Region is export ‘powerhouse’

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THE south east remains the biggest exporting region in the UK, according to new international trade statistics.

Figures from HM Revenue & Customs show that businesses in the region exported goods worth £43,255m in the year to March, an increase year on year of almost 11 per cent.

The total value of UK exports for the 12 months was £273bn.

Lewis Scott, international trade director for UKTI in the region, said: ‘These figures demonstrate again that the south east is the powerhouse of the UK economy, driving recovery through increased exports.

‘The position is encouraging, but more companies should be taking advantage of these opportunities.

‘Exporting firms can receive a significant boost to their productivity in the first year of exporting, as well as enhancing their profitability, innovation and product development.’