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UK SMEs export £78bn | Germany trade powerhouse | Tea Palace wins global exposure

 
More than 1.5 million UK small businesses now export worldwide
 
Research from international payments platform, WorldFirst, has revealed that more than 1.5 million of the UK’s small businesses are now involved in worldwide trading. Their estimates suggest the combined value of UK exporting now stands at £78 billion every month, with Western Europe remaining the most significant trading partner.
 
London was home to the highest percentage of exporters, followed by the East Midlands and Yorkshire & Humber. The UK’s top sectors for international trade were in medical and health, manufacturing, transportation and distribution.
 
Jonathan Quin, co-founder and CEO at WorldFirst, said: “our research shows that over 1.5 million SMEs are trading more than £78bn a month across international borders. This is a significant contribution to the UK economy.”
 
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Germany powers ahead with best ever trade figures in March
 
According to the Federal Statistical Office, the seasonally adjusted value of exports rose to €91.8 billion in March and imports to €78.1 billion, both the highest figures on record, (seasonal adjustment is a statistical technique designed to remove seasonal variations in data).
 
Ulrich Rondorf, an analyst at Commerzbank, said: “the competitive German economy is profiting from the revival of global trade after a soft patch at the end of 2011.” The data showed that exports to non-EU countries jumped 11.2 per cent in the first quarter but rose only 2.3 per cent to the European Union.
 
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Tea Palace wins global exposure
 
As the Official Logistics Partner of Leicester City, DHL was offering one UK business an opportunity to advertise their business to the Premier League’s global audience during the Leicester City vs Tottenham Hotspur match on Thursday 18 May.
 
DHL announced Tea Palace as the winner of their competition to ‘Win Global Exposure for your Business’. Out of more than 150 businesses that applied from across the United Kingdom, Tea Palace were chosen because they offer the widest selection of finest quality tea in the UK, the kind of quality British products that people all around the world want to buy.
 
DHL’s Director of Ecommerce, Abi Brodie was on the panel of judges, and said:
“Thanks to their success in the Premier League and UEFA Champions League, Leicester City’s matches are now watched by millions around the world. For a small business this is an amazing opportunity to reach that global audience.”
 
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Thursday 11 May 2017

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