A Retiring Glance At Trade – Past, Present And Future
As my tenure at UK Trade & Investment draws to a close, it’s time for a little reflection…
11 June 2012
Export expert for the East Midlands, UK Trade & Investment (UKTI) Regional Director Peter Hogarth, today welcomed the news that East Midlands exports hit £4.6 billion for the first three months of 2012, lower than the last quarter but £155 million higher than this time last year. The total for the year ending March 2012 at £17.8 billion almost achieved the region’s highest ever value of exports in any previous twelve month period.
Exports to the EU are down by £122 million compared to the same three months last year but were the third highest in the last three years. Exports to the rest of the world are up by £277 million. Exports to Asia and Oceania, mainly
Peter Hogarth said:
“The value of exports is up for the year ending March 2012. This is impressive and demonstrates that as a region we are continuing to put on a superb performance, building on the figures for 2011 which showed the
“But our number of exporters are down for the same period last year, showing fewer companies are taking advantage of the opportunities overseas. With this in mind, we urge local companies to consider whether they could be engaging in export. Research shows that companies working overseas are more resilient and more likely to stay in business than those that don't, particularly during such economically turbulent times. Our flagship programme, Passport to Export, has a fantastic reputation for helping new and inexperienced exporters succeed in foreign markets. Companies on the programme have access to a range of advice, support and training from colleagues based both in the
“The eyes of the world are on
“We want to make the most of this and help local businesses build on the Olympic legacy.
“Particular highlights for East Midlands companies include a series of sector based seminars being broadcast live from the British Business Embassy in
“We will also be hosting events in October to look at opportunities in
“Alongside this we will be helping local firms to win business overseas by championing their goods and services at a series of “Making it in the East Midlands, Selling it to the World” events, in every county across the East Midlands during July.”
“2012 is the year to take advantage of overseas opportunities and we want to ensure our local firms are doing this. There are events taking place almost weekly where you can find out more. You can also talk to an International Trade Adviser one to one anytime for free advice. Call 0845 052 4001.”