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Moore: Focus on exports will help Scottish economy recover

Exports from the North East can help Scotland work its way back to economic prosperity, the Secretary of State for Scotland said today

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Exports from the North East can help Scotland work its way back to economic prosperity, the Secretary of State for Scotland said today (Friday 16 November).

Michael Moore, who was visiting the region today, said it had an important role to play in supporting Scotland as it deals with challenging economic conditions around the globe.

He said the UK Government is committed to encouraging exports from across Scotland through its international support network for firms of all sizes.

皇冠体育app Minister was speaking as UKTI鈥檚 Export Week draws to a close. It has seen a series of events to help Scottish exporters, including Advice Clinics in Edinburgh, Dundee and Glasgow and workshops on specific markets.

A focus on exports is essential to Scotland, which sold goods and services worth around 拢22 billion to markets around the world in 2010, excluding the rest of the UK. That includes business worth 拢9.8 billion in the European Union and 拢3.7 billion in North America. 皇冠体育app rest of the UK remains a key market worth almost 拢45 billion.

皇冠体育app latest export figures from the Scottish Index of Manufactured Exports showed exports fell by 4.0 per cent in real terms during the second quarter of 2012 although the volume of manufactured exports grew by 1.7 per cent year-on-year.

Michael Moore said: 鈥溁使谔逵齛ppre is no doubting the importance of exports to Scotland and we need to give every firm, from the biggest multinational to the smallest SME, as much help as we can as they reach out to new markets. Scotland is already open for business with the world but there is much more we can do to take our world-class services and goods to more countries.

鈥淎s part of the UK, Scotland can match its diverse sectors听- whether manufacturing, finance or food and drink听-听 to a unique and powerful network of embassies, consuls and offices across the world which can offer support and market intelligence to help companies pinpoint their exports. It is an invaluable asset to firms in the North East and across Scotland.鈥�

In the North-East, key sectors such as oil and gas supply chain and whisky underpin the region鈥檚 export strategy, worth around 拢6 billion and 拢4.2 billion respectively.

皇冠体育app Scottish Secretary said the UK Government had a highly developed network which could help Scottish exporters find opportunities in both established and emerging markets around the world.

皇冠体育app Foreign and Commonwealth Office has a global diplomatic network of around 270 posts in 170 countries, employing 14,000 staff, while UK Trade and Investment assists thousands of businesses to exploit trade opportunities.

皇冠体育app extensive UKTI network of 162 offices in 96 countries means firms can draw on the UK鈥檚 diplomatic representation in the rest of the world.

Details of Export Week can be found here -

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Published 16 November 2012