The UK’s world-leading digital tech sector has been going from strength to strength with exports of goods and services in 2016 worth £55 billion up 17.3% since the previous year.
UK tech exports to key overseas markets continue to boom with £10.3bn in exports to the USA, £2.1bn to Switzerland and £2.1bn to the Gulf states. The UK digital sector accounts for nearly a quarter of all UK exports and contributed £130.5 billion to the UK economy in 2017.
The South East continues to dominate the industry alongside London, producing world class technology and cutting-edge innovation, cementing the UK’s reputation as a world leader in tech. Companies across the region are seeing an increased global appetite for their quality products and experiencing export success with support and advice from the Department for International Trade (DIT).
DIT’s South East Export Champions, a network of businesses chosen to be ambassadors of exporting, are also helping the regions tech companies by sharing success stories, offering practical advice and leading by example.
Latest HMRC regional statistics also show that all goods exports from the South East increased by 4.84% from £45.4 billion for the year ending March 2018, to £47.7 billion for the year ending March 2019.
Ben Raby, Head of Region – South East at DIT said: “We are so proud that the South East continues to innovate cutting-edge technology making the region a national leader in the tech sector. The UK is already seeing an increase for its world-leading tech as pioneering companies across the country power ahead in the global trade race.”