-
£0.8bn
GVA
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£7.2bn
Exports
-
3,015
Employment
-
610
Businesses
Top three chemical sub-sectors in London
By Business number:
- Manufacture of perfumes and toilet preparation
- Manufacture of pharmaceutical preparations
- Manufacture of other chemical products
By Employment:
- Manufacture of perfumes and toilet preparation
- Manufacture of pharmaceutical preparations
- Manufacture of basic pharmaceutical preparations
GVA
This region is responsible for 2.5% of all gross value added by the national chemical industry.
Within London the chemical industry is responsible for 0.2% of gross value added from all industries but 8.7% of all manufacturing industries.
Exports
This region’s export make up 12.2% of all chemical exports
Chemicals are 18.5% of all exports from the region and are exported in similar quantities to EU and non-EU countries (54-46).
Over 63% of all chemical exported from London are classified as medicinal or pharmaceutical preparations.
Exports from London are inflated because many companies have headquarters in London (especially multinationals). For this reason whilst exports are really high the value added to national economy is relatively low as not many chemicals are actually produced within London, despite there being some laboratories in Greater London.
Employment
2.2% of all chemical and pharmaceutical employment is in London, with 1000 people working in the manufacturing of perfumes and toilet preparations, 500 in the manufacturing of pharmaceutical preparations, and 350 in the manufacturing of basic pharmaceutical preparations.
Our industry makes up for 2.6% of all manufacturing employment in the region.
The biggest manufacturing employers are food products manufacturing, fabricated metal products, and manufacture of furniture.