b'Table 70 Share of UK tradein goods and services with the EUSource:ONS Pink Book 2018 was characterised by a strong US dollar and a weak euro. 2019continued this trend, which has an effect on the value of British exports.5Just in currency and hence value terms alone, the value of UK exports to the rest of the world will increase and the value to the EU will decrease. This is before one even considers likely levels of demand in the US and the rest of the world compared with static or declining demand in Continental Europe, in particular in the Eurozone. UK exports to the EU could go down to 30% within the decade (as shown in Chapter 3). Percentages of exports as an argument for the UK to remain in the EU political union or the EU s regulatory regime is not a good one - but even within the terms of that argument, less than a third and the argument falls away.156'