Trade in Goods (Value)

Recent trends in the value of exports of goods from the North East region

HM Revenue & Customs (HMRC) produces quarterly statistics on the value of exports and imports of goods. The release includes information about commodities being exported, which will be summarised on a separate Data Hub page. It also has data about where goods have been exported to, which will also be charted elsewhere on the Data Hub. The data is broken down by English region and UK nation so no quarterly LEP or local authority level data is available. The North East region includes the North East and Tees Valley LEP area. The latest release covers the first quarter (Q1) of 2021. 

In the North East region, the value of exports of goods in Q1 of 2021 was £3.15 billion. 

  • This was about £70 million lower than in the same quarter a year earlier
  • it was also £380 million lower than in the previous quarter (Q4 of 2020)
  • however, the latest total was, respectively, about £1.20 billion and £200 million higher than in Q2 and Q3 of 2020, which were both impacted by Covid-19.

Prior to 2020, the value of exports in the North East region had been increasing at a lower rate than in England as a whole.  

  • The North East value of exports in Q4 of 2019 had been only 6.4% higher than the value in 2014
  • the England value had been almost 25% higher
  • the North East's slow rate of growth in this period was slightly higher than that of the broader Northern Powerhouse area (+5.4%).

Comparing the value of exports in Q1 of 2021 with the average quarterly value in 2019 provides an indication of changes in the period that Covid-19 impacted on the world's economy and the UK left the EU:

  • The latest quarterly value of the North East region's exports of goods was 5% lower than during 2019
  • this was among the smallest percentage decreases, slightly larger than in the East and North West (both 3% lower)
  • nationally the latest quarterly value was 15% lower than in 2019, with the East Midlands and London having the largest percentage decreases.

Quarterly data can be volatile as there can be one-off high value exports that disguise long-term trends. Aggregating data from four quarters removes some of the volatility. The relative value of exports from differently sized regions can be measured by taking account of the working age population. In the latest four quarter period (April 2020 to March 2021):

  • The value of exports from the North East region was equivalent to almost £7,000 per working age resident
  • this was the second highest regional rate, slightly lower than the East of England (just over £7,100)
  • the North East rate was almost £1,000 per working age resident more than the England equivalent 
  • the other two regions in the Northern Powerhouse area were among the three in England with the lowest rates.

Comparing the value of exports in April 2020 to March 2021 with that in the previous four quarter period:

  • The latest value of North East exports was almost 11% lower than in April 2019 to March 2020
  • all regions experienced a decrease, with the North East having the third smallest
  • in England as whole, the value of exports had decreased by almost 15%

Exports of goods (value £m), North East region, quarterly from 2014

Last updated:
13/07/2021
Published by:
North East LEP

Source: Regional Trade Data (UK Tradeinfo / HMRC, last updated 7 July 2021)

Data information: Based on the nine English regions. The North East region contains the North East and Tees Valley LEP area. 


Exports of goods index (2014 value = 100), North East region and comparisons, quarterly

Last updated:
14/07/2021
Published by:
North East LEP

Source: Regional Trade Data (UK Tradeinfo / HMRC, last updated 7 July 2021). North East LEP calculations.

Data information: Based on English regional data. The North East region contains the North East and Tees Valley LEP area. The Northern Powerhouse is a combination of three regions: North East, North West and Yorkshire and the Humber. The base for the index is the quarterly average for 2014.


Exports of goods, quarterly, % change on 2019 4Q average, English regions

Last updated:
02/08/2021
Published by:
North East LEP

Source: Regional Trade Data (UK Tradeinfo / HMRC, last updated 7 July 2021). North East LEP analysis

Data information: Based on English regional data. The North East region contains the North East and Tees Valley LEP area. The Northern Powerhouse is a combination of three regions: North East, North West and Yorkshire and the Humber. 


Exports of goods, 4Q data, value per working age resident, English regions

Last updated:
14/07/2021
Published by:
North East LEP

Source: Regional Trade Data (UK Tradeinfo / HMRC, last updated 7 July 2021). North East LEP calculations using ONS mid year population estimates.

Data information: Based on English regional data. The North East region contains the North East and Tees Valley LEP area. The Northern Powerhouse is a combination of three regions: North East, North West and Yorkshire and the Humber. 


Exports of goods, 4Q, % change in value on previous 4Q period, English regions

Last updated:
02/08/2021
Published by:
North East LEP

Source: Regional Trade Data (UK Tradeinfo / HMRC, last updated 7 July 2021). 

Data information: Based on English regional data. The North East region contains the North East and Tees Valley LEP area. The Northern Powerhouse is a combination of three regions: North East, North West and Yorkshire and the Humber.