Trade in Goods

Trends in the value of exports from the North East region, including commodity and market information and comparisons with imports

International trade
Download as a PDF

Introduction

The key source of information about regional trade in goods is a quarterly statistical release from HMRC. It provides detailed information about the value of exports and imports of goods from and to the 12 ITL1 areas within the UK. The North East ITL1 area includes the North East and Tees Valley Mayoral Combined Authority areas.

Almost 10% of the total value of UK exports is unallocated to a specific region. Therefore, national comparisons in this report are with the England total, which is a sum of the regional subtotals.

The release includes information about the values of exports and imports by commodity and about the markets and sources of the goods across the world. Some of the quarterly trends are complicated by one-off, high value trading, so HMRC presents a lot of the information as four quarter totals in the release.

Even four quarter totals for individual markets and commodities show volatility over time, so the charts on this page include some aggregations of both. For further analysis, the HMRC site includes a tool that allows users to produce a customised regional trade data table.

The latest release included trade up to and including the fourth quarter of 2024 and was released in March 2025. The next release will include the first information about trade in goods in 2025 and is due to be published in June.


North East goods exports

£13.7 bn

Four quarter total value

Q1-Q4 2024
5.4% of England's total.
Q4 2024 total: £3.2 bn.

£8,200

Rate per working age resident

third highest among the
nine English regions.
England rate: £7,000.

+1.1%

Change in latest year

highest among the
nine English regions.
England change: -4.5%.

+4.0%

Change over five years

third lowest among the
nine English regions.
England change: +2.6%.


Commodities

£7.1 bn

Machinery & transport equipment

52% of North East total.
Q1-Q4 2024,
down 9% in latest year,
road vehicles: £3.5 bn,
power generating machinery: £1.1 bn.

£3.0 bn

Chemicals & related products

22% of North East total.
Q1-Q4 2024,
up 7% in latest year,
medicinal & pharmaceutical: £0.9 bn,
organic & inorganic chemicals: £0.8 bn.

£2.2 bn

Goods classified by material

16% of North East total.
Q1-Q4 2024,
up 33% in latest year,
non-ferrous metal goods: £1.1 bn.

2014-24

High growth commodities

Non-ferrous metal goods: +£0.6 bn,
medicinal & pharmaceutical: +£0.5 bn,
power generating machinery: +£0.4 bn,
general industrial machinery: +£0.3 bn.


Markets

£7.3 bn

EU nations

53% of North East total.
Q1-Q4 2024,
down 7% in latest year,
Netherlands £1.2 bn,
Germany £1.1 bn.

£2.1 bn

United States

15% of North East total.
Q1-Q4 2024,
highest total of any nation,
up 22% in latest year.

£0.6 bn

China and Hong Kong

4.5% of North East total.
Q1-Q4 2024,
highest non-Europe total
excluding United States,
up 46% in latest year.

2014-24

High growth markets

United States: +£0.80 bn,
France: +£0.22 bn,
Poland: +£0.17 bn,
Italy: +£0.16 bn.


Goods imports

£15.4 bn

Four quarter total import value

Q1-Q4 2024,
0.2% lower than a year earlier,
5.3% higher than five years earlier.

-£1.7 bn

Deficit (export value less import value)

9% lower than a year earlier,
50% lower than two years earlier,
most recent surplus in 2015.

39%

Machinery and transport equipment

% of value of North East goods imports,
manufactured goods classified
by material: 17%,
chemicals & related: also 17%.

52%

From EU nations

25% from Asian nations,
including 12% from China
and 7% from Japan.


Market focus: USA

£2.11 bn

Goods exports to the USA

From the North East region (2024).
22% higher than in 2023,
74% higher than in 2019.
£0.52 bn in latest quarter.

£0.82 bn

Machinery & transport equipment

North East to USA (2024 value)
39% of North East to USA total,
3.5% of England to USA machinery total.
Power generating machinery £0.25 bn.

£0.78 bn

Chemicals & related products

North East to USA (2024 value)
37% of North East to USA total,
9.6% of England to USA chemicals total.
Medicinal & pharmaceutical £0.47 bn.

£0.93 bn

Goods imports from the USA

To the North East region (2024).
33% machinery & transport equipment,
27% chemicals & related products
23% crude materials (inedible).


Further analysis

The evidence hub includes an international trade source page which links to data reports about all aspects of this topic. The quarterly national release is available on the HMRC website alongside a interactive tool for custonising trade data downloads.

North East trade in services

The evidence hub report of the latest official regional estimates of trade in services.

North East exporters and importers

The evidence hub page showing the latest official regional estimates of the number of businesses that are exporters or importers.

International trade hub home page

The landing page within the evidence hub that contains links to data reports and other information about international trade and investment.

Regional Trade data releases

The section of the HMRC website which includes data and commentary on the UK's international trade in goods at summary and product level, by UK regions and devolved administrations.

Build a regional trade data table

A section of the HMRC website where users can create their own customised regional custom trade data table.