British recorded music exports rose 20% to surpass £700m for the first time last year, according to new figures from the BPI.

In 2022, the trade body says the value of U.K. music sales and streams overseas hit £709m—up more than £100m on 2021.

The figure is the highest annual exports level since 2000, when the BPI began collecting the data. The U.K.’s performance was buoyed by global streaming hits from Harry Styles, Glass Animals, Elton John & Dua Lipa and Ed Sheeran.

There was a double-digit percentage increase in physical and digital download sales, streams and other consumption of British music in every region globally last year. This was led by emerging music markets, including the Middle East (+59%), Africa (+48%) and Latin America (+38%).

In the U.S., revenue rose 28% year-on-year, which was partially enhanced by the strong value of the dollar against the pound. The biggest percentage growth occurred in India with a 130% year-on-year increase in revenue.

BPI Chief Strategy Officer and Interim Chief Executive, Sophie Jones, welcomed “the exceptional achievement in the face of unprecedented competition” on the global stage.

The figures, she said, “put us on course to reach our goal of £1b in annual U.K. music exports by the end of the decade, but for this growth to continue the U.K. needs to remain a supportive environment for investment in music, and policy makers should continue to work with industry to maximize the overseas potential of U.K. music.”