Presentation on theme: "UK Trade & Investment | Exporting for Growth1 Maximise your global growth Exporting can help you survive and grow. There are real opportunities to trade."— Presentation transcript:
UK Trade & Investment | Exporting for Growth1 Maximise your global growth Exporting can help you survive and grow. There are real opportunities to trade internationally; UK products, services and expertise continue to be in demand across the world.
UK Trade & Investment Opportunities for British firms around the world 2UK Trade & Investment | Exporting for Growth 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.
Why exporting is good for business Become more dynamic, innovative and successful UK Trade & Investment | Exporting for Growth3 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 business Source: Nottingham University / UK Trade & Investment
How UKTI has helped Some key figures on UKTI activity Every £1 spent generates £22 for the UK economy Financial benefit to businesses across all trade services £6 billion in 2011 (up from £5bn) Helped create more than 126,000 jobs in UK 4UK Trade & Investment | Exporting for Growth 24,400 Companies Benefited Over 3,000 companies increased R&D activity as a result of UKTI support
What type of exporter? The different types of current UK exporters UK Trade & Investment | Exporting for Growth5 Source: UK Trade & Investment Strategic – Plan based upon market research Adaptive – Formal Plan that considers external influence Reactive – Informal plan in place Passive – Unplanned
Global reach There are opportunities for UK exporters in all areas of the world UK Trade & Investment | Exporting for Growth6 British Embassies and Diplomatic offices based in 96 markets, with 2,400 UKTI staff that offer local, in-market knowledge and expertise.
The world awaits Choosing your market(s) UK Trade & Investment | Exporting for Growth7 Mature Markets US (£33bn) Germany (£24.8bn) France (£17.4bn) Netherlands (£17.9bn) Ireland (£15.3bn) Belgium (£10.5bn) Spain (£8.9bn) Italy (£8.2bn) Growth Economy Markets Brazil (£2.2bn) Russia (£3.6bn) India (£2.9bn) China (£5.3bn) Emerging Markets Africa Asia Pacific Saudi Arabia UAE Latin America Turkey Dominant export markets for South West, Germany, France and US 45% Ireland Pop 4.5m £15.3bn
The world awaits Economic growth forecast 8UK Trade & Investment | Exporting for Growth Russia 144 m China 1.3bn India 1.2bn Brazil 200 m Population Three Billion 7.2%
Rising to the challenge Common hurdles to doing business internationally 9 Resource Costs Legal, regulatory and IP issues Managing risks overseas Language and cultural barriers Logistics Financing and funding export Getting paid
Access new and existing markets Package of support to help companies grow exports UK Trade & Investment | Exporting for Growth10 Our goal is to help companies to export more Intense programme of support Help to expand in existing or new export markets Diverse, flexible and customised support Support based on readiness, competence, capability and desire to grow export sales
Compelling case South West companies can grow through exports 11 Imaginative Unique Creative Quality Style Excellence Ingenious Passion Differentiation
Helping South West exporters Across sectors, markets and across the world UK Trade & Investment | Exporting for Growth12
How UKTI support can help you Expertise in every aspect of international trade UK Trade & Investment | Exporting for Growth13 International Trade Adviser From the private sector (knowledge and experience) 12-24 months assistance to companies Help to begin or expand international trade Enter new markets Proactively develop overseas business
Provide Tactical and Strategic Assistance Package of support to help companies grow exports Trade Show Access (TAP) Export Comms Review (ECR) Market Visit Support Export Market Research Scheme Overseas Market Intro Service Export Business Training (P2E) Develop Export Strategy (G3) Tactical Strategic Intensive Help for Growth (ERDF) Value Add International Trade Advisers providing tailored support
How UKTI support can help you ERDF funded support to assist on your journey into export UK Trade & Investment | Exporting for Growth15 Internationalisation Programme Intensive Support £ Workshops & Events IP Scheme Research Scheme Master Class and Workshop Suite Language & Culture Grants ITA Facilitate Support UKTI Core High Impact Growth Economies Network Clusters
EEN Capability 600 host organisations 51 countries 5000+ staff EEN operates across the European Trade area covering > 21m businesses and a population of over 700m Also includes non EU countries Russia, Israel, USA, Japan S.Korea and Chile How UKTI support can help you Working with European Partners 16 Enterprise Europe Network UK Trade & Investment | Exporting for Growth
Contact UK Trade & Investment For help, advice, access to UKTI support and assistance 0845 60 60 969 Call www.ukti.gov.uk/southwest twitter.com/UKTI_SW