Overview of UK Manufacturing Industry

OVERVIEW OF UK MANUFACTURING INDUSTRY The UK is the world's 11th largest manufacturing nation, playing a leading part in the £6.7tr global manufacturing industry Below are Key Manufacturing Statistics UK manufacturing employs 2.6 million people. UK manufacturing makes up 11% of UK GVA. 11% 54% of UK exports come from manufacturing. The value of goods exports to non-EU countries Doubled between 2003 and 2013. EXPORT 54% 2003 2013 Year The UK is the world's Second Largest aerospace manufacturer. The chemical and pharmaceutical industries add £20 million per day to theUK trade balance. £20 million/day Manufacturing productivity has increased by 40% over the past decade. 40% Average starting salaries for engineering graduates are over 10% higher than other graduates. 10% 72% of UK Research & Development is funded by the manufacturing industry. 72% 67% of UK manufacturing companies are investing in reducing their carbon footprints. 67% Designed & Developed In Public Interest By PGT CEEWRITE WORLD CLASS PRECISION source: https://hvm.catapult.org.uk/about-us/why- hvm-catapult/facts-and-figures/ www.pgtceewrite.com Value of Goods Exports