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SCC: SCOTTISH MANUFACTURING CAN WEATHER THE STORM
[ 01-04-2009 ]
Commenting on today’s Scottish Manufactured Export figures, published by the Scottish Government, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“The sharp drop in our manufactured exports at the end of last year is disappointing though not unexpected, given the global nature of the economic downturn. It is clear that falling demand in overseas markets is impacting on international sales even against a background of generally favourable exchange rates for Scottish exporters.
“Scotland’s high propensity to export was one of the factors which helped insulate us from the worst of the effects of the downturn in the early 1990s, but it is clear that against a more widespread international picture of low business and consumer demand, things are more challenging for Scottish businesses this time around.
“Broadening the internationalisation of our firms remains a key objective as we look forward to the economic recovery ahead, and the Scottish Government have done well to boost the reach of the Scottish Manufacturing Advisory Service as we look to build towards this goal.”
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