Exports
Business, Innovation and Skills
Daniel Kawczynski (Shrewsbury and Atcham, Conservative)
To ask the Secretary of State for Business, Innovation and Skills what the value of British exports was in (a) 2009-10, (b) 2010-11 and (c) 2011-12; and what estimate he has made of the value of such exports in 2012-13.
Mark Prisk (Minister of State (Business and Enterprise), Business, Innovation and Skills; Hertford and Stortford, Conservative)
Figures for the UK's exports of goods and services (in current prices) by financial year are shown in the following table:
| £ billion | |
| 2009-10 | 401 |
| 2010-11 | 457 |
| 2011-12(1) | 490 |
| (1) Based on actual figures for Q2-4 2011 and OBR estimates for Q1 2012 Source: ONS Monthly Review of External Trade Statistics OBR Economic and Fiscal Outlook March 2012 | |
The Office for Budget Responsibility (OBR) has estimated that the UK's exports of goods and services in 2012-13 will amount to £515 billion.