ONS data revealed exports of goods and services to non-EU trading partners in 2018 reached a high of £345.1 billion, demonstrating a growing appetite for British produce outside of the EU.
Exports to India increased at the fastest rate amongst the UK’s top non-EU trading partners.
The latest figures show growth 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.
According to the findings, the USA remains the UK’s top destination for exports, increasing by 3.9% to 118.2bn in 2018.
Secretary of State for International Trade, Dr Liam Fox, said, “Even with an increasingly challenging global economic outlook, these latest figures show demand for UK exports across the globe continues to grow and there is clear appetite for British products all around the world. Now more than ever is the time for UK businesses to be exploring opportunities overseas.
“My international economic department is focused on growing exports and boosting the UK economy through our Export Strategy, and putting the UK at the heart of the world’s fastest growing markets through an independent trade policy.”
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