Posted: 15 Feb 2021 Resource Type: Research Report Download Back Exports from UK financial services and insurance firms amounted to £79bn in 2019 and generated £59bn of trade surplus, according to new data published in the ONS Pink Book. 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, accounting for close to 60% of UK’s services trade surplus. 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. At the end of 2019, foreign direct investment (FDI) stock in UK’s financial services was valued at £433bn, accounting for 28% 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. 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 Research Report The Kalifa review of UK fintech Feb 2021 - Through a five-point plan that spans policy and regulation, skills, investment, national connectivity and international competitiveness, the Kalifa Review sets out a clear strategy to ensure that the UK can capitalise upon the opportunities fintech presents to create quality jobs and level up the country, increase financial inclusion and play a key part of “Global Britain”. The Kalifa review of UK fintech Download The UK's fintech sector - downloadable factsheet Feb 2021 - Fintech is reshaping the future of finance, driven by customer demand and technical innovation and the UK is leading the way, with one of the most forward looking financial and professional services sectors, and a huge market opportunity. The UK's fintech sector - downloadable factsheet Research Report An ecosystem enabling international trade Feb 2021 - This report demonstrates how the UK’s Financial and Professional Services (FPS) ecosystem supports internationally exporting firms. An ecosystem enabling international trade Multimedia Our global offer to business: launch event Jan 2021 - This event explores the opportunities and challenges that the UK will need to address - from Brexit, to the role of innovation and the growth of green and sustainable finance. Our global offer to business: launch event