£4bn exports ‘encouraging’

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REGIONAL exports hit almost £4bn in the first three months of 2012, described as ‘encouraging’ by the head of trade body UKTI.

Statistics from HM Revenue & Customs reveal that total exports for Yorkshire and the Humber topped £3.976bn between January and March, up from £3.919bn in the same period of 2011.

Machinery and transport equipment, chemicals and fuels and lubricants remain key exports from the region. The number of regional exporters has increased by 1.5 per cent over the last 12 months.

Mark Robson, of UK Trade and Investment, said: “These are encouraging figures, demonstrating once again that as a region we can deliver impressive results despite hugely challenging conditions in domestic markets and the Eurozone.

“Now is a great time to capitalise on foreign interest and make inroads into global markets where economies are showing steady growth. Many businesses are already doing this, exploring opportunities in Eastern Europe, South America, South East Asia and beyond.”