Exportsfrom the North East...

International trade is worth a lot of money to North East businesses

The North East is a key UK exporter

The value of exports in goods from the North East was £13.2bn in 2018

The EU is the single biggest market for the North East’s goods, accounting for 60% in 2018

Machinery, transport and chemicalsaccount for 79% of the value of goods

exported from the North East

@GrowthHubNE North East Growth Hub North East Growth Hub

In 2018 the North Eastaccounted for

of all UK exports in goods

3.9%

This includes about

of goods exportedto non-EU countries

in Europe

£1.4bn

Over the last2 years, the value of the

North East’sexports in goodshas increased by

10%

Exports from theNorth East to the EU

have grown by

over the last 2 years

9%

A much larger proportion of goods from the North East goes to EU, compared to the UK as a whole

60%North East

50%

UK

North East exports in goods are worth almost

per working-age person, the third highest rate in England

£8,000

However, North East exports to markets outside

of the EU have grown by

over the same period12%

Exportsfrom the North East...

Exports to Australasia have grown exponentially sincethe introduction of the Newcastle Emirates service to Dubai.

The success of the route has led to the airline upgradingto a new aircra� with 45% more capacity.

The value of service exports was £4.2bn in 2016

We have world class transport links through our ports and airport.These ensure ease of access to our international gateways.

Ref: North East LEP, Exports stats for North East v2, Sept 2017

@GrowthHubNE North East Growth Hub North East Growth Hub

www.northeastgrowthhub.co.uk

Call for Business Support:0300 456 3565

Financial servicesaccounted for

24%Manufacturingaccounted for

20%