More than 20,000 international export opportunities for UK companies to access and sell overseas will be showcased on GREAT.gov.uk today by international trade secretary Dr Liam Fox MP.
The UK is one of the first countries in the world to provide this online service, following the launch of the export strategy and an ambitious drive to boost British exports.
Speaking in Bristol this morning, Dr Fox will set out how the easy-to-use digital service lists business opportunities around the world from companies that want British-made products and gives manufacturers in the UK a unique opportunity to sell across the globe.
Examples on the service include:
International trade secretary, Dr Liam Fox MP, said: “From exporting cheese to Hong Kong, online degree courses to China and frozen products to France – the Department for International Trade (DIT) has already helped thousands of companies to export, with exports now at a record high.
“Now there are more than 20,000 export opportunities available to search online, helping UK companies sell their goods overseas – and help meet our ambition for Britain to become a 21st-century exporting superpower.
“As an international economic department, we are determined to see the UK thrive and to help support, connect and grow UK companies on the world stage through our international network.”
Stephen Martin, director general of the Institute of Directors (IoD), said: “Alerting businesses to new export opportunities is a very beneficial part of DIT's work and the IoD looks forward to keeping its members engaged with the expansion of its database.
“We have long called for the Government to collect information on tender calls overseas and are pleased to see businesses will now have a central point of information through which to access this.”
Mike Cherry, Federation of Small Businesses national chairman, said: “76% of smaller businesses are reactive exporters, responding to specific requests from customers in overseas markets and therefore initiatives such as enhanced export opportunities that help to connect buyers to sellers in the UK are welcome.
“E-commerce can also be particularly helpful when selling to markets further afield (with almost half of all small business exporters having used e-commerce). Therefore it is important for Government to promote awareness of initiatives such as the selling online overseas tool to both current and potential smaller business exporters.”
The export strategy sets out how the government will support businesses of all sizes to make the most of the opportunities presented by markets around the world.
A government-led collaboration with business, developed after extensive engagement with a range of UK firms - the strategy sets a new ambition from the government to increase exports as a proportion of UK GDP to 35%.
It presents a streamlined and targeted offer for businesses of all sizes, set to raise productivity, boost wages and protect employment across the UK.
Research shows that companies that export have increased growth potential, are more productive and have better-paid jobs.
The export strategy lays the foundation for how DIT plan to support businesses in the years ahead and ensure the UK economy is fit for the future.
In the months ahead DIT will lead work across government to assess what more it can do to support UK business to achieve a step change in their exporting performance.
PD Ports Northern Powerhouse Export Awards, in association with HSBC and the Department for International Trade, seeks to recognise the most entrepreneurial exporters from across the North of England.
For more info visit www.northernexportawards.co.uk.
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