A new plan to help businesses across the UK double exports and sell their world-class products around the globe has been launched by the Department for International Trade (DIT).
Made in the UK, Sold to the World is a 12-point export strategy which can be found HERE
It includes an Export Support Service offering a one-stop-shop for exporting advice and the launch of a new UK Tradeshow Programme better-tailored to help businesses, particularly those outside London and the South East, to attend and promote their products around the world.
International Trade Secretary Anne-Marie Trevelyan said: “Our export strategy will help more businesses start exporting and help those who already export to sell more products to more countries. Reaching £1 trillion worth of exports by the end of this decade means more jobs, more opportunities and higher wages helping the UK to level up and build back better.”
The DIT will also be expanding its Export Academy — launched in October — extending it across the whole of the UK. The Academy will invite owners and managers of SMEs to access masterclasses, roundtables and networking events that help them overcome common challenges faced by first-time exporters.
While the UK exported £600 billion in goods and services last year, only around 1 in 10 businesses currently export despite the fact that analysis has shown that exporting businesses are on average 21% more productive.
The Strategy
Made in the UK, Sold to the World includes:
- The Export Support Service which provides a single point of contact for exporters to Europe.
- UK Export Academy expansion to offer SMEs in all parts of the UK the chance to learn how to navigate the technicalities of exporting.
- A new UK Tradeshow Programme.
- The expansion of UK Export Finance (UKEF) with new products and a wider delivery network.
- The appointment of Export Champions, ensuring businesses can build and learn from exporting successes through business-to-business networking and peer-to-peer learning.
- The Internationalisation Fund, open to SMEs in England, which will aim to expand international sales.
Department for International Trade
The Department for International Trade is a UK government department responsible for managing trade agreements between the UK and foreign countries, as well as for encouraging foreign investment and export trade.
