This article was published before we became the Chartered Institute of Export & International Trade on 10 July 2024, and this is reflected in references to our old brand and name. For more information about us becoming Chartered, visit our dedicated webpage on the change here.

Creative Industry workers with laptop and camera

The UK’s position as a leader in the creative industries is being put at risk by government complacency, according to a new report from the House of Lords’ digital and communications committee (published Tuesday, 17 January).

More than one in eight UK businesses are part of the creative industries, according to 2019 research by the Department for Culture, Media and Sport.

Meanwhile, a UN report last year on the creative industries claimed the sector is one of the world’s fastest-growing areas, contributing jobs and income to the global economy, as well as boosting innovation and well-being in society.

In its report, the committee points to the growing role of the creative industries in international trade:

“Global exports of creative services rose from £400bn in 2010 to over £900bn in 2020, while goods exports totalled £430bn in 2020. Countries across the world are seeking to capture a greater proportion of these opportunities.”

Value of creativity

Marco Forgione, director general of the Institute of Export & International Trade (IOE&IT), says it is important to recognise the value of this sector:

“The creative industries are a critical part of the UK economy. They not only bring the hard benefits of jobs and wealth, but also are a crucial element of the UK’s soft power on the global stage.”

IOE&IT is delighted to be working closely this year with EVCOM, a creative industries membership association for corporate live events and film making. 

Creative exports

Forgione confirms IOE&IT is also keen to build stronger relations with the creative industries and is playing its part in helping to boost exports in the sector. 

“We’re partnering with EVCOM, a creative industries membership association for corporate live events and film making and have been in discussions about providing access to our expertise for its members working or selling overseas. IOE&IT members can attend its annual conference at the discounted membership rate.”

EVCOMference takes place on 2 February at ExCel, London and will see industry leaders, experts and newcomers gather for a programme of keynote speeches, workshops and discussions.

This year’s conference is focused on the business of creativity, combining the creative and business sides of the industry.

Tickets are available here while more information can be found at the event website.