Transcript UK Trade & Investment - Ferndown and Uddens BID Ltd

UK Trade & Investment
Opportunities for British firms around the world
UK Trade & Investment helps UK-based companies
succeed globally and assists overseas companies to
bring high quality investment to the UK.
Export
Foreign
Direct
Investment
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Why exporting is good for business
Become more dynamic, innovative and successful
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 business
60%
UK companies that
export are
responsible for 60%
of national
productivity growth
Source: Nottingham University / UK Trade & Investment
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Wiggle – from bike shop to £140m global player
Tregothnan Estate - China
Green Fuels – Biodiesel across four continents
UK Export Landscape
Market development
Mature Markets
Growth Economy Markets
Fast Emerging Markets
• US (£39.7bn)
• Brazil (£2.2bn)
• South Africa
• Germany (£30.7bn)
• Russia (£5.6bn)
• Poland
• Netherlands (£23.9bn)
• India (£4.7bn)
• Saudi Arabia
• France (£22.4bn)
• China (£13.7bn)
• UAE
• Ireland (£18.1bn)
• Belgium (£13.6bn)
• Spain (£8.4bn)
• Italy (£8.3bn)EU
58.6%
Dominant
export markets
for
South West,
Germany,
France and US
• Mexico
• Turkey
Ireland
Pop 4.5m
£18.1bn
• Vietnam
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Rising to the challenge
Common 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
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Provide Tactical and Strategic Assistance
Package of support to help companies grow exports
Trade
Show
Access
(TAP)
Market
Visit
Support
Export
Comms
Review
(ECR)
Export
Market
Research
Scheme
Export
Business
Training
(P2E)
Overseas
Market
Intro
Service
Develop
Export
Partners
(EEN)
Strategic
Tactical
International Trade Advisers
providing tailored support PLUS
EEN and ERDF
Accelerate
Export
Growth
(G3)
Mid-size
Support
program
Call
01275 370944
www.ukti.gov.uk/southwest