UK Government

HM Revenue & Customs (National): Latest UK Regional Trade Estimates

Press Release   •   Sep 09, 2010 14:12 BST

UK Regional Trade in Goods estimates are released today, for the second quarter 2010.

Exports

  • The total value of UK exports for the 12 months ending June 2010 was £242,486m, an increase of £9,278m (4.0 per cent) compared to the 12 months ending June 2009.
  • During the same period the total value of exports for England rose by 4.0 per cent to £176,302m. Exports from Wales fell by 15.6 per cent to £8,666m, exports from Scotland rose by 5.2 per cent to £14,992m, and exports from Northern Ireland fell by 14.3 per cent to £4,981m.
  • Within England, the South East had the largest total value of exports of £40,407m for the 12 months ending June 2010. The North East had the smallest total value of exports of £10,639m.
  • The largest percentage change in the English regions for this period was for the East Midlands region which decreased by 9.1 per cent to £14,164m. Yorkshire and the Humber region had the smallest change, with an increase in exports of 1.9 per cent to £12,801m.
  • The number of exporters in the UK for Quarter 2 2010 compared with the same quarter last year, decreased by 1.9 per cent to 49,719. Northern Ireland had the largest decrease of 7.3 per cent to 1,303. There were no regions or countries where the number of exporters increased.

Imports

Fig 1: UK Trade-in-goods exports by region (attached)
Fig 2: UK Trade-in-goods imports by region (attached)

Notes to editors

1.        HM Revenue & Customs (HMRC) has today published a set of new regional trade statistics figures for the second quarter 2010. The 2010 data are provisional, and subject to the normal updates in overseas trade statistics relating to late receipt and amendments of trade declarations. In line with the revisions policy the final regional trade statistics for 2009 are being released.

2.        The News Release uses the EU27 country group as from Quarter one, 2007, including Bulgaria and Romania. A corresponding change follows for the non-EU country group.

3.        Data is taken primarily from Customs systems (for non-EU trade) and the Intrastat survey. HMRC does not receive information in respect of goods that move wholly within the UK, nor in intangibles and services such as banking or tourism. Trade is mainly allocated to a region by the postcode associated with a company’s VAT registration.

4.        Some adjustments have been necessary in the production of export statistics by region to ensure manufacturing that takes place at branch premises is properly allocated to the region where the branch is situated. However, adjustments are not made to import statistics and therefore, in some cases, trade has been allocated to the region where the head office is situated.

5.        Regional Trade Statistics (RTS) total values differ slightly from the UK level Overseas Trade Statistics; RTS includes estimates made for EU trade below the Intrastat threshold, which are included in the ‘Unknown region’. The RTS does not include estimates for non-response or estimates for the missing EU Imports associated with Missing Trader Intra-Community VAT Fraud (MTIC Fraud).

6.        The estimates relating to trade in goods within classification codes that have changed since the previous year are not assigned to a region but are included within ‘Unknown region’ for completeness.

7.        Aggregated tables are produced to facilitate time series analysis; these tables are provided in a separate document released in conjunction with this News Release.

8.        Information on the methodology used for the Regional Trade Statistics time series can be obtained from the National Statistics Publication Hub accessed via www.statistics.gov.uk and also on the trade statistics information website www.uktradeinfo.com.

9.        The Regional Trade in Goods figures are in the scope of National Statistics. National Statistics are produced to high professional standards set out in the Code of Practice for Official Statistics.  They undergo regular quality assurance reviews to ensure they meet customer needs. They are produced free from any political interference.

10.    In 2009 a change took place to the Customs administrative data source used in the compilation of the RTS. More detail on this can be found athttps://www.uktradeinfo.com/pagecontent/downloads/RTS_EORI_web.pdf
The impact of the change is being monitored and reviewed by the Trade Statistics Unit.

11.    The next release will be published on 9 December 2010. This will include revised data for 2010 plus a set of new regional trade statistics figures for the third quarter 2010.

For further information please contact:

Statistical Contact: Rafael Mastrangelo

uktradeinfo Customer Services, 
HM Revenue & Customs: Trade Statistics
3rd Floor Central,
Alexander House,
21 Victoria Avenue,
Southend-on-Sea,
SS99 1AA

Telephone:  01702 367485

E-mail: uktradeinfo@hmrc.gsi.gov.uk,

Fax: 01702 366596

© Crown copyright 2010.

Information about HM Revenue & Customs can be found on our website: www.hmrc.gov.uk For this news release and other information visit www.uktradeinfo.com for authoritative and up to date information on UK Trade.

If using specific facts contained in this release please check the information is still current.

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