International Trade is the exchange of goods or services along international borders. This type of trade allows for a greater competition and more competitive pricing in the market. The competition results in more affordable products for the consumer. The exchange of goods also affects the economy of the world as dictated by supply and demand, making goods and services obtainable which may not otherwise be available to consumers globally.
Companies developing trade overseas can access a wide range of support including market research, statistics, new business contacts, training, overseas trade missions, finance, export documentation supply and certification & Customs requirements such as VAT and tariff codes.
These can help you decide if you should export to a new market, and advise you on how best to deliver products and services.
Explore the potential of exporting with guidance, services & support from the Department for International Trade. If you want to substantially increase revenue, profits & customer base, consider exporting. Government support is available via the Department for International Trade.
The United Kingdom is due to leave the European Union on 31 October 2019. Leaving the EU means a number of changes that will affect businesses and individual citizens. Use the information provided to find out steps to take & how to prepare.