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Tuesday, 25th August 2015

UK: An Analysis of London's Exports

Source: GLA Economics (UK)

From Executive Summary:

In 2013, London’s total exports were estimated to be around £139.9 billion, around a £64.7 billion increase from a decade earlier. Service exports accounted for around 77 per cent of the total (worth around £107.3 billion), around double the value in 2003. Goods exports grew significantly slower over the period with around £32.6 billion worth of goods exported in 2013, a 40 per cent increase compared to 2003.

London’s service exports accounted for over half of the UK’s total service exports, whilst London’s goods exports made up only 11 per cent of the UK total.

In terms of services, Monetary finance was the largest service export sector with exports worth around £24.9 billion in 2013, compared to around £10.6 billion in 2003.

Miscellaneous manufactured articles (including, for example, clothing, toys and games, works of art and antiques) was the largest goods export product by value increasing by 85 per cent (equivalent to around £5.2 billion) between 2003 and 2013 with exports totalling £11.4 billion in 2013.

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »

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