After leaving the EU, the UK will also be able to use its newly independent trade policy to further our trading ties with key overseas markets.This follows the Education Secretary’s speech at the Education World Forum on Monday (21 January), welcoming education ministers from across the globe to work with the UK as a world-leader in the education sector.The statistics out today show an increase in education-related equipment, including digital technology, building on the Education Secretary’s call yesterday (23 January) for the tech industry and education sector to make smarter use of technology to reduce teachers’ workload at the Bett Show in London.Education has long been one of the UK’s most attractive offers for export, with English being the language of business and a central global language. "It is literally the sandwich shops, the bike shops, the taxi firms; it is the night clubs, it's the bookshops. We look forward to producing a refreshed International Education Strategy this year and working with the sector to grow even faster in global markets.The figures for education-related exports include tuition fees and living expenditure of EU and non-EU students, research and other contracts, as well as products and services such as through qualification awarding bodies and education-related equipment including educational technology.International higher education students make a significant contribution to the UK and our world-class HE sector, both economically and culturally.

The impressive 22% increase in the international education sector’s economic value comes on the heels of another major growth milestone: in 2017, the number of foreign students enrolled in Australia grew by 13% over the year before, reaching a high of 624,000. They outperformed some major Russell Group universities, including the universities of Manchester, Exeter and Birmingham as well as the London School of Economics.There are currently 12,240 collaborative research projects between universities and businesses, including 368 in the arts and humanities, and 6,260 in engineering. It will take only 2 minutes to fill in. Its confluence with business provides commercial value to innovation, while academic instruction and skills training help individuals and organizations to have the tools to succeed in a knowledge-based economy. Oxford Economics (2018) found that the negative net fiscal contribution of non-EEA migrants was primarily due to higher spending on education of children, since non-EEA migrants are currently more likely to have dependent children than the UK born. As universities ponder their economic future, we highlight some interesting facts to show how lucrative the higher education sector is to the UK economy. It finds that the UK higher education (HE) sector contributed an output of over £73 billion and more than 750,000 full-time jobs in 2011 to 2012. The latest figures show that education generated almost £20bn for the UK in 2016 through exports such as international students and English language training.Britain’s education sector remains one of its most lucrative international assets with new figures revealing today that its exports overseas generate almost £20bn for the UK economy (24 January).International exports adding a significant contribution to the economy include:The figures are a welcome reminder of the strength of the sector and the UK’s exports as it prepares to leave the EU, and plans are being put in place to strengthen post-Brexit Britain’s international exports even further through a new International Education Strategy, which will be launched in 2019. "Without international students, some of the local companies might go bust. In 2015/16, there were over 438,000 international Higher Education (HE) students at UK HE institutions out of a total of 2.3 million, representing over 19 per cent of all ... students.1 6. The higher education sector has a wide-ranging, proven influence on the economy.

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