export markets

A World Awaits for UK Exporters

A World Awaits for UK Exporters

There are opportunities for UK exporters in all corners of the world. They include: Brazil – The value of UK goods exported to Brazil grew by 24 per cent to £2.2 billion in 2010. China – China has become the UK’s ninth largest goods export market and British export activity there rose by 418 per cent from 2000-2010. France – The UK’s fourth-biggest export market. India – UK exports to India grew 45 per cent between 2005 and 2010. Ireland – Widely considered the ‘easiest’ overseas market for UK exporters, who sold goods worth £17 billion there in 2010. Mexico – UK goods exports to Mexico increased by £207 million in 2010. 24 per cent of internationalised UK firms said that they are already doing business here or are ‘very’ or ‘quite’ likely to do so in th... »

How to Research Export Markets

How to Research Export Markets

Exporting is one of the biggest steps your business will take, so it is vital you do your homework. Exporting to a new market will be one of the most difficult and risky tasks your business will have to undertake. Exporting introduces a whole host of unknown variables into the equation, so it is absolutely vital you do your homework first and thoroughly research the market before you commit. This article will help you conduct the research process in a structured and thorough manner, ensuring your first-time export operation maximises its chance of success. We cover how to identify markets with strong potential, assess whether your goods and services will fit, how to find and brief a research agency, and more. How do I identify potential markets for export? Follow these steps: Define your c... »