International Trade in Services, 2014

29 Jan 2016 03:28 PM

Main points

• Total UK exports of services (excluding travel, transport and banking) in current prices continued to rise, increasing from £117,193 million in 2013 to £119,703 million in 2014, an increase of 2.1%.
• Total UK exports of services to Europe witnessed the largest increase in 2014, rising from £57,150 million in 2013 to £58,711 million, an increase of 2.7%. Exports to the Netherlands contributed most towards the increase.
• The professional, scientific and technical industrial grouping was the largest in terms of UK service exports in 2014.
• Total UK imports of services (excluding travel, transport and banking) in current prices increased by 2.0%, rising from £53,387 million in 2013 to £54,455 million in 2014.
• Imports of services to the UK from Germany showed the largest growth within Europe rising from £4,736 million in 2013 to £5,287 million in 2014.
• The information and communication services industrial grouping was the largest in terms of UK services imports in 2014.

Get all the tables for this publication in the data section of this publication.