HMRC: Latest Regional Trade Figures
- 16 June 2009 10:0123655This one may be of interest to some of our members so here goes...
Latest UK Regional Trade Estimates
UK Regional Trade in Goods estimates are released today, for the first quarter of 2009.
Exports
The total value of UK exports for the 12 months ending March 2009 was £243,018m, an increase of £17,174m (7.6 per cent) compared to the 12 months ending March 2008.
During the same period the total value of exports for England rose by 7.2 per cent to £176,322m. Exports from Wales rose by 16.2 per cent to £10,624m, exports from Scotland rose by 3.5 per cent to £14,243m, and exports from Northern Ireland rose by 8.0 per cent to £6,038m.
Within England, the South East had the largest total value of exports of £40,049m for the 12 months ending March 2009. The North East had the smallest total value of exports of £10,800m.
The largest regional percentage change for this period was for the South East region which increased by 15.7 per cent to £40,049m. The West Midlands region had the smallest change, a decrease in exports of 1.1 per cent to £15,669m.
The number of exporters in the UK for Quarter 1 2009 compared with the same quarter last year, decreased by 0.4 per cent to 49,126. Northern Ireland had the largest percentage change in the number of exporters, an increase of 3.5 per cent to 1,403. London had the largest decrease of 2.5 per cent to 8,366.
Imports
The total value of UK imports for the 12 months ending March 2009 was £333,052m, an increase of £14,922m (4.7 per cent) compared to the 12 months ending March 2008.
During the same period the total value of imports for England rose by 2.6 per cent to £268,120m. Imports to Wales rose by 14.9 per cent to £7,735m, imports to Scotland rose by 8.9 per cent to £10,578m and imports to Northern Ireland rose by 14.6 per cent to £5,689m.
Within England, the South East has the largest total value of imports of £69,527m. The smallest total value for imports is in the North East of £8,706m.
The largest regional percentage change for this period was for the North West region which increased by 13.4 per cent to £25,468m. The smallest change was for the East region which saw an increase of 0.1 per cent in imports to £43,997m.
The number of importers in the UK for Quarter 1 2009 compared with the same quarter last year, decreased by 6.9 per cent to 70,068. West Midlands had the largest percentage decrease of 9.7 per cent to 6,440. There were no regions or countries where the number of importers increased.email: dover7@msn.com - 16 June 2009 10:1023656Well that probably takes a bit of digestion. But I think we can see where the recession is biting. Although there is still a healthy level of trading going on, which surprised me, nevertheless though the level of imports in particular has seen a marked slump. This is probably due to the lack of home interest in larger items such as cars and so on.
Although speaking of cars..this europe wide scrappage scheme is proving successful with 35,000 cars in the UK taking part in the deal. Thats 35,000 new cars that may not have been sold otherwise. Some experts say there is a sign of a green shoot or two...which is sooner than expected.
Good grief! has Gordon Brown got it right!!?email: dover7@msn.com - 16 June 2009 11:2423658And a large proportion of those exports go to block up our roads and thus what does this town get out of it but congestion .
about time the Country and the Port accepted a responsibility to make direct contribution to solving the traffic chaos.
- 16 June 2009 11:4123659So barryw won't like to see the recovery.
DAVID
Whenever I pose the question with DHB etc about them making a contribution to the town, as they have a major impact on the town that we are all aware of.
DHB keep telling me they do make a contribution,
so wonder how much, where it goes, and what diffrence it makes? - Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
16 June 2009 14:2523704sounds good to me,wot with more exports than inports surely its good for the econamy. - 16 June 2009 15:0323705BRIAN yep recovery starting
- 16 June 2009 19:2823736let us not forget the exchange rates in the last quarter.
a weak pound and strong euro made it a lot easier for our exporters.
the disparity between the south east and the north east can easily be explained by transport costs.
a business in newcastle manufacturing a heavy but low value product would have little chance of exporting to the eurozone because of the hauliers fuel costs. - 16 June 2009 21:3523751They survive howard, have done for years, and are still
- 16 June 2009 22:2723761sorry keith, who are you talking about here?
- 16 June 2009 23:1223778David H wrote: "And a large proportion of those exports go to block up our roads and thus what does this town get out of it but congestion ."
Just remember that if you can buy it in a shop then it came on a truck!
The trouble is that Dover is a bottleneck for the shortest (quickest/cheapest) sea crossing to the continent and would require a major redesign effort to remove that bottleneck.Phil West
If at first you don't succeed, use a BIGGER hammer!!