East Mids export boom as region leaves UK behind

East Midlands goods exports rose by 15.2% to £21.2bn for the year ending March 2018, according to the latest HMRC figures, outstripping the national average of 6.5% growth.

The figures for the first quarter of 2018 show that the East Midlands is now home to more than 8,100 exporters, an increase of 2.8% when compared to the first quarter of 2017, with an average value of £674,00 per exporter.

Ian Harrison, head of exports for the Midlands at Department for International Trade, said: “The latest HMRC figures continue to show a growing appetite for UK goods in overseas markets and many businesses across the East Midlands are already reaping the rewards of trading with global customers.

“Figures outlined in the latest data reflect the ambitions we have seen first-hand. Businesses looking to start their exporting journey, or expand overseas, should be encouraged by this continued positive picture we have seen so far this year.”

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