CARIFORUM and UK EPA Study

The data presented in Figure 17 below, thus, suggests the activities in which the UK may hold some level of export comparative advantage, specifically across its homegrown services offerings, as well as those areas of greatest to lowest demand by its consumers for services supplied by foreign services providers.

i.

UK Sectoral Exports by Mode of Supply and Potential for Global Export Expansion

Figure 17: Proportion of UK’s Services supplied by Modes

Source: UK Office for National Statistics (ONS ). Notes: Modes 1, 2 and 4 are derived from a balance of payments basis, whereas Mode 3 is derived using Foreign Affiliates Trade Statistic (FATS) data.

The above experimental data in Figure 17, provided by the UK Office of National Statistics (ONS) for the year 2019, shows the distribution of the UK’s services exports across the four modes of

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