A rise in the value of exports from Yorkshire has been welcomed by a regional international trade expert.
Mark Robson, regional director for UK Trade & Investments, was commenting on figures from HM Revenue & Customs which showed exports from Yorkshire during the second quarter of 2013 were worth £4.43bn.
That compares with £4.24bn for the first quarter and £3.93bn for the second quarter of last year.
Yorkshire and Humber was the only northern region to show second quarter growth – with export values declining in the North East and North West compared with the first three months of 2013.
The figures also reveal that regional exports to Asia and Oceania were worth £467m for the second quarter – up by more than £50m on the first quarter – while exports to North America grew to £1.1bn from £683m.
There was also continued growth in emerging economies in Eastern Europe and Latin America for the first half of 2013 compared to the same period of 2012.
Mr Robson said he was optimistic that further growth will follow as global markets continue to recover.
“It’s refreshing to see sustained growth for the total value of regional exports in 2013 versus 2012,” he said.
“This was our strongest quarterly showing since 2011 and it is a further sign that local businesses are taking the initiative and fulfilling their global potential.
“There is still a lot of uncertainty in some areas, not least the European Union and Middle East where we have seen little or no regional export growth in 2013, but that is countered by impressive gains in Asia and North America.
“It is also pleasing to see that we are holding our own in emerging Eastern Europe, which will remain a key region for the years ahead.”
Said Mr Robson: “We have the skills, products, services and expertise as a region to capitalise on international opportunities wherever they arise.
“I am quietly confident that we will continue driving forwards for the remainder of 2013.”
The HMRC statistics show that machinery and transport equipment, mineral fuels and chemicals are the key export commodities for Yorkshire and the Humber – with America, Germany and Holland the region’s top three export partners.
Several events are planned in the weeks and months ahead to encourage more local firms to consider international trading, or to explore opportunities in specific countries. Visit www.ukti.gov.uk