Exporting News

Learn the latest exporting news and expert advice from our team of consultants. From advice on starting trading on the international stage to how to identify profitable markets, as well as the key exporting news you need to know about, we’ll be posting the content you need to read right here. 

British manufacturers brexit exporting

Drop in sales for British exporters as Brexit uncertainty goes on

UK manufacturers are feeling the effects of a prolonged Brexit process as sales and orders drop into the negative, despite growth in the number of individual firms selling overseas. The British Chamber’s Quarterly International Trade Survey for Q3 2019 found that the percentage balance of manufacturers exporting internationally reporting order increases dropped from 9% to

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Number of exporting manufacturers on the rise

Number of exporting manufacturers on the rise

The number of manufacturing companies in the UK who are exporting goods has increased to the highest levels in over a decade.  Despite global trade difficulties, including within the EU, the Lloyds Bank UK International Trade Index has reported that over 81% of manufacturers exported goods in Q3 this year, up on Q2. That includes

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Brexit benefits for UK companies

Business Secretary gives 5 Brexit benefits for UK companies

The December election campaign is well underway in the UK with the two main parties set to pitch their financial agendas for the country today.  Triggered and still dominated by Brexit, the campaigns will also focus on some of the big areas that have had little discussion time in the last three and a half

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Boost in non-EU trade for UK firms

Boost in non-EU trade for UK firms

New data from the Office for National Statistics has highlighted increased demand for British goods outside of the EU in the run-up to October 31st, predominantly with the US and China.  Trade with non-EU countries is currently growing twice as fast as with EU member states, with data showing a 4.2% increase in exports to

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red tape brexit

No-deal red tape bill could cost £15bn

The cost of additional red tape and paperwork at the border in the event of a no-deal Brexit could reach as much as £15bn according to a new Government paper.  Filling in customs forms for trade between the UK and European Union would be just the tip of an iceberg of a ‘significant new and

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Recession fears in Germany as factory sales slump continues

Recession fears in Germany as factory sales slump continues

The slump affecting the German manufacturing sector has continued this year with new figures from Destatis revealing a 6.7% year-on-year sales drop compared to August 2018, marking nearly two years of continuous decline.  Factory orders dropped 0.6% compared to July, twice the shrinkage predicted by economists, albeit an improved performance on the previous month’s 2.1%

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brexit

Post-referendum investment drop costs UK economy £20bn

A drop in business investments since the EU referendum three years ago has cost the UK economy £20bn, according to new research.  Findings published in the National Bureau of Economic Research has found that Brexit has resulted in a 11% drop in investment whilst also claiming that productivity has taken a 5% hit as a

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Oil export costs surge as countries bolster stockpiles

Oil export costs surge as countries bolster stockpiles

Increased demand for tankers to ferry oil to Asia from the Gulf Coast has seen shipping prices skyrocket.  Less than a month following the drone attack on Saudi facilities at Abqaiq and Khurais which halved oil output from the region, prices had begun to settle somewhat. However, increased shipping costs are keeping prices high.  The

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New online tool launched for exporters to report barriers to trade

New online tool launched for exporters to report barriers to trade

The government has launched a new online tool to help identify barriers for UK exporting businesses.  The aim of the platform is to help the government’s own trade experts spot potential legal, regulatory, labelling, licensing or any other unnecessary barriers to trade which can then be worked on with countries around the world.  Once a

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£10 million Brexit readiness boost for UK businesses

£10 million Brexit readiness boost for UK businesses

Brexit is once again supposedly just weeks away. Whether it’s the new Prime Minister’s insistence that the UK will depart the European Union with or without the deal on 31st October, or the fact that Brexit Day now somewhat fittingly falls on Halloween, it could be that the months of uncertainty for businesses will be

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Brexit uncertainty blamed for slowest hiring rate in three years

Brexit uncertainty blamed for slowest hiring rate in three years

The number of permanent staff hired by UK companies has dropped at the quickest rate in more than three years.  Research by the Recruitment & Employment Confederation, alongside a report from KPMG, has uncovered that the number of full-time recruits fell for six consecutive months to August, suggesting that ‘many firms [are] delaying hiring decisions

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exporting meat after Brexit (1)

‘Not all businesses will be able to meet the new Export Health Certificate requirements’ after Brexit

The Department of Agriculture has suggested it expects the pattern of trade to change following Brexit and warned that ‘not all exports can comply with new post-Brexit rules’.  Businesses exporting agri-food products into the EU which are not member states will require an Export Health Certificate – an official document which carries an authorised signature

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CBI releases 200 actions firms and government should take in preparation for no-deal Brexit, warning ‘no one is ready’

The CBI has launched a report with some 200 recommendations and actions for businesses and governments to take as the likelihood of no-deal Brexit increases.  The report, titled ‘What comes next?’, unveils a detailed analysis of advice for its members and the wider business community, covering everything from the movement and regulations of goods to

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UK exporters step-up Brexit preparations as AEO applications surge

UK businesses are stepping up Brexit preparations and looking to prove their exporting credentials as the number of AEO applications surge.  Authorised Economic Operator (AEO) status shows that a businesses role within international supply chains as being secure – compliant and up-to-speed with customs controls and procedures.  UK firms have lagged far behind in AEO

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Brexit agreement

500 new Brexit laws passed in H1 2019

The pace of the government’s legislative preparations for Brexit has surged in the first half of this year with four times as many Brexit-related bills passed compared to H2 2018.  Thomson Reuters reported that 488 legislative pieces were passed from January to June, compared to 112 in the latter stages of last year.  The first

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ireland brexit exporting

Concern for Irish exporters as sterling drops on rising no-deal fears

Irish exporters to the UK are facing a ‘severe threat’ as sterling hit a two-year low.  With the arrival of new Prime Minister, Boris Johnson and a more steadfast approach to 31st October as Brexit day, the pound saw its value slide with the possibility of no-deal becoming increasingly likely.  Marry that with comments from

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