1 maximise your global growth. uk trade & investment opportunities for british firms around the...
TRANSCRIPT
UK Trade & InvestmentOpportunities for British firms around the world
2
Foreign Direct
Investment
Export
UK Trade & Investment helps UK-based companies succeed globally and assists overseas companies to bring high quality investment to the UK.
4
Why exporting is good for businessBecome more dynamic, innovative and successful
60%UK companies that export are responsible for 60% of national productivity growth
Companies that export:
More productive and innovative than non-exporters
More resilient to an economic downturn
Improve their financial performance
Boost their international profile and brand recognition / value
Are more likely to stay in businessSource: Nottingham University / UK Trade & Investment
Wiggle – from bike shop to £140m global player
Tregothnan Estate - China
Green Fuels – Biodiesel across four continents
18
UK Export LandscapeMarket development
Mature Markets
• US (£39.7bn)
• Germany (£30.7bn)
• Netherlands (£23.9bn)
• France (£22.4bn)
• Ireland (£18.1bn)
• Belgium (£13.6bn)
• Spain (£8.4bn)
• Italy (£8.3bn)
Growth Economy Markets
• Brazil (£2.2bn)
• Russia (£5.6bn)
• India (£4.7bn)
• China (£13.7bn)
Fast Emerging Markets
• South Africa
• Poland
• Saudi Arabia
• UAE
• Mexico
• Turkey
• Vietnam
Dominant export
markets forSouth West,
Germany, France and
USEU
58.6%
IrelandPop
4.5m£18.1b
n
23
Rising to the challengeCommon hurdles to doing business internationally
Resource Costs
Legal, regulatory and IP issues
Managing risks overseas
Language and cultural barriers
Logistics
Access to finance and investment
Getting paid
Confidence
Provide Tactical and Strategic AssistancePackage of support to help companies grow exports
TradeShow Access(TAP)
Export Comms Review(ECR)
Market Visit Support
Export Market ResearchScheme
Overseas MarketIntroService
Export BusinessTraining(P2E)
Develop Export Partners(EEN)
Tactical
Strategic
AccelerateExportGrowth(G3)
Mid-sizeSupportprogram
International Trade Advisers providing tailored support PLUS
EEN and ERDF