ONS figures paint a more complex picture:
Some highlights:
UK export growth has become increasingly dominated by services since 2010, with goods exports increasing by just 7% in real terms, compared with services exports growing by 63% over the same period.
Most goods commodities have seen falls in exports but rises in imports since 2010; in contrast, most service types have seen an increase in both exports and imports.
Most goods commodities have seen falling exports to EU countries and increased exports to non-EU countries; however, most service types have seen higher exports to both the EU and non-EU countries.
And we sort of see that last point reflected in the article itself:
Global food export volumes increased by nearly 6% in 2024 compared with a year earlier, the FDF found, as the UK began to see the benefits of free trade agreements. In the first full year after the UK-Australia trade deal came into force, the value of UK exports to Australia increased by 9% to £429.5m in 2024.
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