Data on goods exported to destinations outside the UK for April 2019 to March 2020.
The most recent data in this report is for the year ending March 2020. The data will cover a very short period of the coronavirus (COVID-19) pandemic and it will be difficult to fully determine any impacts this may have had until more recent data is available.
- The value of goods exports for Wales was £17.2 billion, down £0.5 billion (2.7%) compared to the same period the previous year.
- 2 of the 12 UK countries and English regions had increases with London having the largest increase (up 9.6%). Wales saw the fourth smallest decrease.
- There was a decrease in exports to EU countries of £494 million (4.6%) and an increase in exports to non-EU countries of £11 million (0.2%), compared with the previous year.
- Exports to the EU accounted for 60.0% of Welsh exports compared with 47.2% for the UK.
- France has replaced Germany as the top export destination for Wales, accounting for 16.1% of exports. This proportion is up from 15.6% of exports in the previous year.
- This fall in German exports can be seen across nine of the ten industry sectors with Machinery and Transport falling the most (£412 million).
- Exports from Wales continued to be dominated by ‘Machinery and Transport Equipment’ which made up 49.3% of exports.
The data above relates to exports of goods. Experimental statistics produced by the Office for National statistics suggest that service exports make up approximately 30% of total exports in Wales.
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