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UK represents only 18% of the post brexit EU market. The problem is that that the Uk now is a completely seperate market, so is in direct competition for attent
by bildung 6y ago
UK represents only 18% of the post brexit EU market. The problem is that that the Uk now is a completely seperate market, so is in direct competition for attention with other non-EU markets. Why should a EU company focus on the UK when e.g. China is a much larger market and growing much faster? Or Japan? Or Brazil?
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=EU-GB-CN-JP https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
- brigandish 6y ago> Why should a EU company focus on the UK when e.g. China is a much larger market and growing much faster? Or Japan? Or Brazil? Some reasons would include China and Japan being highly protectionist and difficult markets to enter into successfully, the language barriers, but most importantly, distance.