European Association of Institutions in Higher Education - Annual report 2014

 On the way to 2020: data for vocational education and training policies

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For all the talk about new trade patterns, it is still important to cultivate old links. The share of total UK exports going to the Brics may have increased from 2.6 per cent to 9.1 per cent over the last 15 years (ONS, 2013), yet exports to the EU (45 per cent) and the US (17 per cent) still represent the bulk of British trade. This says a lot about the European single market’s significance and the potential impact of a Transatlantic Trade and Investment Partnership (TTIP).