Britain is on track in the race to £1tn in exports | Letter

Minister for exports Andrew Bowie responds to a report saying the UK will reach its 1tn target 15 years late

Re your report (UK will be 15 years late in hitting 1tn annual export target, figures show, 22 January), we already knew that exports were previously forecast to hit 1tn by 2035 when we launched our export strategy. Indeed, that is precisely why we launched it - to speed up our race to a trillion", with an ambitious goal to hit that target by 2030.

The Office for Budget Responsibility's projection of 739bn of exports for 2022, used in your article, is already out of date. In the year to November, total exports of goods and services reached 741bn. The total for the whole year is likely to be around 800bn.