There has been a dramatic increase in worldwide exports from Cambridgeshire in the past month.
Exports from the county’s companies exceeded £47 million in June – almost double the value of the same month the previous year. The annual increase of over £23 million is in part due to companies increasing their presence in the Chinese market. Some £19 million of the £47 million total was destined for China, up £18.2 million based on the same time last year due to four separate shipments valued at between £2.1 million and £5.7 million each.
Figures show that in the last month Turkey’s export market was worth £8.5 million and Egypt exports were worth £5.4 million.
John Bridge OBE DL, chief executive of Cambridgeshire Chambers of Commerce, said: “In spite of the nonsense currently emanating from the country’s politicians, it’s clear that at least the business community is maintaining its focus on creating the wealth necessary to secure our country’s future success.
“This extraordinary increase in export activity is excellent news for the local economy and will, we hope, inspire others to continue to press into new markets.
“It is essential that businesses stay positive and focused on creating the certainty in their minds that they can continue to perform. The one thing we can be certain of currently is that that attitude is fundamental to future wealth creation.”