ukti
DESCRIPTION
Engineering Forum - 21st October 2014TRANSCRIPT
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.
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
The world awaitsEconomic growth forecast
Russia
144 m
China
1.3bn
India
1.2bn
Brazil
200 m
Population
Three Billion
7.2%
1.2%
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
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
British goods, services, expertiseUnparalleled opportunities for British firms around the world
Imaginative
Unique
Creative
StyleIngenious
Passion
Differentiation
Excellence
Innovative
Quality
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
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
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
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.
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
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
Contact UK Trade & InvestmentFor help, advice, access to UKTI support and assistance
07718 782690
Call
Nick Field www.gov.uk/ukti