Wednesday, 23 November 2011

Manchester firms punching below their weight in the export markets says report

A report out today from Manchester's New Economy highlights how many firms in Greater Manchester make a significant proportion of their income from export sales.

Over £7bn worth of goods and services being sold in total from the region but the report also suggests that Greater Manchester firms are punching below their weight on the international stage

They export less in value terms than the city regions of Leeds and Birmingham,although more than Merseyside and the Bristol city region.

The findings show that due to the region’s size there is clearly scope to increase connectivity and further open Greater Manchester’s economy to foreign trade and investment opportunities.

In the current economic climate says the report Manchester needs to take advantage of growth opportunities internationally through exports more than ever.

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