|Positive news in the latest British Chambers of Commerce / DHL Quarterly International Trade Outlook
The newest Quarterly International Trade Outlook reveals highly promising results for April to June 2014 – both for the British and global economy. Export confidence is strong, especially among manufacturing firms, and the volume of trade documents issued by the British Chambers of Commerce increased again and stands at an all-time high. At the same time, Britain’s economy grew by 0.8 per cent in Q2, meaning that economic output now exceeds pre-recession levels. US and China’s economies have also grown by 4 and 7.5 per cent respectively. The British Chambers of Commerce projects that UK exports will grow by 1.9 per cent in 2014 overall.
The 2014 Q2 Quarterly International Trade Outlook also includes business case studies and destination profiles for Cambodia, Chile, Egypt, India, Mozambique and Taiwan. A global heat map shows which countries the European Union has Free and Preferential Trade Agreements with, and where these are under negotiation.
If you’d like to read the full report, it’s available here.