Welsh Exports up to Quarter 2, 2010

Welsh exports for the four quarters up to and including quarter 2 2010 were down 15.6 per cent on the previous four quarters (sum of the devolved countries and English regions up 2.5 per cent).  Figures for quarter2 2010 in isolation were down on the same quarter of 2009 and up on the previous quarter.

The key results are as follows.

• The value of exports for Wales for the four quarters up to and including quarter 2 2010 fell by £1,602 million compared to the previous four quarters.
• There were decreases in exports to EU countries and in exports to non-EU countries, down £480 million (9.0 per cent) and £1,122 million (22.8 per cent) respectively.
• Three of the twelve devolved countries and English regions saw falls over this period. Wales had the largest percentage decreases in the value of exports over these four quarters (down 15.6 per cent) followed by Northern Ireland and the East Midlands (down 14.5 and 9.1 per cent respectively). The largest increases were in London, the West Midlands and the East of England (up 8.2 per cent, 8.1 per cent and 6.5 per cent respectively).
• There was a 35.5 per cent increase in Welsh exports between 1999 and the latest four quarters. This compares with an increase of 40.6 per cent for the sum of the UK countries.
• Looking at quarter 2 2010 in isolation, total exports (by value) for Wales decreased on the corresponding quarter in 2009 by £124 million (down 5.1 per cent) to £2,296 million.  Three of the twelve devolved countries and English regions experienced decreases in exports over this period with Wales having the largest decrease, followed by the East Midlands and Northern Ireland. The largest increase was in the West Midlands. Overall, the value of exports for the sum of the UK countries increased by 15.6 per cent.
• Welsh exports for quarter 2 2010 were higher in value than in the previous quarter (up £253 million or 12.4 per cent), compared to an increase of 7.4 per cent for the sum of the UK countries. London was the only region to experience a decrease in the value of exports on the previous quarter (down 5.3 per cent). Wales had the fifth largest increase over this period with Scotland having the largest increase (up 22.3 per cent).

Further information

StatsWales website.

Contact

Tel: 029 2082 5017
E-mail: economic.stats@wales.gsi.gov.uk

Next update

9 December 2010