UK Trade with EU

(asked on 1st March 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty’s Government what are the UK's main exports to the EU, including both goods and services.


Answered by
 Portrait
Lord Maude of Horsham
This question was answered on 10th March 2016

This information is given in tables 1 and 2 below. The exports of services figures in Table 1 are sourced from the Office for National Statistics’ Pink Book 2015 release and are on a ‘Balance of Payments’ basis. Figures for exports of goods on the same basis are only available at a broad level of commodity aggregation (1 digit SITC level). Goods data at the level of detail required to answer this PQ are available from HM Revenue and Customs Overseas Trade Statistics database (Table 2) attached. These data are on a different (‘merchandise’) basis, hence not strictly comparable with the ONS data. Moreover, data for 2015 are not available for services.

Table 1

UK trade in services with the EU in 2014

Source: ONS Pink Book 2015

Top 10 UK exports of services to the EU in 2014

Type of service

Value (£million)

Financial

20,208

Other business services

18,329

Travel

12,075

Transportation

11,891

Telecoms, computer and information

7,517

Intellectual property

4,199

Insurance and pension

2,455

Construction

725

Personal, Cultural and Recreational

716

Government

524

Source: ONS Pink Book 2015 Note: Data for 2015 will be published by the ONS in July 2016

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