5.4 Trade specilisation
Why is it significant?
How does the UK perform?
For the last 20 years, the UK has experienced an upward trend in the share of exports in knowledge based goods.Twenty per cent of all its exports being accounted for by knowledge based goods (Chart 5.4.1)
UK’s performance in terms of knowledge based services is equally impressive
with over 50% of UK exports in the service sector being classified as knowledge
intensive, higher than for any of our major competitors (Chart
Last updated on 20 November 2003