Exports from Great Britain to India, on goods and services have increased by 31.8% this year, until March 2018. According to commercial data published the previous week.
Countries outside the European Union (EU), such as India, were the main destination for services in the United Kingdom at 167,400 million pounds, accounting for 60.4 percent of all services exports, according to the figures from the Office of National Statistics (ONS) published yesterday.
For the year ending March this year, the ONS data shows that exports of UK goods and services registered at 7.3 per cent hike to GBP 620.2 billion.
“Far from the negative forecasts after the EU referendum, there is every reason to be optimistic Our trade deficit narrowed and UK business is delivering for Britain and succeeding on the world stage As an international economic department we are banging the drum for the growing demand for our goods and services, “he said.
The figures will bring some relief for Brexit-bound UK, which is keen to strike trade deals with countries outside the EU.
June 30, 2018