UK artists Coldplay, Dua Lipa and The Beatles brought the British music industry £519.7m overseas last year, marking the highest ever overseas sales.
There was a 6% increase in export revenues as a result of the "explosive growth of music streaming," the BPI, a record label association, told the BBC.
10% of songs streamed globally were from the UK, with 300 British artists getting over a 100 million streams.
Don't Start Now by Dua Lipa was the biggest British track of 2020.
It was streamed 1.62 billion times, with Lipa's 2020 album Future Nostalgia reaching 10th best-seller of the year. Future Nostalgia won a Brit Award this year.
Fine Line by Harry Styles reached 5th best-selling album in the world last year.
These were, however, the only British artists on the top-ten list, with BTS ranking number one, and the rest of artists coming from North America, particularly the Us, such as Billie Eilish and Taylor Swift.
The BPI still confirmed that Britain was nevertheless the biggest exporter of music globally after the US despite the fact that it suffering a decrease in their share of the global market from 17% in 2015 to 10% in 2020.
This could change this year, with artists Adele, Ed Sheeran, and Coldplay all working on new albums.
Classic acts like The Beatles, Queen, The Rolling Stones and Pink Floyd also helped sustain streaming figures.