Creative Industries: Focus on Exports of Services

Product Description

This report provides estimates of the value of services exported by the UK Creative Industries for 2009 to 2014. It complements the GVA estimates published in January 2016 and the employment estimates for the Creative Industries published alongside this report.

Key Findings:

• The value of services exported by the UK Creative Industries in 2014 was £19.8bn, an increase of 10.9 per cent from 2013.
• Exports of services from the Creative Industries accounted for 9.0 per cent of total exports of services from the UK in 2014.
• In 2014, exports of services from the ‘IT, software and computer services’ was responsible for the largest proportion of service exports from the Creative Industries (44.6 per cent).
• Exports of services from the ‘Film, TV, video, radio and photography’ industry were the second largest proportion in 2014 (accounting for 23.8 per cent).
• ‘Publishing’ had the greatest percentage increase between 2013 and 2014, increasing by 62.8 per cent to £2.1bn.
• Europe was the continent in receipt of the majority of exports of services from the UK Creative Industries in 2014, with 57.3 per cent of the total exports of services by UK Creative Industries (£11.4bn).
• The USA was the market of interest in receipt of the greatest proportion of exports of services from the UK Creative Industries in 2014, with 25.3 per cent of the total exports of services by UK Creative Industries (£5.0bn).