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Increase in
exports over the final quarter of 2005.
Many Scottish companies are in a position to compete
in the global economic environment.
Scottish
manufactured exports estimates for the final quarter of 2005 were published
today by the Scottish Executive.
Commenting on the figures, Deputy Enterprise Minister Allan Wilson said:
“I am encouraged to see an increase in exports over the final quarter of
2005 – the second consecutive quarter of growth. I recognise, however, that
the performance over the year is less positive.
“For this quarter, it is important to recognise the positive performance of
both the chemicals (+7.8 per cent) and electronics (+2.5 per cent) sectors.
These sectors together account for 44 per cent of total manufactured
exports.
“Looking at the position over the past year, the total decline in
manufactured exports continues to be heavily influenced by the performance
of the electronics sector. This sector continues to be Scotland’s main
exporter, and despite the positive performance over the quarter there was a
decline of 11.5 per cent over the year.
“This has had a considerable effect on the overall performance of our total
manufactured exports. Outside the electronics sector, today’s figures show
an increase in export sales over the year of 3.5 per cent.
“The positive achievement by Scottish exporters over the quarter highlights
that many Scottish companies are in a position to compete in the global
economic environment. This latest data also suggests that exporters are
experiencing positive trading conditions and I would hope that this recent
growth continues on into 2006.”
NOTE:
1. The Statistics Publication Notice Scottish Manufactured Exports Estimates
for the Final Quarter of 2005 was issued today. Scottish manufactured export
sales increased by 1.9 per cent in real terms in 2005 Q4, though for 2005 as
a whole, there was a decline of 1.8 per cent.
2. These can be found at
www.scotland.gov.uk/exports
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