The EU has today published a report assessing the implementation of its existing trade agreements. This horizontal report is the first of its kind and sheds light on what happens after trade agreements are negotiated and have entered into force.
Dr Liam Fox encourages businesses to export as figures reveal the UK exported more than £300 million worth of holiday goods in 2016. As millions of people fly away for the summer break, so do British goods as latest figures show sunglasses, swimwear and ice-cream are big exports, accounting for more than three quarters of UK holiday goods.**
The latest trade data was published by UK Trade Date today and the picture looks as follows.
In June 2017 the value of exports (EU and Non-EU) decreased to £28.3 billion, and imports (EU and Non-EU) increased to £41.7 billion, compared with last month. Consequently the UK is a net importer this month, with imports exceeding exports by £13.4 billion.
Euro area international trade in goods surplus €21.4 bn, €4.0 bn surplus for EU28
United Kingdom’s total export trade is noted at €166.6 9bn in fifth place in terms of Member States’ total trade, representing 9% increase from the previous year’s period Jan-May 2016
New businesses run by women are less likely to expand internationally than male-run companies, according to new research carried out by academics at Sheffield Hallam University.
The study, carried out by a team of researchers from the University’s Business School, examines companies under five years old in order to assess the most significant factors supporting or hindering internationalisation.