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Section highlightThe Well-being of Future Generations (Wales) BillThe Bill strengthens existing governance arrangements for improving the well-being of Wales to ensure that present needs are met without compromising the ability of future generations to meet their own needs.
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Welsh exports for the four quarters up to and including 2014 quarter 1 were up 9.9 per cent on the previous four quarters (sum of the UK countries and English regions up 0.5 per cent). Figures for 2014 quarter 1 in isolation were down on the same quarter in 2013 and down on the previous quarter.
- The value of exports for Wales for the four quarters up to and including 2014 quarter 1 rose by £1,318 million compared with the previous four quarters.
- There was an increase in exports to both EU countries and non-EU countries, up £393 million (6.5 per cent) and £925 million (12.7 per cent) respectively. Exports to the EU accounted for 43.8 per cent of Welsh exports compared to 48.1 per cent for the sum of the UK countries and English regions.
- Seven of the twelve UK countries and English regions had increases with the West Midlands having the largest increase (up 19.3 per cent) followed by Wales (up 9.9 per cent). The remaining five regions saw falls over this period, with the North West having the largest fall (down 8.7 per cent) followed by London (down 7.2 per cent).
- Between 1999 and the four quarters up to and including 2014 quarter 1 there was a 129.1 per cent increase in Welsh exports, the largest of the UK countries and English regions. This compares with an increase of 78.2 per cent for the sum of the UK countries and English regions. No country or English region saw a fall over this period.
- Looking at 2014 quarter 1 in isolation, total exports (by value) for Wales were down on the corresponding quarter in 2013 by £140 million (down 3.8 per cent) to £3,508 million. All but three of the twelve UK countries and English regions had falls over this period. London had the largest fall (down 14.8 per cent) whilst the West Midlands had the largest increase (up 13.1 per cent) Overall, the value of exports for the sum of the UK countries and English regions fell by 3.7 per cent.
- Welsh exports for 2014 quarter 1 were lower in value than in the previous quarter (down £211 million or 5.7 per cent), whilst the sum of the UK countries and English regions fell by 6.1 per cent. All but two of the twelve UK countries and English regions saw a fall over this period with London having the largest fall (down 17.3 per cent).
Quarterly data are published on StatsWales and a report is published bi-annually.
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