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A 2004 survey of regional firms found that 43% said exports were more than 30% of their turnover.
From 1929 to 1933, imports from Europe into the United States declined by almost two-thirds and our exports were more than halved.
British characters may always have been viewed as repressed on foreign shores, but in the days when the nation still clung to a sense of its global importance, its cultural exports were more heroic.
But since exports were more than double imports, foreign credits, rather than debts, resulted.Britain's trade with other European countries is vital: seven of the ten main exports destinations are also in the EU.
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The drop in exports was more than the 9.6 percent annual decline anticipated by economists.
Exports are more diversified (Turkey's five biggest markets now take 37% of exports, down from 50% five years ago).
Today, the exports are more showily crowd-pleasing, arriving in the form of film-inspired fashions, home décor and foods.
And even if America's direct impact on Japanese exports is more muffled than before, its indirect one is substantial thanks to "triangular" trade flows.
Japanese carmakers, which depend heavily on exports, are more concerned with heading off protectionism abroad than with seeking direct help from their government.
With many old mortgages defaulted on and written off, and new ones harder to get, debt burdens have shrunk considerably.The strength of exports is more of a surprise.
In her April speech she wondered whether the UK due to its size and strategic influence could strike a better deal, but she also conceded "in a stand-off between Britain and the EU, 44% of our exports is more important to us than 8% of the EU's exports is to them".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com