Wednesday, September 21, 2016

Exporting Companies - the Key to UK Success

A survey performed by the British Chambers of Commerce (BCC) showed that 3/4 of exporters have traded internationally for more than 5 years, while new exporters (0-2 years exporting) represent only 11% of exporting companies.
The survey also showed that once companies begin to export they rapidly expand, as 64% of exporters trade with 6 or more countries.

In this context, the British Chambers of Commerce claim that export and trade growth should be one of the essential goals of the next government's economic strategy.


The BCC proposed a number of measures to assist new exporters, and help existing exporters reach new international markets:

- Continue to develop a global B2B network of British Chambers and business groups – connecting British companies with customers and opportunities for growth in the fastest-growing overseas markets.

- Continue work to bring UK Export Finance up to par with the world’s best export finance agencies.

- Ensure UK businesses have access to world-class digital infrastructure by leading the world in the development of 5G technology.

- Drive the completion and enforcement of the EU Single Market in goods, services and e-commerce.

Source:
http://www.britishchambers.org.uk/press-office/press-releases/more-exporting-companies-key-to-uk-success,-says-bcc.html

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