Here in the UK, we love a good climb up the world rankings and after Andy Murray lost his World Number 1 status in August, I think we're all in need of some good news, so without further ado…
According to statistics recently published by manufacturers' organisation EEF, the UK manufacturing sector is now the eighth largest in the world with an annual output totalling around £185 billion! Throughout this post we'll be celebrating the UK manufacturing sector's continued post-Brexit success, taking a closer look at the global manufacturing league table before discussing some key British manufacturing statistics. We'll also introduce Ceequel® Shop Floor Data Capture software for good measure!
We know that Britain currently sits eighth after leapfrogging France who occupy our previous position of ninth, one place above Mexico, but what about the rest of the global manufacturing league table? China retains its status as the world number one manufacturer with the USA and Japan in second and third respectively. Germany is the European powerhouse in fourth place, South Korea is fifth just above India in sixth, while seventh placed Italy is the only other European country producing more than the UK.
Right, that's quite enough about everyone else, let's delve a little deeper into British manufacturing, the sector which currently generates approximately 44% of all UK exports. Whilst we're on the topic of exports, the UK's top 5 single export markets are: the USA, Germany, France, Ireland and the Netherlands respectively; furthermore, the EU accounted for 48% of manufactured exports in quarter 2 of 2017! In terms of employment, over 2.6 million people are currently working within the manufacturing sector while average earnings have risen to £32,047, some £3,748 above the national economy average. The North West is the UK's largest manufacturing region producing output totals worth in excess of £24 billion.
World Class Shop Floor Data Capture Solutions for World Class Manufacturers!
Developed by industry-leading Time and Attendance systems provider ELF Productivity, Ceequel® Shop Floor Data Capture is an intelligent, feature-rich solution that has set countless manufacturing organisations throughout the UK on the road to continuous improvement. For more information, please contact ELF Productivity.
Alternatively, if you would like to learn more about the unrivalled functionality of Ceequel® Software Suite, including our flagship Time and Attendance offering; a range of downloadable brochures can be found here.