Crawley MP Henry Smith has welcomed the latest figures which show that since 2011, service exports in the UK have risen by over £64 billion; an increase of over 33 per cent.
In 2011, the total value of service exports was £189.9 billion in the United Kingdom; by 2016, service exports rose to £254 billion. Over this period, the south east of England saw a £9.331 billion increase in exports of services, up by 31 per cent to £39.266 billion in 2016.
The figures are the latest confirmation that the UK remains a great exporting nation, with exports in goods and services helping to create more, better-paying jobs across the country.
The Government’s Export Strategy will continue to build on these successes. This ambitious new plan will help to boost British exports to 35 per cent of GDP, so that British businesses can lead the way in creating jobs, raising wages and growing our economy.
“These figures show Crawley, West Sussex and the whole of the south east is open for business, and that the excellent services provided by businesses across the area are in demand across the world.
“Through the modern Industrial Strategy, we’ll continue to back businesses to create good jobs in every part of the country.
“It’s great to see that so many businesses in the south east are exporting. The Export Strategy will support more companies to export so that they can grow, are more productive and can create more, better-paid jobs.
“These results show we’re in a position of strength as we begin to forge a new role for ourselves in the world – creating a UK trade policy so that we can build a country that works for everyone.”
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