 billion (NEGATIVE)

Japan:
Exports: $800.8 billion (2011 est.)
Imports: $794.7 billion (2011 est.)
Balance: $6.1 billion
Note - much better balance of payments than UK even though no big profit from exports.

China:
Exports: $1.897 trillion (2011 est.)
Imports: $1.664 trillion (2011 est.)
Balance: $0.233 trilion or $233 billion

Germany:
Exports: $1.543 trillion (2011 est.)
Imports: $1.339 trillion (2011 est.)
Balance: $0.204 trilion or $204 billion

Do you see now that UK is in deed tulip where as other countries ain't. Germany makes decent profit from exports, fair play to them.