Entrepreneurship, Innovation, Growth

The UK is the sixth largest trader in the world, and the third

largest exporter of services. (2010)

Total Trade Total Exports Goods trade Goods Exports Services Trade

Services Exports

USA USA USA China USA USA

China China China USA Germany Germany

Germany Germany Germany Germany UK UK

Japan Japan Japan Japan China China

France Netherlands France Netherlands Japan France

UK France Netherlands France France Japan

Netherlands UK UK S. Korea India Spain

Italy S. Korea Italy Italy Netherlands Singapore

S. Korea Italy S. Korea Belgium Singapore Netherlands

Hong Kong Hong Kong Hong Kong UK Spain India

Balance of trade

Growth

UK Market Share of Exports to Key Markets

South Africa 6.8% France 5.9% USA 4.6% Germany 4.5%

Egypt 4.0% Turkey 3.0% Russia 2.9% Singapore 3.3%

India 2.7% Hong Kong 2.3% Brazil 1.8% Japan 1.5%

Malaysia 1.5% S. Korea 1.2% Thailand 1.1% Colombia 1.0%

China 0.9% Indonesia 0.7% Mexico 0.6%

The opportunity

West Midlands Export Growth

West Midlands Exports (ex EU)

So what next?

• Engage new companies• Broader reach into new markets• Deepen penetration• Support for companies