Chambers of Commerce

UK Exporters Experience Slow Rise in Activity

UK Exporters Experience Slow Rise in Activity

The number of UK businesses reporting an increase in export orders and confidence grew moderately in the first quarter of 2016, following a drop at the end of 2015, according to a report from the British Chambers of Commerce (BCC) and DHL. The latest Quarterly International Trade Outlook (QITO) found that the volume of trade documentation issued by accredited Chambers of Commerce rose by 1.4% in January to March 2016, compared with the previous quarter, to stand at an index of 116.04. Despite the positive trend in exports and business confidence, when looking at the figures in annual terms, there was a decline of 4.4% on the first quarter of 2015. There were also clear industry differences in exporting sales in the first quarter of 2016. Among manufacturing exporters, the balance of firms ... »