IME Analysed by Industry Sectors (seasonally adjusted)
In the latest quarter the largest contribution to growth was from the Engineering and Allied Industries sector (+2.2%), with growth in all three sub-sectors. There was also a significant contribution to growth from the Food and Drink sector (+1.5%), where continued growth in exports of drink (+2.0%) outweighed a fall in food products (-3.5%). Growth was also seen in the Textiles, Leather and Clothing sector (+7.4%).
The most significant fall in exports was from the Chemicals, Refined Petroleum and Nuclear Fuel sector (-3.8%). Exports of Metals and Fabricated Metal Products fell 10.9%, which reversed the growth of 11.2% seen in the previous quarter. There were also falls in the Other Manufacturing sector (-6.8%) and Wood, Pulp, Paper, Publishing and Printing (-1.6%).
2011 Annual Results
The total volume of manufactured export sales from Scotland grew 4.8%, in real terms, in 2011 compared to 2010, with growth in most sectors and sub-sectors.
During 2011 as a whole the largest contribution to growth was from the Food and Drink sector (+8.4%), with strong growth in the volumes of both drink (+8.6%) and food (+6.8%) exports. Export volumes from the Chemicals, Refined Petroleum & Nuclear Fuel sector increased 8.0% during 2011, driven by strong growth in the first half of the year. Exports from the Textiles, Clothing & Leather sector grew 19.4% during 2011, also making a significant contribution to the total figure and returning to pre-recession levels.
There was annual growth of 1.4% in the Engineering & Allied Industries. The largest contributor to this was the Transport Equipment sub-sector (+7.9%), which has seen export volumes return to pre-recession levels. Exports from the Mechanical Engineering sub-sector grew 2.3%, while there was a fall of 0.7% from the Electrical and Instrument Engineering sub-sector.