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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.

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Engineering Forum - 21st October 2014

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Page 1: UKTI

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.

Page 2: UKTI

Why exporting is good for businessBecome more dynamic, innovative and successful

60%

UK companies thatexport 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

Page 3: UKTI

The world awaitsEconomic growth forecast

Russia

144 m

China

1.3bn

India

1.2bn

Brazil

200 m

Population

Three Billion

7.2%

1.2%

Page 4: UKTI

Changing world The world is converging

For example...

• Population of China 1.3 billion

• From 178m to 314m middle class in 5 yrs

• Shenzhen 12m population

• 100m urban residents since 2006

• Economy embraces British products,

services and expertise

Page 5: UKTI

The world awaitsChoosing your market(s)

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

forSouth West,

Germany, France and US45%

IrelandPop 4.5m£15.3bn

Page 6: UKTI

British goods, services, expertiseUnparalleled opportunities for British firms around the world

Imaginative

Unique

Creative

StyleIngenious

Passion

Differentiation

Excellence

Innovative

Quality

Page 7: UKTI

Rising to the challengeCommon hurdles to doing business internationally

Resource Costs

Legal, regulatory and IP issues

Managing risks overseas

Language and cultural barriers

Logistics

Financing and funding export

Getting paid

Page 8: UKTI

Access new and existing marketsPackage of support to help companies grow exports

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

Page 9: UKTI

How UKTI has helpedSome 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

24,400CompaniesBenefited

Over 3,000 companiesincreased R&D activity as a result of UKTI support

Page 10: UKTI

Global reachThere are opportunities for UK exporters in all areas of the world

UKTI has offices in British Embassies and Diplomatic Posts in 100 markets, with 2,400 staff that offer local, in-market knowledge and expertise.

Page 11: UKTI

Provide Tactical and Strategic AssistancePackage of support to help companies grow exports

TradeShow Access(TAP)

Export CommsReview(ECR)

Market Visit Support

Export Market ResearchScheme

Overseas MarketIntroService

Export BusinessTraining(P2E)

Develop Export Strategy(G3)

Tactical

Strategic

Intensive Help for Growth(ERDF)

Va

lue

Ad

d

International Trade Advisers facilitating tailored support

Page 12: UKTI

How UKTI support can help youExpertise in every aspect of international trade

International Trade Adviser

From the private sector (knowledge and experience)

Ongoing assistance to companies

Help to begin or expand international trade

Enter new markets

Proactively develop overseas business

Page 13: UKTI

Contact UK Trade & InvestmentFor help, advice, access to UKTI support and assistance

07718 782690

Call

Nick Field www.gov.uk/ukti