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Small Businesses: Exports

Department for International Trade written question – answered on 22nd October 2019.

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Photo of Lloyd Russell-Moyle Lloyd Russell-Moyle Labour/Co-operative, Brighton, Kemptown

To ask the Secretary of State for International Trade, what proportion of investments made by the UK Export Finance are provided to small and medium-sized enterprises.

Photo of Graham Stuart Graham Stuart Parliamentary Under-Secretary (Department for International Trade)

13% of the value of the support provided by UK Export Finance for UK exports in the 2018/19 financial year was provided to small and medium-sized enterprises (SMEs) and 79% of the businesses UKEF supported in this financial year were SMEs.

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