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Manufacturing & Supply Chain

Report shows UK’s strong position in global transport supply chain

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Report shows UK’s strong position in global transport supply chain

Report shows UK’s strong position in global transport supply chain
March 28
11:21 2022
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Innovate UK has published a report: ‘Global competitiveness: how does UK transport measure up?’ The report benchmarks the UK transport supply chain against the performance of leading nations in different sub-sectors of the transport sector.

The report focuses on 29 segments identified as strategically important and, or, high growth areas. The research will help policy makers to identify sector strengths to inform investment decisions.

Key findings

The key finding of the report is that, when adjusted for gross domestic product and population, the UK is in the top 10 across all segments. This indicates an overall strong position relative to its size.

It finds that the UK has:

  • strength across all areas of the transport supply chain analysed
  • considerable depth and breadth of capability in both traditional and emerging technology sectors.

It further demonstrates that the UK is well positioned to take advantage of upcoming opportunities in transport markets.

Data-driven decisions approach

Paul Gadd, Deputy Director, Land and Maritime Transport, Manufacturing and Materials at Innovate UK, said: “This significant review is part of Innovate UK’s data-driven decisions approach. We will use this data to inform our understanding of UK capability relative to other countries, alongside the UK Transport Vision 2050, published last year. The findings are available to other government-supported organisations to inform their decisions.”

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