Scotland bucks UK trend with rise in exports

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New statistics out today reveal that Scottish exports have outperformed the rest of the UK over the last 12 months.  The figures show the value of Scottish exports of goods rose by 3.5 per cent to £14.8 billion during the year to March 2010….


New statistics out today reveal that Scottish exports have outperformed the rest of the UK over the last 12 months.  The figures show the value of Scottish exports of goods rose by 3.5 per cent to £14.8 billion during the year to March 2010.

Today’s National Statistics Quarterly UK Regional Trade Estimates from HMRC show the value of exports for the UK as a whole fell by 5.3 per cent over the same period, with exports falling in England (4.8 per cent), Wales (16.8 per cent) and Northern Ireland (17.4 per cent) over the year.

SNP Minister John Swinney welcomed new statistics, the Finance Secretary said:
“These figures highlight the success of Scottish companies competing in tough global markets.

“They also show that the Scottish Government’s firm focus on securing economic recovery is having a real impact, and vindicates the decisive action we are taking to support businesses to achieve sustained economic growth through this fragile recovery period.

“Increasing support for exporters and Scottish businesses looking to expand across the globe is key to protecting our recent emergence from recession, and a key part of our Economic Recovery Plan.

“Scottish Development International is investing more resources to help around 8,000 small and medium sized businesses across Scotland to internationalise. For example, the £7.6 million Smart Exporter project – delivered jointly by Scottish Council for Development and Industry, Scottish Chambers International and Scottish Development International, is providing vital new support for Scottish companies seeking to trade globally.

“Today’s export figures reflect the success and resilience of Scottish companies in extremely difficult trading conditions. For our part, the Scottish Government and our agencies will continue to do all we can to sustain their success.”

Background
UK Regional Statistics is a quarterly National Statistics publication produced by HMRC. It provides statistics of international trade in goods for the nine Government Office Regions in England, Scotland, Wales and Northern Ireland. Regional UK Trade in Goods Statistics provide this valuable information, and also act as a source of market intelligence for the commercial and academic sectors.

See https://www.uktradeinfo.com/index.cfm?task=td_regstats