Tees Valley Economy
A rich industrial heritage means that much of Tees Valley’s economy is made up of business and industry. However, whilst the industrial sites continue to be a major contributor to the area, more recent times have also seen an increase in the number of businesses in the digital, healthcare, logistics and automotive industries.
- Since 2011 over £2 billion has been in invested here by businesses across all of our key sectors
- The five boroughs within Tees Valley contribute over £10 billion to the UK economy each year
- On average, the number of new Tees Valley businesses registered at Companies House increases by 300 each month
- North East exports increased by 6.7% to £12.5 billion in the last financial year