b'9. Renegotiation9.1. EU member states exports to the UKThe UK runs a substantial trade deficit witheconomically worse for the experience and EU member states. It has been shown byso, logically, will not even try. The UK is a the Bruges Group that up to four million jobshuge market for EU exporters. In 2017 alone, in the EU would be at risk if the EU initiatedthe UK trade deficit with the EU was roughly a trade war with the UK.31 The EU would67 billion, and the trade deficit is more than emerge from any such confrontation250 billion over the last five years.Table 83 The UKs balanceof trade with the four largestEU economiesin 2018in millions CountryUKs ExportsUKs ImportsUK Net DeficitGermany35,24568,545-33,300France24,08427,638-3,554Spain10,51815,849-5,331Italy10,54919,450-8,901Source:HMRC, OverseasTrade Statistics Table 84 The UKs balanceof trade with the EU in billions 201220132014201520162017TotalExports1501512262302232741254Imports2062162882912913411,633Balance-56-65-62-61-68-67-379Source: House of CommonsLibrary Statistics on EU-UK Trade 2019174'