Space Technology: Exports

(asked on 20th January 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment her Department has made of the value to the UK of space sector exports.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 27th January 2021

The UK Space Agency’s most recent estimates are that between 2016 and 2017, the UK Space sector’s exports amounted to £5.5 billion. In 2016/17, the industry directly contributed £5.7 billion of GVA (in current prices) to UK economic output – equivalent to 38% of space industry income and 0.29% of total UK GDP.

Looking ahead, the Department for International Trade is leading the development of a support plan in coordination with other government departments to enable more small and medium-sized space enterprises to export, and the sector to build back better from the impacts of Covid-19.

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