Posted: 21 Mar 2022 Resource Type: Research Report Download Back Exports from UK financial services firms amounted to £82.4bn in 2020 and generated £63.7bn of trade surplus, according to the most recent data published in the ONS Pink Book. This marks an increase of £1.6bn – up from £62.1bn in 2019 – despite the backdrop of a challenging year. Financial services trade continues to be a major driver of the UK economy and is by far the largest trade surplus of any other UK service industry. Exporting over four times the worth of financial services than it imported, UK financial services accounted for almost 50% of the UK’s entire services trade surplus. At the end of 2020, foreign direct investment (FDI) stock held in UK financial services was valued at £588bn, accounting for 30% of all FDI stock in the UK. Through sharing and developing our financial services expertise, the UK can continue to build and strengthen trade and investment links across the world. £63.7bn trade surplus in 2020 The UK’s success as an international financial centre depends on remaining open to trade and investment from around the world. Share: Share to LinkedIn LinkedIn Share to Twitter Twitter Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Case Study Northcoders | creating the coders of the future Jun 2022 - We spoke to Chris Hill, Founder and CEO at Northcoders, about the importance of digital skills in the workplace and how the company's recent stock market listing is helping it to grow. Northcoders | creating the coders of the future Download Infrastructure finance downloadable factsheet Jun 2022 - The UK’s mature and diverse financial ecosystem makes it the ideal hub for complex infrastructure financing capability - drawing together investors, financiers, advisors and the supporting services Infrastructure finance downloadable factsheet Download Sustainable and green finance - downloadable factsheet Jun 2022 - The UK is at the forefront of developing and internationalising the green finance solutions that will help countries worldwide to meet their climate commitments. Sustainable and green finance - downloadable factsheet Download Insurance in the UK - downloadable factsheet Jun 2022 - With global reach and unmatched specialist expertise and deep capital pools, the UK allows virtually any activity in any location to be insured. Insurance in the UK - downloadable factsheet