Highlights

Balance of Payments: Trade in Goods & Services: Total balance: CP SA £m

£ -10,808 m

2017 Q4

Release date:
22 February 2018

Next release:
29 March 2018
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International trade in services, UK: 2016

What's in the bulletin?

  • Total UK exports of services (excluding travel, transport and banking) showed record growth in 2016, rising from £123.2 billion in 2015 to £142.7 billion in 2016, an increase of 15.8%.
  • Total UK imports of services (excluding travel, transport and banking) also showed record growth in 2016 and rose by £10.2 billion to a total of £68.7 billion, an increase of 17.5%.
  • The information and communication sector showed the largest growth in 2016 for both UK exports and imports of services in 2016, rising by £6.5 billion and £5.1 billion respectively.
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