11/06/2010

Scotland's Exports Rise

New statistics show Scotland is outperforming rest of UK in exports.

The value of Scottish exports of goods rose by 3.5 per cent to £14.8 billion during the year to March 2010.

Today's National Statistics Quarterly UK Regional Trade Estimates from HMRC show the value of exports for the UK as a whole fell by 5.3 per cent over the same period, with exports falling in England (4.8 per cent), Wales (16.8 per cent) and Northern Ireland (17.4 per cent) over the year.

Finance Secretary John Swinney said: "These figures highlight the success of Scottish companies competing in tough global markets.

"They also show that the Scottish Government's firm focus on securing economic recovery is having a real impact, and vindicates the decisive action we are taking to support businesses to achieve sustained economic growth through this fragile recovery period.

"Increasing support for exporters and Scottish businesses looking to expand across the globe is key to protecting our recent emergence from recession, and a key part of our Economic Recovery Plan."

(GK)

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