Trade in Goods (Value)

Overall exports

Exports from the North East region in Q4 of 2023 were valued at £3,552 million. This was a decrease of 6.8% on the previous quarter but a 3.3% increase on the same quarter a year earlier.

In the latest four quarter period the value of goods exported per working age person from the North East region was £8,276. This was higher than the value for England and England excluding London.
 

Regional comparisons

The North East was one of three English regions that experienced an increase in the value of goods exports compared to the fourth quarter last year. The North East saw an increase while the Northern Powerhouse, England excluding London, and England all saw decreases.

The exports index for the North East diverged from the Northern Powerhouse index over the course of 2021, but the North East was starting to return to near the Northern Powerhouse level. 
 

Data source

The data on this page is from HM Revenue and Customs (HMRC). The regional data is released on a quarterly basis. The North East region contains both the North East and Tees Valley LEP areas.

HMRC also releases data on commodities and markets which can be found elsewhere on the Evidence Hub. Data from the ONS trade in services release is also available.