Introduction to Trade and Working Capital
Exporting can help your business survive, develop competitive advantage and achieve sustainable growth. UK products, services and expertise continue to be in demand in the traditional established markets such as the US, and high-growth economies like China.
Exporting for many businesses is first and foremost a way of achieving growth. International trade also means diversifying a business’s customer base, helping avoid over-reliance on any individual revenue stream or market. As well as offering new revenue opportunities, exporting can help UK businesses increase the efficiency of their operations. In some cases companies are able to offer much more interesting roles for their staff. Exporting is also a catalyst for innovation, which can lead to long-term competitive advantage.
UK businesses are increasingly trading outside the current main markets of Europe and the US, with opportunities being found in all corners of the world. Our publication references some of the markets that may provide opportunity as well as products and support that businesses can consider to support their export strategy.