As the U.K. decides to leave the European Union, the question in Oregon is: What does it mean for the state?
Oregon State University assistant professor Alison Johnston said the main issue is stock market volatility.
“I think your big Oregon companies that I know of, companies like Nike, and Intel and Columbia, I don’t think they’re going to be impacted too much,” Johnston said.
Adidas released a statement to OPB, saying it regrets the U.K.’s decision, but expects the demand for sporting goods to continue.
The U.K. ranks 12th among the top countries for Oregon exports: About 2 percent of the state’s exports go there. For comparison, 24 percent of exports go to China.
Johnston said there's also a plus side for Oregonians.
"The good news I guess for anybody doing any traveling in the U.K. anytime soon, they’re going to get a big bang for their buck, because the pound is going to be very down in value," she said.
![<p>Just 2 percent of Oregon exports go to the United Kingdom, as compared to 24 percent to China.</p>](https://npr.brightspotcdn.com/dims4/default/e4a6f03/2147483647/strip/true/resize/880x^/quality/90/?url=http%3A%2F%2Fwww.opb.org%2Fimages%2Fupload%2Fc_limit%2Ch_480%2Cq_90%2Cw_620%2FAP_16174412112865_p7dmgv.jpg)
Matt Dunham
/Just 2 percent of Oregon exports go to the United Kingdom, as compared to 24 percent to China.
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