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Global demand for UK goods & services continues to grow.

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Despite the concerns shown over Brexit, UK exports grew faster to India (up 19.3%), Japan (7.9%), China (4.6%), and Canada (4.2%), than to the EU (3.6%) in 2018.
UK exports continue to rise, increasing by 2.7% to 634.1bn in 2018.
Share of UK exports to the EU over the past 10 years has declined by nearly 5 percentage points to 45.6% in 2018.
Data released today (29th March) by the ONS will give UK exporters a significant boost, as the latest figures confirm demand for UK goods and services is growing across the globe, with exports to India increasing at the fastest rate amongst the UK’s top non-EU trading partners.

Figures released today show the export of goods and services to non-EU trading partners in 2018 reached a high of £345.1bn, demonstrating the growing appetite for British produce outside of the EU.

The latest figures show an increase in the share of exports going to the UK’s top 3 non-EU trading partners, USA, China and Switzerland, increasing from 21.3% in 2000 to 25.4% in 2018. Contrastingly, the share of UK exports to the EU has decreased significantly from 54% to 45.6% over the same period.

Eurostat data also shows the UK was one of only two EU member states to export more goods to non-EU countries than within the EU in 2018, demonstrating the UK’s increasing popularity in markets beyond the union.