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Scottish Index of Manufactured Exports, 2011 Q1

DescriptionA National Statistics Publication for Scotland. Index of Manufactured Exports for the First Quarter of 2011
ISBN
Official Print Publication Date
Website Publication DateJuly 06, 2011

INDEX OF MANUFACTURED EXPORTS
1st QUARTER 2011

A National Statistics Publication for Scotland

Subject: The Economy Coverage: Scotland

Date: 6 July 2011

Main Findings

The seasonally adjusted Scottish index of manufactured exports (IME) grew by 3.9 per cent during the first quarter of 2011.

On an annual basis, comparing the most recent four quarters to the previous four quarters (4Q-on-4Q), the volume of manufactured export sales increased 2.2 per cent.

For a Portable Document Format (.pdf) version of the statistical bulletin, use the following link: IME 2011Q1 PDF

To download the tables in Excel format, use the following link: IME 2011Q1 XLS

IME Growth Rates 2007-2011Q1

IME 2011Q1

IME Analysed by Industry Sectors

In the latest quarter the largest contributions to growth were Food & Drink (+6.1%) and Chemicals, Coke, Refined Petroleum Products & Nuclear Fuel (+11.1%), between them accounting for 3.3 percentage points of total growth.

Growth was also seen in Metals & Fabricated Metal Products (+7.5%), Engineering & Allied Industries (+0.8%) and Wood, Paper & Publishing (+3.4%). The volume of exports fell in Textiles, Fur & Leather (-8.2%) and Other Manufacturing (-0.2%).

On an annual basis to the end of the first quarter of 2011, growth was experienced in all sectors except for Engineering & Allied Industries. The largest contributors to annual growth were Metals & Fabricated Metal Products (+20.7%), Food, Drink & Tobacco (+2.2%), Other Manufacturing (+13.1%) and Wood, Paper, Publishing & Printing (+11.6%). The total volume of exports from Engineering & Allied Industries fell over the year (-2.2%) due to declines in Mechanical Engineering and Electrical & Instrument Engineering, but with growth in the Transport Equipment subsector.

IME2011Q1

Key Trends

During the first quarter of 2011, the volume of exports from the manufacturing sector in Scotland grew by 3.9 per cent (seasonally adjusted), following two quarters of negative growth in the second half of 2010. On an annual basis (4Q-on-4Q) the volume of exports grew by 2.2 per cent, rising from 1.6 per cent in the previous quarter.

The index of manufactured exports fell 13.3 per cent between 2008 Q2 and 2009 Q2. By the end of 2011 Q1 export volumes are estimated to have recovered by 6.3 per cent, but remain 7.7 per cent below their pre-recession level.