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Statistics

Welsh exports

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  • Release date: 6 September 2016
  • Period covered: Quarter 2 2016
  • Next update: 4 October 2016
Data includes information by destination and product sector.

The value of exports for Wales for the four quarters up to and including 2016 quarter 2 fell by £555 million compared with the previous four quarters.

Key points

  • There was a fall in exports to EU countries of £568 million (10.7 per cent) and an increase in exports to non-EU countries of £13 million (0.2 per cent). Exports to the EU accounted for 39.2 per cent of Welsh exports compared to 48.1 per cent for the sum of the UK countries and English regions.
  • Five of the twelve UK countries and English regions had increases with South West having the largest increase (up 9.6 per cent) followed by Northern Ireland (up 9.5 per cent). The remaining seven regions saw falls over this period, with Yorkshire and the Humber having the largest fall (down 10.2 per cent) followed by Scotland (down 9.8 per cent).
  • Looking at 2016 quarter 2 in isolation, total exports (by value) for Wales were up on the corresponding quarter in 2015 by £2 million (up 0.1 per cent) to £3,187 million. Nine of the twelve UK countries and English regions had increases over this period. West Midlands had the largest increase (up 9.2 per cent) whilst Yorkshire and the Humber had the largest fall (down 6.8 per cent). Overall, the value of exports for the sum of the UK countries and English regions increased by 1.8 per cent.
  • Welsh exports for 2016 quarter 2 were higher in value than in the previous quarter (up £198 million or 6.6 per cent), whilst the sum of the UK countries and English regions increased by 8.0 per cent. Eleven of the twelve UK countries and English regions had increases over this period with the South East having the largest increase. Northern Ireland had the only fall (down 2.3 per cent).

Methodological change

From 1st May 2016, there was a methodological change to the way the Non-EU trade-in-goods statistics are compiled. Following a change in legislation, the Non-EU trade-in-goods statistics have changed from the ‘General Trade’ system of compilation to the ‘Special Trade’ system.

For further information on the differences between General and Special Trade, please see the HM Revenue & Customs' 'Methodology Paper for Overseas Trade Statistics'.

All data in this headline has been compiled on a Special Trade basis to allow comparisons across periods to be made.

Further information

Key results and StatsWales are published quarterly and a report will be published every 6 months.

Contact

Statistician
Tel: 029 2082 3753
Email: economic.stats@wales.gsi.gov.uk

Media
Tel: 029 2089 8099

Details

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