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Home > Blog > Why Wake Marine can help as total value of North East England’s exports grows

Why Wake Marine can help as total value of North East England's exports grows

North East England can often be a relatively overlooked part of the country, despite the great fame of Geordies like Sting and Ant and Dec and well-known food and drink from the region including Newcastle Brown Ale and parmesans – or 'parmos'. Its economic performance can also often be perceived as relatively poor within the UK; however, recent figures have revealed that North East England has actually recently experienced a notable growth in the total value of its exports. These include organic chemicals, so you can probably begin to see why one of the UK's most reputable chemical transport companies, Wake Marine, can help the region to succeed even further.

 

Lots of encouraging statistics for North East England

Being more specific, the total value of exports from North East England has, in the last year, increased by 5.33%. This compares to the decline of 3.42% in the total value of the whole country's exports in the same period. These figures, which have recently been released by HM Revenue & Customs, are encouraging for the region, as they show that North East England is consistently bucking the national trend.

Further statistics show that the biggest single market for exports from North East England is the Netherlands. From the region, that country received exports of the total value of £1.59bn in the 12 months up to the end of September 2014. Statistics also show that the region's exports to 12 of its biggest 20 markets increased over the previous 12 months – by, for example, 74% in the USA, 139% in Canada and a massive 353% in Belgium. There was also a 3% growth in the region's exports to the European Union; 55% of North East England's exports now go to the EU. This is 4% higher than the percentage of national exports which go to the Union.

 

We can help the region to build on this success

UK Trade & Investment's regional director, David Coppock, has described North East England's recent success in numerous export markets as "clearly good news". However, he has warned that "we cannot be complacent" and that his organisation "will be continuing its efforts to work with partners to help ensure the region's companies have the support and expertise they need to succeed in the global marketplace". One of the country's best regarded cargo shipping companies, Wake Marine, can also help companies in the region to thrive through liquid cargo transport.