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Non-response bias occurs where the answers of respondents may have differed from the potential answers of non-responders. For 2008, FTV figures were collected via a separate survey and data were published in the The ITIS survey is just one component of trade in services (TIS) estimates. To aid comparison, the standard error is also expressed as a percentage of the total value. Both of these types of analyses are preceded by geographical analysis of imports and exports of total international trade in services.The industry analysis allows us to estimate the total international transactions in services for well-defined areas of the economy.


Total UK exports of services (excluding travel, transport and banking) showed record growth in 2016, rising from £123.2 billion in 2015 to £142.7 billion in 2016, an increase of 15.8%.Total UK imports of services (excluding travel, transport and banking) also showed record growth in 2016 and rose by £10.2 billion to a total of £68.7 billion, an increase of 17.4%.The information and communication sector showed the largest growth in 2016 for both UK exports and imports of services in 2016, rising by £6.5 billion and £5.1 billion respectively.The European Union was the geographic area that saw the largest increases in total UK exports and imports of services with rises of £9.2 billion and £5.0 billion respectively in 2016.UK exports of financial services products made the largest contribution to the rise in 2016 increasing from £14.9 billion in 2015 to £18.4 billion. We are a team of highly experienced international trade specialists. Both of these types of analyses are preceded by geographical analysis of imports and exports of total international trade in services.The industry analysis allows us to estimate the total international transactions in services for well-defined areas of the economy. It also tells us the exporting or importing country in relation to the UK./businessindustryandtrade/internationaltrade/bulletins/internationaltradeinservices/2017 UK exports of “financial services” increased from £14,896 million in 2015 to £18,415 million in 2016, an increase of 23.6%. Data from 2009 in this publication have been published in Geographical: Both industry and product information are analysed geographically. The increase was driven by imports from the USA, rising by £2,935 million in 2017 to £19,669 million (Figure 3).All values are at current prices (see the Quality and methodology section for a definition).Geographical groupings can be found in the Quality and methodology section.The professional, scientific and technical activities (£44,956 million in 2017) and information and communication (£42,681 million in 2017) industries continued to be the dominant industries responsible for exporting services outside of the UK (Figure 4). UK exports of services reached a peak of £162,141 million in 2017 having risen by £19,484 million from 2016, an increase of 13.7% (Figure 2).

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