Welsh Exports Fall by Pounds 1.6bn as UK Figures Show Increase; WAG BLAMES POOR ECONOMIC CONDITIONS FOR 15.6% SLUMP
Byline: CHRIS KELSEY
EXPORTS from Wales slumped more than 15% in the year to June - the worst performance for any part of the UK.
Figures released by HM Revenue and Customs (HMRC) show the value of overseas sales from Wales for the four quarters up to June 2010 fell by pounds 1,602m compared with the previous four quarters.
This represents a decline of 15.6% at a time when exports from the UK as a whole rose by 2.5%.
Only three out of the 12 devolved nations and English regions saw a fall in export values over this period. Wales had the largest percentage decrease followed by Northern Ireland (down 14.5%) and the East Midlands (9.1%).
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Welsh Exports Fall by Pounds 1.6bn as UK Figures Show Increase; WAG BLAMES POOR ECONOMIC CONDITIONS FOR 15.6% SLUMP. Contributors: Not available. Newspaper title: Western Mail (Cardiff, Wales). Publication date: September 11, 2010. Page number: 33. © 2009 MGN Ltd. COPYRIGHT 2010 Gale Group.
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