4th quarter running Proportion reporting decreased sales historically high at 25%, also little changed since 1 year ago in Q1 2021 Exporters more likely that non-exporters to expect increases to their prices in coming months A survey of over 2,700 UK exporters has revealed that export sales growth has been effectively stagnant for the […]
The number of UK businesses exporting goods to the EU fell 33% to 18,357 in 2021*, from 27,321 in 2020 shows data out from HMRC. Michelle Dale, senior manager at national accountancy group UHY Hacker Young, says the fall is due to the extra red tape UK businesses must now comply with when exporting to […]
A significant majority of trade finance bankers are expecting to replace their trade and supply chain finance technology in the coming years, in an attempt to drive digitisation across the industry. This is one of the stand-out findings of a report released today by Demica, a leading fintech specialising in supply chain finance solutions. The […]
Flanders Investment & Trade, the official government body for the Flanders region, has published its full-year trade figures for 2021, which reveal that UK exports to Flanders are showing signs of recovery from their post-Brexit decline but some sectors continue to struggle. While UK exports to Flanders initially slumped by 15.8% in 2020 following the UK’s formal departure from the EU, UK exports to the region increased by a significant 18% in 2021 to a total value of €14,398,848,000. However, the […]
With three months to go before new EU-to-GB import controls come into force, importers are being warned not to be complacent about the changes. Since leaving the EU import controls have been implemented on a phased basis. While most post-Brexit customs formalities and controls have now been introduced, 1 July will see the introduction of […]
Any business involved in international trade, whether importing, exporting or part of the supply chain is faced with a rapidly changing regulatory environment. In particular manufacturers, distributors, and SMEs need to keep up with the changing global sanctions due to the Russia Ukraine crisis. Coriolis Technologies and the Institute of Export & International Trade (IOE&IT) […]
The Institute of Export & International Trade (IOE&IT) has announced that it has made over £1m in funding available to help British businesses to export. The IOE&IT launched the International Trade Accelerator Voucher scheme which can help businesses large and small through access to their world class training, consultancy, and educational services. Each voucher issued […]
UK exporters are feeling the pinch, with the largest businesses appearing to have been the most severely affected. There are nearly 9% fewer of them exporting in February compared to a year ago. The equivalent reduction for medium-sized businesses is 3%, for small businesses almost 5% and for micro businesses 6%. Large exporters revenues fell […]
The Institute of Export & International Trade (IOE&IT) has opened its new office in Northern Ireland, building on its existing presence in the region and continuing the Institute’s rapid expansion to support businesses and facilitate trade. The new NI office is located in Bangor, in partnership with South Eastern Regional College (SERC), providing vital training […]
Bolero International, the leading provider of cloud-based trade finance digitisation solutions announce their partnership with 360tf; a leading digital trade finance platform that connects banks and corporates from across the globe and enables them to seamlessly manage their trade financing requirements. The combination of 360tf and Bolero’s offerings will allow corporates to gain greater efficiencies in […]
