The latest report from the Department of Culture Media and Sport shows that of 12,089 export licence applications for 51,606 works of art from May 2012 to April 2013, just 28 cases were referred to the Export Reviewing Committee by experts.
Three were withdrawn from consideration, 19 (including one case from 2012-13) met at least one of the Waverley Criteria but were withdrawn before being referred to the Secretary of State for a potential export ban, and three did not meet any of the Waverley Criteria.
Of the remainder, one was granted an export licence after it was found not to have been in the country for the past 50 years, and another three are still under consideration.
A total of 33,842 items worth a combined £1.66bn were issued with export licences after being referred to an expert, while a further 13,284 items valued at a combined £8.85bn were issued with export licences after they were found not have been in the country for the past 50 years.
Another 4480 items, totalling £2.61bn in value, were issued with an EU licence as they were deemed to be below the value threshold for consideration, were owned by a museum or gallery holding an Open Individual Export Licence or met other criteria that qualified them for exclusion from consideration.
Of the 19 items that were deferred from export, six were acquired by UK individuals or institutions. Together they were valued at £11.2m.