A targeted sample of 8,000 businesses in Wales have been invited by Welsh Government to participate in the second Trade Survey for Wales.
Jonathan Price, Welsh Government’s Chief Economist, said:
“It is important that those invited participate; this is the only survey that focuses on trade activity in Wales, and feeds in directly into our trade policy and business support evidence base. As a result of our initial Trade Survey for Wales; we have been able to calculate the value of trade between Wales and the rest of the UK for the first time. This data is enabling us to produce more accurate and complete international trade statistics for Wales. Thank you to the 1000+ businesses who participated last year to make this possible”.
With the economic landscape shifting faster than ever before, we know businesses are facing unprecedented challenges. Although this is a difficult time for everyone, this second trade survey will help us understand any key changes in trade patterns of businesses based, or operating sites, in Wales for the 2019 calendar year.
The results, expected by Spring 2021, will enable Welsh Government to build a more robust pre-COVID and pre-EU Exit assessment of trade in Wales. This information will feed into the evidence for decisions affecting the UK Internal Market, and help us make a stronger case for the Welsh economy when we feed into scoping arrangements for new free trade negotiations led by the UK Government.
If you have received a letter, please take part and complete the survey - your participation could influence decisions that may affect key aspects of your industry and the entire Welsh economy.
For further information please take a look at the Trade Survey for Wales guidance on the Welsh Government website.