Call us today
+44 (0) 1376 505160
Client login

Call us today +44 (0) 1376 505160

Latest news on freight and logisitics relevant to Velta
< Back to News list

UK goods exports continue to rise

 UK exports

The number of VAT-registered businesses exporting goods across the UK has increased to 110,800, an increase of over 1,000 since this time last year, according to new figures released by HMRC.

The figures also reveal that in 2018 compared to 2017, each of the 4 UK countries experienced an increase in export levels:

  • Exports of goods from England increased by 2.1% to £248.6 billion
  • Exports of goods from Scotland increased by 5.6% to £30.3 billion
  • Exports of goods from Wales increase by 4.2% to £17.2 billion
  • Exports of goods from Northern Ireland increased by 1.9% to £8.9 billion

Businesses have seen an increased appetite for UK goods from non-EU countries, with the number exporting to these countries in the last quarter rising by 1.3% to 49,900, with the USA proving to be the most popular non-EU destination, where 20.2% of exporters sold goods.

In the final three months of 2018, the average value of goods exported in the UK per exporter was £780,000.

 

Source: Department of International Trade