mid-sized business

US named Top Small Business Export Destination

Importance of exporting highlighted as 37% of small and mid-sized businesses hit growth ceiling in the UK after three years New findings released by Barclays named the US as the top export destination for UK small and mid-sized businesses, with 55% selling to the market. The survey, which examined the most popular UK export destinations, revealed that the US was closely followed by France (53%) and Germany (51%). European countries dominated the list, with Spain (42%), Netherlands (39%), Belgium (31%), Italy (37%), and Sweden (29%) all present. However, Australia and Canada also featured in the top 10 list with 33% of small and mid-sized businesses exporting to Canada and 26% to Australia. The report highlighted the important role of exporting for business growth as 37% of businesses reach... »