Posted: 11 Nov 2019 Resource Type: Research Report Download Back Exports from UK financial services and insurance firms soared to a record high of £82bn last year, up from £78bn in 2017, according to new data published in the ONS Pink Book. The UK’s financial services and insurance trade balance also increased from £61bn to £63bn in 2018. And these figures also show that financial services is a major driver of the UK economy – this is by far the largest trade surplus of any other UK service industry. The success of UK financial services and insurance firms in exporting across the globe plays a vital role in balancing the UK's trade deficit and helps to support jobs around the country. The UK’s success as an international financial centre depends on remaining open to trade and investment from around the world. Through sharing and developing our financial services expertise, the UK can continue to build and strengthen trade and investment links across 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 Suggested reading News The UK's trade in financial services factsheet Mar 2020 - The UK is the world's largest net exporter of financial services, providing services and expertise to markets globally. This fact sheet based on Office of National Statistics Pink Book data examines the key markets for the UK finance sector. The UK's trade in financial services factsheet News Asset management factsheet Mar 2020 - The UK is one of the top global centres for asset management, with £9.1tn of assets under management. Asset management factsheet News Infrastructure finance factsheet Mar 2020 - 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 factsheet News Banking and capital markets factsheet Mar 2020 - An established centre, the UK is truly the world's most global hub for banking. From capital markets and retail and investment banking through to the fast moving fintech sector that is reshaping the banking of the future. Banking and capital markets factsheet