- Exports
- The following is an extract from International Trade questions on 15 December 2022.
- According to a recent report by the Social Market Foundation, while world goods exports were 7.9% higher by mid-2022 than they were at the end of 2019, the UK’s goods exports were 21% lower. “Could do better” would be a kind end-of-term report. Will the Minister now commit to a recommendation from the Institute of Directors to monitor and publish the impact of Government assistance from the Department’s teams—both overseas and UK-based —to assess their effectiveness and inform improvements so that all businesses get the best possible support for their exporting needs?
- This Department and, in fact, this entire Government are committed to growing our exports. We are going to export our way to growth and, in the 12 months to December 2022, trade was worth £748 billion.[Official Report, 15 December 2022, Vol. 724, c. 1216.]Letter of correction from the Under-Secretary of State for International Trade, the hon. Member for West Aberdeenshire and Kincardine (Andrew Bowie).An error has been identified in my response to the hon. Member for Llanelli (Dame Nia Griffith).The correct response should have been:
- This Department and, in fact, this entire Government are committed to growing our exports. We are going to export our way to growth and, in the 12 months to October 2022, exports were worth £758 billion.