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 Thought Piece The UK: leading the way in impact investing Jan 2025 - Amid challenges from climate change to social inequality, the UK has emerged as a global leader in impact investing, transforming how capital is used to create a fairer, greener future. The UK: leading the way in impact investing Research Report Exporting financial services to the world Dec 2024 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world Thought Piece COP29’s financial focus shows private capital remains key to reaching net zero Dec 2024 - COP29 made it clearer than ever: the private sector must play a crucial role if we are to meet the Paris Agreement’s goals. Chris Hayward, Policy Chairman, explains why the time for bold, decisive action is now—or risk falling behind. COP29’s financial focus shows private capital remains key to reaching net zero Research Report Expanding into the UK | a guide for international financial services firms Nov 2024 - This guide is intended to help non-UK firms understand the UK financial services regime and gives practical guidance about how they can do business in the UK. Expanding into the UK | a guide for international financial services firms