Welsh Trade Survey 2018 - 16/7/2020:

Sales

Businesses in Wales sold goods & services to the value of £72.1bn and £29.2bn respectively.
The EU (excl UK) accounted for 12% of all sales value & the rest of the world accounted for 8%.
30% of sales went to other parts of the UK.

1/

Purchases

Businesses in Wales purchased goods & services to the value of £53.4bn & £13.8bn respectively.
The EU (excluding UK) accounted for 13% of all purchase value and the rest of the world accounted for 5%.
51% of purchases were from other parts of the UK.

2/

What's interesting is that Welsh business sells 50% of its Goods/Services in Wales itself.

We, however, purchase 69% of Goods/Services from rUK, EU & RoW.

Collectively we need to purchase more goods & services in Wales itself & for that, we also need more Welsh offerings

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