Access to imports improves the competitiveness of UK companies and spurs innovation. The ability to export expands the market available to businesses and enables them to grow. The UK has competitive strength in a variety of sectors vital to a modern economy. About half our trade is with the EU, another quarter with the rest of the developed world, mainly the US, and most of the rest is with the new emerging economies. While the share of UK trade with emerging economies has been growing, it has grown less rapidly than has been the case for other advanced economies. This represents an opportunity for the UK. Very.
