East of England leads in export growth

17:45 18 March 2013

Liz Basing, Regional director of UKTI East

Liz Basing, Regional director of UKTI East


The East of England is the fastest growing region in the country when it comes to non-EU exports, according to research.

The latest trade figures from HM Revenue and Customs have shown that the East’s exports outside the EU now stand at 16.4pc year on year – while exports to the recovering US market have grown 28pc year on year.

The total value of exports from the region during the final three months of 2012 (October-December) was £6.7bn.

Meanwhile, the annual total for exports from the region was £26.7bn.

Liz Basing, regional director for UK Trade & Investment (UKTI), said: “East of England companies are doing brilliantly in markets outside Europe. That is where the best long- term growth prospects are but that does not mean Europe isn’t important.

“The EU still accounts for more than half the exports and the US is once more the single most important overseas market for businesses in the East of England. My team at UKTI East is looking forward to helping even more regional companies do more business across the full range of markets from Brazil, Boston or Benelux.

Exports to the USA and Hong Kong are the region’s fastest growing markets amongst the top 10 export destinations with increases of 28pc and 57pc respectively year on year.

There was also strong growth in exports to some of the BRICS countries Brazil, India and South Africa, with increases of 19%, 13% and 21pc year on year respectively.



Show Job Lists


Employers in East Anglia are paying staff more and looking at benefits packages in a bid to attract and retain staff.
Photo credit: Philip Toscano/PA Wire

If you excel at your job then now might be the time to speak to your boss about a pay rise or equally look for an upgrade in your benefits package.

                                 Managing Director of Bakers and Larners of Holt, Michael Baker, pictured at the Holt department store.


Family businesses are the lifeblood of the economy, but can often be weighed down by tradition. Now a report seeks to champion the region’s oldest family firms. Business writer SABAH MEDDINGS reports.

Green 100


Enjoy the Green 100
digital edition


Mustard TV

Meet the Team

Mark Shields

Business Editor


Chris Hill

Agricultural and Farming Editor


Shaun Lowthorpe

Business Publishing Editor


Sabah Meddings

Business Writer


Kate Royall

Business Writer


Duncan Abel

Business Development Manager

Business Most Read


Norfolk Future 50 EDP Business Awards Green 100

Business Most Commented

Newsletter Sign Up