UKTI reveals record number of UK businesses looking to export
Monday April 18th, 2016
Figures show a record number of UK businesses are interested in exporting through the government’s Exporting is GREAT website.
New figures show a record number of UK businesses interested in exporting through government-brokered opportunities, with over 20,000 responses since November 2015. The news comes as the government kicks off Exporting is GREAT Week.
The statistics, released by UK Trade and Investment (UKTI) the government department leading Exporting is GREAT, demonstrate the huge demand for UK products and services overseas. Over 6,000 export opportunities have been showcased at exportingisgreat.gov.uk since November 2015. This equates to 40 new opportunities every day or a new chance to export roughly every 37 minutes for UK businesses.
Opportunities have come from 109 countries and 44 different sectors, including the chance to sell tea to China or cheese to France. They also highlight a Spanish demand for our deckchairs and a Finnish thirst for British beer.
Trade and Investment Minister, Lord Price, said:
“We have a proud history as a trading nation. The development of digital technology has the potential to give even the smallest company a global reach and access to attractive new markets.
This government is committed to supporting 100,000 more UK businesses to export by 2020. Exporting is GREAT Week is the perfect time to inspire companies to take advantage of the world of opportunity out there and the global demand for British products, skills and expertise.”
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