The UK’s digital tech sector has been going from strength-to-strength with exports of goods and services in 2016 worth £55bn 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 £130.5bn 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 within the sector.
Latest HMRC regional statistics also show that all goods exports from the South East increased by 4.84% from £45.4bn for the year ending March 2018, to £47.7bn 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.
“DIT have a network of expert International Trade Advisers on hand to help more South East tech businesses respond to this demand and navigate the entire exporting process. Many businesses have already benefited from the service that we offer, and we aim to inspire many more to explore new markets overseas.”