New data from the Amazon UK Economic Impact Hub shows Amazon has invested more than £80 million across Northern Ireland since 2010.
The Amazon UK Economic Impact Hub provides new regional data – broken down by NUTS-1 and NUTS-2 statistical regions – on the jobs Amazon creates, the independent small business selling partners the company supports, and the economic activity sparked through Amazon’s investments.
The data shows not only how much Amazon has invested in Northern Ireland but also how this has helped the local economy.
The data suggests that Amazon’s investment has created a ripple effect through the economy as the firms that supply goods and services to Amazon expand and associated household spending increases.
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Keystone, an independent economics consultancy estimates, that Amazon’s investments led to the production of goods and services that contributed an estimated £90 million to the region’s GDP since 2010.
The data also showed that to date, Amazon has created more than 40 full and part-time jobs in Northern Ireland.
Amazon has around 1,000 small and medium-sized businesses from the region selling on Amazon as independent selling partners. The new figures shows that these small businesses selling on Amazon recorded more than £40 million of export sales in 2020.
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Speaking about the findings, UK county Manager at Amazon, John Boumphrey said: “Amazon is passionate about creating jobs, empowering SMEs and supporting the communities where we live and work. Our new Amazon UK Economic Impact Hub shows our ongoing commitment and contribution to Northern Ireland at a local level for the first time.”
Mr. Boumphrey also added: “The region has been a fantastic home for us for many years, and we are excited by the opportunity to continue to invest, invent and have a positive impact in the local community.”
More details about Amazon’s economic impact in the UK can be found on the amazon website.
Source: Written from press release.
