Our latest 'Exporting from across Britain 2023’ report reveals that financial and related professional services exports from across Britain grew by 3.1% in the year to 2021 (latest available data). Industry exports reached £134.7bn – approximately £25 in every £100 of exports income in Great Britain. Nearly half (47%) of that contribution originated outside London, with the South East, Scotland, the North West making the largest export contributions at 10.7%, 6.8%, and 6.6% respectively.
According to the latest data, the majority (78%) of British financial and related professional services exports went to non-EU countries, while the EU accounted for the remaining 22%. The US was by far the largest destination, accounting for 34%, with other leading destinations including Luxembourg (6%), Ireland (5%), France and Germany (4% each) and Canada (3.4%).
Overall, the UK is the world’s second largest exporter of financial services, after the US.
Click the 'Download the full report' button to find out more.
Use the map below to find out more about financial services exports, imports and trade surplus by region and nation:
Note: Figures have been rounded to the nearest hundred millions pounds.
