Textiles, fur & leather manufactured export sales down in Q1
07 Jul '06
2 min read
The Scottish Executive reported that Scottish manufactured export sales grew by 1.0 per cent in real terms in 2006 Q1 but decreased by 0.5 per cent over the year to 2006 Q1, according to estimates published today by the Scottish Executive.
The main findings are: • Scottish manufactured export sales grew by 1.0 per cent in real terms in 2006 Q1 but decreased by 0.5 per cent over the year to 2006 Q1.
• Over the quarter, the main industry driving the growth in manufactured export sales was other manufacturing with a quarterly increase of 11.1 per cent, followed by drink (+2.3 percent), and chemicals (+3.0 percent).
The industries showing a decline in real terms were wood, paper and publishing (-11.4 percent), electrical and instrument engineering (-1.2 percent) and metals (-1.5 percent). All other industries grew over the quarter.
• Over the year, electrical and instrument engineering was the main industry contributing to the decline in manufactured export sales with an annual fall of 6.7 per cent. Also contributing to the annual decline, but to a lesser extent, were chemicals (-7.2 percent), food and tobacco (-8.6 percent) and textiles, fur and leather (-4.3 percent).
The main industry showing growth in manufactured export sales in real terms over the year was mechanical engineering, with an annual rise of 18.1 per cent. All other industries grew over the year.
• Excluding the electrical and instrument engineering industry, manufactured exports rose by 2.0 per cent in 2006 Q1 and increased by 2.7 per cent over the year to 2006 Q1.
• Since 2000 Q4 (the last peak), the level of manufactured export sales has fallen by 35.2 per cent in real terms. This represents an average quarterly decline of 2.0 per cent.
• The fall in total manufactured exports has been largely driven by the decline in the electrical and instrument engineering sector, which has fallen by 65.8 percent since 2000 Q4.