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Explained in plain English

How do exports help?

Exports, like the £50 billion from UK aerospace and defence, bring money into the country. This boosts the economy, creates jobs, and allows businesses to invest more in research and development. It also strengthens the UK's position in global markets, making us more competitive.

Stories that explain this

UK aerospace and defence added £46.8bn to economy last year

Questions this opens up

Who buys UK exports? What is a trade surplus? How do exports create jobs?

Related explainers

How do skills boost exports? Why do countries trade? How defence spending affects you What is 'economic contribution'? Global defence spending trends Jobs in aerospace and defence What is a skilled workforce? UK's global aerospace standing

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