UK-New Zealand trade | Whisky exports growing | Latest e-commerce news

Posted on 26/08/2021 by DHL Express

Tariff-free trade on goods as UK-New Zealand talks continue

The latest round of negotiations between the UK and New Zealand brings good news to British shoppers and exporters, who will benefit from tariff-free trade on goods such as clothing, cars, food and drink.

International Trade Secretary, Liz Truss, said: “We are both big fans of each other’s high-quality products, so this could be a huge boost that allows British shoppers to enjoy lower prices and British exports to be even more competitive.”

Trade between the two countries is expected to grow with the new deal, having been worth £2.3 billion last year, and will support the UK in their bid to join the CPTPP.

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New figures show growth in Scotch whisky exports

Having felt the effects from the pandemic and the US imposing a 25% tariff on single malt exports into the country, its biggest trade market, things might be beginning to turn around for the whisky industry.

The latest figures are showing an increase in exports of Scotch whisky in the first half of 2021 compared to the year before. Whilst still short of 2019’s numbers, export value has gone up by 31% and volume has increased by 42% from the first half of 2020.

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The latest e-commerce news from around the world

Creative start-up Artifly are bringing together the worlds of art and technology by using AI to create custom artwork for its customers. Meanwhile, there has been an increase of 151% in items sold online by British charity shops as they look to recover costs lost through the pandemic, and e-commerce giant eBay has responded to customer feedback by releasing several new updates to its Shops feature.

In other news, research has found that 98% of UK consumers are cancelling their subscriptions within the year due to high costs or the end of a free trial – can the subscription box market last?

Finally, for brands who are looking to utilise influencer marketing as part of their social media strategy, a recent survey of consumers from across the world has found that over half of them prefer to follow ‘everyday’ influencers.

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