EXPORTS & IMPORTS

UK EXPORTS BY CATEGORY 2023

The value of the UK's total export in Goods and Services for 2023 was  £861,234m .  Services have now overtaken goods as the larger export category in 2023 (54/46 split vs 49/51 in 2022), driven mainly by growth in Financial (£91,835m) and Other business (£174,242m).

UK Exports by Service/Product Category 2023
Category £m %
Services
Manufacturing on physical inputs owned by others 5,271 0.6%
Maintenance and repair 5,119 0.6%
Transport 31,032 3.6%
Travel 59,025 6.9%
Construction 3,919 0.5%
Insurance and pension services 28,507 3.3%
Financial 91,835 10.7%
Intellectual property 22,099 2.6%
Telecommunication, computer and information services 38,622 4.5%
Other business 174,242 20.2%
Personal, cultural and recreational services 5,568 0.6%
Government 2,479 0.3%
Total Services 467,718 54.3%
Goods
Food, beverages and tobacco 29,104 3.4%
Basic materials 9,648 1.1%
Oil
  – Crude oil 20,312 2.4%
  – Oil products 13,077 1.5%
Total oil 33,389 3.9%
Coal, gas and electricity 4,795 0.6%
Semi-manufactured goods
  – Chemicals 59,888 7.0%
  – Precious stones and silver 4,061 0.5%
  – Other 30,787 3.6%
Total semi-manufactured goods 94,736 11.0%
Finished manufactured goods
  – Motor cars 34,810 4.0%
  – Other consumer goods 23,995 2.8%
  – Intermediate goods 69,655 8.1%
  – Capital goods 58,226 6.8%
  – Ships and aircraft 15,279 1.8%
Total finished manufactured goods 201,965 23.5%
Not Classified 19,879 2.3%
Total Goods 393,516 45.7%
Total Goods and Services 861,234 100.0%

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REFERENCES & FOOTNOTES