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Welsh exports for the four quarters up to and including 2014 quarter 4 were down 11.0 per cent on the previous four quarters (sum of the UK countries and English regions down 4.8 per cent). Figures for 2014 quarter 4 in isolation were down on the same quarter in 2013 and up on the previous quarter.
- The value of exports for Wales for the four quarters up to and including 2014 quarter 4 fell by £1,621 million compared with the previous four quarters.
- There was a fall in exports to EU countries of £931 million (14.2 per cent) and a fall in exports to non-EU countries of £690 million (8.4 per cent). Exports to the EU accounted for 42.8 per cent of Welsh exports compared to 48.6 per cent for the sum of the UK countries and English regions.
- Three of the twelve UK countries and English regions had increases with the North East having the largest increase (up 7.2 per cent) followed by the West Midlands (up 5.8 per cent). The remaining nine regions saw falls over this period, with London having the largest fall (down 11.2 per cent) followed by Wales (down 11.0 per cent).
- Between 1999 and the four quarters up to and including 2014 quarter 4 there was a 105.9 per cent increase in Welsh exports, the third largest of the UK countries and English regions. This compares with an increase of 71.0 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 4 in isolation, total exports (by value) for Wales were down on the corresponding quarter in 2013 by £522 million (down 14.0 per cent) to £3,198 million. Seven of the twelve UK countries and English regions had falls over this period. The East had the largest fall (down 15.7 per cent) whilst the North East had the largest increase (up 8.2 per cent). Overall, the value of exports for the sum of the UK countries and English regions fell by 2.6 per cent.
- Welsh exports for 2014 quarter 4 were higher in value than in the previous quarter (up £174 million or 5.8 per cent), whilst the sum of the UK countries and English regions increased by 7.8 per cent. All but two of the twelve UK countries and English regions saw an increase over this period with London having the largest increase (up 20.4 per cent).
Quarterly data are published on StatsWales and a report is published bi-annually.
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