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.
Over 5,000 UK companies paused exporting plans in 2016 as a result of the Brexit referendum result. That’s according to research released last month by academics at Cambridge, whose report also suggested that nearly 4,000 companies actively stopped exporting over uncertainty surrounding future trade rules and border taxes. Academics Meredith Crowley, Oliver Exton and Lu
The UK’s global exports reached a record £616bn last year with both goods and services seeing marked growth. Exports to non-EU countries in 2017 were valued a £342bn, 55% of total export value, with £274bn in EU exports. Good exports soared 13% to £339bn over the year, whilst services increased 7% to £277bn. Interestingly, key
Dragons’ Den presenter and economist Evan Davis says nobody really knows what direction business after Brexit will go and many are still waiting to see what Brexit actually means. In a radio interview with New Zealand-based NewstalkZB, Davis spoke extensively on Britain’s business uncertainty post-Brexit. The famed presenter and host of predominantly startup and SME
The EU and Japan have signed a mammoth free trade deal, creating the world’s biggest economic area, and the biggest trade agreement either has ever committed to. The deal covers a 3rd of the world’s GDP and will act as a timely counterweight to Trump’s tariffs on trade into the US which included 25% tariffs
New research has suggested that British businesses are more optimistic about trading with the EU than last year, despite recent stumbling blocks surrounding Brexit. The survey, conducted annually by OFX, found that 62% of 500 business owners felt confident about doing business outside of the UK, with 46% of SMEs saying Brexit had no effect
They say there’s never a dull week in politics, but it’ll take one heck of a week to top the one we’ve had so far. Within the last seven days, we’ve had the Chequers agreement, an agreed-upon way forward within the Cabinet. But just days later and we’re listening to a new Brexit secretary and
A new study has found that Britain’s fastest-growing export partners are Switzerland and China. The research, commissioned by Wyelands Bank, found that countries in the Asian Pacific dominate the growth charts with Switzerland topping the chart. Overall, China leads in terms of projected growth with an additional $886m in trade expected on-top of $24.6bn last
It seems to be one of the longest running international jokes – Britain has bad food. That thinking may be true with tourists, but for international businesses, demand for British food and beverages is stronger than ever. In fact, global appetite for British food and drink has continued to strengthen by over 10% in under
A new report from the Department for International Trade has found that a large portion of British small and medium-sized businesses aren’t open to exporting their products due to a lack of confidence in their own capacity and capability. The research, which quizzed firms with annual turnovers of over £500,000, found that smaller businesses are
The World Cup in Russia has officially begun with the host nation kicking-off in style with a 5-star and five-goal performance. All the talk in the run-up to the World Cup has been about how prepared the nation is to host such a tournament and, most importantly, the safety of those travelling into the country
(Photo: Robert Sharp / English PEN) An end date for a proposed ‘backstop’ plan for trade with the EU following Brexit has been published following a day of political turmoil at Number 10 after crunch meetings between David Davis and Theresa May. The backstop plan puts in place a proposal for a temporary customs arrangement
US tariffs on imported steel and aluminium have come into force, affecting EU, Canadian and Mexican markets. The tariffs, which were originally announced in March this year but delayed in implementation for some US allies, officially came into effect from 1st June with US commerce secretary Wilbur Ross confirming a 25% tariff on steel and
Increasing global demand has seen Japan’s exports rise for what is expected to be the 17th month running to April this year. With final performance to be confirmed, initial data suggests that exports grew over 8% last month compared to April 2017 and a 2% increase compared to March. Trade surplus, as a result, reached
Exports of dairy products from Israel have enjoyed strong growth over the last five quarters thanks to increasing demand from Europe and North America. An analysis released by the Israel Export Institute’s Economy Department highlighted that the nation’s export of dairy products grew by 2% in 2017 compared to the year before with exports worth
Earlier this month we wrote about a statement from the Public Accounts Committee which noted its ‘grave concern’ about the lack of Brexit-readiness The Department for Business, Energy and Industry Strategy (BEIS) appears to showcase in the run-up to leaving the EU. Their statement went as far as to suggest that the BEIS was apparently
A report published last month has cast serious doubt on how Brexit-ready a key government body is. According to MPs from the Public Accounts Committee, The Department for Business, Energy and Industrial Strategy (BEIS) has made ‘virtually no attempt’ to prioritise ahead of Britain leaving the EU as it moves from a state of planning
Annual Nigeria exports goods reached $40bn in value according to the Nigerian Export Promotion Council (NEPC). That’s the figure of informally traded goods though, calculated by the International Trade Centre in Geneva, with the Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture (NACCIMA) posting the value of trade at $8bn. CEO of the
At some point during exporting and doing business overseas, you’re going to have to face and overcome issues that arise from managing multiple currencies whilst selling abroad. The good news is that, unlike market-leading conglomerates around the world, you needn’t start hiring Forex traders left, right and centre. Here are three ways in which you can
We were extremely pleased with the final report, which ran to some 450 pages, and covered in detail, country by country the information we required. It was laid out in a clear, concise manner, with logical summaries and inciteful analysis of the key data.
All in all the report has formed an invaluable basis for our decision–making process for this project and provides a robust benchmark upon which to gauge our progress.
I would not hesitate to recommend Go Exporting to anyone looking for support in expanding their business internationally.
Learn what it takes to make your first £1m in export sales from someone who’s been there, learnt the pitfalls, overcome the challenges and has the experience you really have to read.
Whilst for large and enterprise organisations, Brexit has dominated the list of top headaches for over three years, for small businesses, other challenges are deemed far more pressing. That’s according to a new report from Clearwater International, titled Growth Europe, which surveyed some 2,100 small and medium-sized businesses across Western Europe. Of those firms questioned,
Two years ago, the United Nations warned that the planet had just 12 years to limit climate change catastrophe. Now, as 2020 gets into full swing, the latest UN report suggests little progress has been made. In fact, it’s getting worse. A study by the Climate Accountability Institute highlighted the effect that some businesses are
Data from the Office for National Statistics have shown how UK firms have been capitalising on opportunities outside of the European Union over the last 18 months. The figures show that in the year to September 2019, EU exports grew by 1.3% to just under £300 billion. Non-EU exports, however, grew 6.3% to £373.7 billion
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