Posted: 18 Nov 2021 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 new 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. £63.7bn trade surplus in 2020 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. 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 Ship Shape: a search engine for the venture capital sector Dec 2021 - Ship Shape is a search engine for the venture capital sector, helping to find the right individuals at venture capital firms with interest in specific ideas, in seconds rather than months. Ship Shape: a search engine for the venture capital sector Case Study BeZero Carbon: helping businesses transition to net zero Dec 2021 - BeZero Carbon is a London-based climate solutions company offering net zero consulting for businesses with the aim of helping market participants make smarter decisions and accelerate the transition to net zero BeZero Carbon: helping businesses transition to net zero Research Report Innovating Insurance Dec 2021 - Powering the fintech revolution – Innovating insurance highlights how technological innovation is being adopted to improve existing insurance models and is helping transform the insurance sector. Innovating Insurance Case Study Flock: a digital insurance company for connected and autonomous vehicles Nov 2021 - Flock is one of the world's fastest growing drone insurers and is rapidly expanding into the fleet vehicle insurance market. Flock: a digital insurance company for connected and autonomous vehicles