The UK’s trade deficit with China has more than trebled over the last year. Data from the Department for International Trade shows that the UK imported £40.5bn more from China than it exported to the country up to June 2021 – a 240% rise in just 12 months. The surge has been caused by UK
Analysis commissioned by The Independent has discovered that the combined benefit of all the new trade deals signed in the wake of Brexit ‘barely scratch the surface’ compared to the economic damage caused by leaving the EU. The boost from new deals, notably those with Australia and New Zealand, amounts to just 0.01-0.02 of GDP
Season’s greetings everyone! Thank you for following Go Exporting in 2021 and for all your support. We hope you have found our content useful for your export journey this year. Look out for more interesting articles, tips and export guides next year. To all our clients, thank you for your valued custom this year. It
One of the biggest changes for UK firms trading with the EU since Brexit has been Rules of Origin. In order for firms to claim zero duty, they must be able to prove that goods are predominantly of UK or EU origin. These are complex rules, and something that we created a detailed guide and
A new poll has found that UK firms are starting to get to grips with new rules since Brexit, but are wary of potential additional changes to come. Conducted by the Institute of Export & International Trade, the poll found that 70% of respondents are confident trading with the EU, albeit only 10% said they
The UK has seen its global international trade activity fall since Brexit, despite aims to become ‘global Britain’. Data from the Bank of England shows how trade flows, imports plus exports, as a percentage of GDP has fallen for the UK, whilst they have continued to rise for EU main countries including Germany, France and
This month we partnered with Prodigo to deliver a specialist webinar exploring the export potential of Switzerland. Often overlooked as a viable opportunity, the webinar examines the current business dynamics in the country, current trade relations with the UK, opportunities for British companies and how to approach potential Swiss partners. Watch the webinar in full
Welcome to the final Expert Exporter Newsletter of 2021. Hard to believe it’s nearly the end of the year! What an eventful 12 months it has been, with Covid and Brexit impacting on business. Yet the world still spins, and some prosper, making the most of new opportunities, whilst others struggle to come to terms
At last! A voice for independent international trade & customs experts! Launched this month is a new Society of Independent International Trade And Customs Experts – SIITACE. This represents a new, fresh approach to looking after the interests and values of this vital independent sector. Specifically offering real help to the International Trade Community through
Earlier this month we joined Deloitte on a panel discussion with Enterprise Nation. Part of Enterprise Nation’s new international trade hub, the panel discussed what’s changed for businesses in the 10 months since the end of the Brexit transition period, what support SMEs need in particular and what’s to come in 2022. Learn more about