Cambridgeshire exports far exceeding the rest of the country

Picture: Keith Harris

An increase in exports by Cambridgeshire companies is far exceeding the national average, according to figures released today by Cambridgeshire Chambers of Commerce and the Office for National Statistics.

Trade figures published today show that UK exports in the three months to November 2013 were 1.5 per cent higher than in the same three months of 2012. In Cambridgeshire, the Chamber recorded a staggering 10 per cent increase in the value of export documentation it processed during the same period.

John Bridge, chief executive of Cambridgeshire Chambers, said: “We have known for some time that our members are increasing their export activity and that is starting to reflect in the quarterly figures, but a 10 per cent increase is something Cambridgeshire businesses should be very proud to have achieved.

“Today’s figures from the ONS also show that in the three months to November 2013 UK exports to China increased 9.6 per cent to £3.3 billion, and that trend has certainly been reflected here in Cambridgeshire. Collectively our members exported the highest value of goods to China than any other country in each of the three months to November 2013.

“Indeed in November we processed export documentation to the value of over £11.7million – the next largest export market was Egypt at £3.8million.

“There is no mistaking that the Chinese marketplace offers great opportunities for our region’s exporters, and with the support of training programmes such as our own Foundation Award in International Trade and the assistance available from UKTI, companies are already experiencing the financial rewards.”

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