Latest figures show that total UK exports grew at a rate of 3.0% and increased by £18.5 billion compared to the previous financial year.
The Office of National Statistics (ONS) revealed that this was a record-breaking year for UK exports. Despite the uncertain global economic outlook, UK exports have been growing for the past 36 consecutive months on an annual rolling basis.
Separate data published by the Organisation for Economic Co-operation (OECD) showed between 2016 and 2018, UK total exports grew at 13.8% faster than Germany (10.5%), France (10.1%) and Italy (11.4%).
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Email JaimeSecretary of State for International Trade, Dr Liam Fox, said, “UK exports continue to grow and beat records across Europe, these new numbers published today highlight the quality and innovation of British goods and services and how much they are valued across the globe.
“From exports of our Scotch Whisky to our world-class cars, consumers all over the world are demanding British goods at unprecedented levels.
“My international economic department is confident British businesses will continue to excel as we leave the EU and will offer its full support to businesses with the same ambition.”
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