Record month for South West exporters, despite shrinking economy

Published by

Nicky Godding

Business West processed a record number of export documents in July, which it says demonstrates the strength and resilience of South West businesses, despite the gloomy national economic outlook.

On average, Business West certified 125 European Certificates of Origin a day during July. European Certificates of Origin are used by exporters to prove the origin of their goods, their weight and country of destination. Business West is one of 53 accredited Chambers in the UK authorised to certify Certificates of Origin on behalf of exporters.

In addition to the nearly 2,300 plus Certificates of Origin certified in the month of July, Business West also issued over 150 ATA Carnetsin the same period. Carnets are known as a 'passport for goods’, meaning that performers and salespeople can transport their goods and equipment across borders temporarily without paying import duties and taxes.

News of a bumper period for South West exporters comes as the UK suffers its first fall in GDP in six and a half years. Between April and June the economy shrank 0.2%. Another quarter of negative growth would tip the UK into its first recession since the financial crisis.

Phil Smith, Managing Director at Business West said: “Despite the UK economy teetering on the edge of a recession, South West businesses keep on trading with the world. This is reflected by that fact that our 19-strong export documentation team processed more export documents in the last 30 days than ever before.

“As the largest Chamber in the UK, not only are we one of the UKs leading providers of export document, we are also a bellwether for the economic health of this region.”

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.