Heathrow exports boom in 2015
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The value of UK exports via Heathrow has increased 9.7% over a 12 month period as vaccines for medicine experience almost 100% growth and Chinese demand for UK products continues to grow.
New data has revealed over £7 billion worth of British exports travelled to China via Heathrow between August 2014 and July 2015, representing a 117% increase on the previous 12 months and over 15% of total UK export goods via Heathrow by value.
The research has been shared by Heathrow to celebrate British Export Week (9 – 13 November), and reveals that if Heathrow had unconstrained capacity, the value of Britain’s exports to China via the airport would overtake the USA as the biggest destination within two years. Asian nations already make up four of the top five UK export destinations by value.
Top 5 UK Export Destinations (by value via Heathrow)
* USA – £14 billion
* China – £7.6 billion
* Hong Kong – £4.5 billion
* United Arab Emirates – £4 billion
* India – £1.9 billion
Although vaccines for human medicine are the UK’s sixth most valuable export via Heathrow they have risen rising by 97% and 87% respectively over the previous two years –brought about by recent world health crises. As the biggest port in the UK by value of goods, Heathrow has played an important role in exports and recently announced a proposed a blueprint plan to develop cargo facilities and overhaul processes and people and grow UK cargo volumes. This will support the UKTI and Government’s drive to hit £1 trillion worth of UK exports by 2020.
To further celebrate Export Week, Heathrow has partnered with UK Trade and Investment and its Exporting is GREAT campaign to create a unique Export Café. The installation is on site at Heathrow Terminal 5 departures until Tuesday 17th November and showcases 25 of the UK’s best exports.
The café offers passengers the chance to learn more about the variety of exports that travel through Heathrow in the belly hold of commercial aircraft every day. It will also have a tasting menu comprised of produce exported through Heathrow, showcasing the best of UK food and drink that Britain shares with the world.
Commenting on the launch of the export research and the Heathrow Export Café, Emma Gilthorpe, Heathrow’s Strategy Director said: “At Heathrow we are delighted to support the UK government’s Exporting is GREAT campaign to help raise awareness of the benefits of exporting and support network that is in place to help businesses across Britain to reach dining tables and markets across the world.
“The true heroes of this campaign are the businesses who have gone beyond UK borders and opened new markets to the benefit of their local communities and the UK’s economy.”
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