Demand from the US was the Strongest Driver of UK Export Growth in the 12 Months to April 2019
Demand from the US was the strongest driver of UK export growth in the 12 months to April 2019, new Office of National Statistics (ONS) figures showed today (10 June) as UK exports reached a record high of £645.8 billion.
In yet another sign of the special relationship following the US State Visit last week, goods exports to the USA were worth £57.6 billion, over £20 billion more than Germany, our second largest single export market for goods.
Overall, British goods exports to the world over the past year increased by £16 billion. The US was by far the largest contributor of any single country to this increase, with British exports to our closest trading partner increasing by £6.1 billion and, therefore, accounting for over a third of the total increase in value of British goods exports (38.4%).
In terms of both goods and services, in 2018, the USA was by far the UKs biggest export market. The UK was the USA’s largest European export market.
Read Full News Story » UK-USA Special Relationship Helps Drive British Exports to Record Heights
