Posted: 6 Jul 2022 Resource Type: Research Report Download Back Exports from UK professional services amounted to £39.1bn in 2020 and generated £25.5bn of trade surplus. This marked an increase of £3bn from 2019 – up from £22.5bn – despite the backdrop of a challenging year. Professional services continues to be a key contributor to the UK economy, exporting over 3 times the worth of professional services than it imported, and accounting for nearly one-fifth of the entire UK services trade surplus. Combined with financial services, UK financial and professional services generated a joint surplus of £89.2bn in 2020 – just over two-thirds of the entire UK services surplus. At the end of 2020, foreign direct investment (FDI) stock held in UK professional services was valued at £65.1bn – a 49% increase since 2017. Through sharing and developing our professional services expertise, the UK can continue to build and strengthen trade and investment links across the world. £25.5bn trade surplus in 2020 The UK’s success as an international financial and professional services centre depends on remaining open to trade and investment from around the world. Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Case Study Aquis | revolutionising capital markets for growing businesses Sep 2024 - We spoke to Alasdair Haynes, founder of Aquis Exchange PLC about the steps they have taken to redefine how young businesses raise capital, scale up, and succeed in public markets. Aquis | revolutionising capital markets for growing businesses Case Study Aon | helping companies combat growing cyber risks Sep 2024 - We spoke to Chris Scott, Head of Cyber Solutions UK at Aon, about how the firm is advising clients against growing cyber risks. Aon | helping companies combat growing cyber risks Research Report UK RegTech | Success Stories Aug 2024 - Showcasing the benefits of RegTech by presenting successful examples of RegTech implementation which have helped UK firms to cut compliance costs, be more efficient, and save time and resources. UK RegTech | Success Stories Thought Piece How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Jul 2024 - How the UK's expertise in sustainable finance and global infrastructure financing can help accelerate Saudi Arabia on its path to a sustainable future. How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future