Part of 1. 1. Questions to the Cabinet Secretary for Economy and Infrastructure – in the Senedd at 1:43 pm on 7 December 2016.
While I also recognise the EU is an important market for Wales, there should be a warning, of course, of an over-reliance on trading with one area. From 2012 to 2016, the EU share of the Welsh export market has risen from 44 per cent to 67 per cent. That accounts for two thirds of Welsh exports. The UK average, by contrast, is 49 per cent, which is about where it was four years ago before North American trade started to decline. The President-elect has indicated a willingness to trade with the UK. What discussions have you had about this and will you act on that invitation and make sure Wales is at the front of that queue?