The UK Government’s ambitions

• For UK exports to reach

£1 trillion by 2020.

• 100,000 more UK companies

exporting by 2020.

• Double the UK’s stock of

foreign investment by 2020.

• Maintain the UK’s position as

the most favoured location in

Europe for inward investment

markets.

UK Trade & Investment’s mission

• Support UK companies to grow

their business through international

trade.

• Connect UK business to the world’s

top commercial opportunities.

• Attract high quality inward

investment to the UK.

• Establish whole-of-government

relationships with major wealth

creators.

• Increase exports and investment.

How trade benefits the UK economy

in 4 jobs

and RESILIENT

60%contribute

of GDP GROWTH

about 1in the UK are

linked to OVERSEAS

BUSINESS

EXPORT Makes businesses

PRODUCTIVE

more COMPETITIVE

Why export?

• Improve financial performance and increase the resilience of

revenues and profits.

• Achieve levels of growth & economies of scale not possible

domestically.

• Spread business risk.

• Increase the returns on investment

in R&D.

• Increase the commercial lifespan

of products and services.

• Employ more staff and recruit

highly-skilled people.

of ADDITIONAL SALES

£100,000

18 MONTHSof working with UKTI

were made on average within

Why export? (Cont.)

A UKTI survey* of trade clients shows that companies that

export are more profitable, productive and innovative:

85% said

exporting led to a

level of growth

not otherwise

possible

• 87% of UKTI clients said exporting has significantly

improved their profile or credibility.

• 73% of UKTI clients said exporting

increased the commercial lifespan of

products/services.

• 70% of UKTI clients said exporting has

led them to develop or modify a

product/service

*Source: OMB Research, 2013 Internationalisation Strategies, Barriers, and Awareness Survey

• 78% of UKTI clients said exporting has given them

exposure to new ideas.

Exporters in London

• Total London’s goods export

volume in 2015 was £32.5bn.

It was £28.7bn in 2014

(+13.2%).*

• A British Chamber of Commerce

survey showed that 46% of

London companies were

exporting.

*Source: HMRC Regional Trade Statistics, 2015 Q4

Press Release, issued on 3 March 2016

Exporters in London (Cont.)

• London contributes just over

half of the UK’s total service

exports.

• Experian found that 3 of the

top 10 areas where

businesses have a high

potential to export are in

London. East Central, West

Central and West London

have a high percentage of

companies that could export

but currently don’t.

Exporters in London (Cont.)

London‘s top 5 export markets:

• USA

• Switzerland

• Germany

• Hong Kong

• Netherlands

UK Trade & Investment overview

• Government department

working with UK-based

businesses to help them

succeed internationally.

• Represented in over 107

markets overseas.

• One-to-one help and advice

by International Trade

Advisers who all have

commercial international

business experience.

UKTI London International Trade Team

• 40+ International Trade

Advisers dedicated to helping

London businesses export.

• 7 sector teams:– Consumer/F&B

– Fashion

– Creative & Digital

– Business & Professional Services

– Global Sports/Infrastructure

– Technology

– Manufacturing & Healthcare

• London businesses receive

support tailored to their sector.

Impartial advice and strategic support

• Strategic and export-related

business advice.

• Market information and

research.

• Assistance in identifying

partners and potential

customers.

• Support before and during

overseas market visits.

• Identification of Export

opportunities.

UK Export Finance support

– Help UK exporters by providing

insurance to exporters and guarantees

to banks to share the risks of providing

export finance.

– Make loans to overseas buyers of

goods and services from the UK.

– Insure UK exporters against non-

payment by their overseas buyers.

– Help overseas buyers to purchase

goods and services from UK exporters

by guaranteeing or funding bank loans

to finance the purchases.

UK Export Finance is the UK’s export credit agency. It can:

“The success that UKTI helped us to

achieve in Europe gave us international

exposure that has allowed us to grow in

a controlled way. It’s an easy exercise

to connect many of our positive

outcomes back to a key UKTI input. I'm

a big UKTI fan and would encourage

any business considering exporting to

get in touch with them.”

Simon Duffy, Co-founder of Bulldog

Skincare for Men

UKTI London support – Bulldog Skincare

UKTI London support – Redemption Brewing

‘UKTI has been a great source of

support, advice and education,

guiding us as we have taken our

first steps towards exporting. Our

UKTI trade adviser Juliette Cattell

has been a valuable resource

offering her experience and making

us aware of a wide range of export

opportunities.’

Andy Moffat, Redemption Brewing

UKTI London support – Cocorose London

‘Contact from UKTI

is about having

third person

involvement which

is essential.’

Jenan Leo, Founder of Cocorose London

UKTI London support – Shopitize

‘UTKI has been instrumental

in getting us moving

internationally and we are

now expecting revenues of

around £2 million from the

UK, US and Australia in 2016.’

Carl Engelmac, General Manager at

Shopitize

UKTI London support – Arena Group

‘Partnership with UKTI gives

Arena Group a voice on an

international platform and

allows us to build our

profile around the world.’

Joe O’Neill, International Business

Development Director, Arena Group

UKTI London support – Advanced Oncotherapy

‘UKTI opened doors and helped us

find the right contacts. They briefed

me well before meeting contacts.

The result was we were able to

meet the CEOs that has led today

to us signing a contract with

Chinese Sinophi Healthcare.’

Sanjeev Pandya, Chief Executive Officer at

Advanced Oncotherapy

Exporting is GREAT website

www.exportingisgreat.gov.uk

UK Trade & Investment website

www.gov.uk/ukti

Contact

Jim James, Senior International Trade Advisor

UKTI London International Trade Team

Tel: 020 7234 3000

Email: jimjames@uktilondon.org.uk

www.gov.uk/ukti

www.exportingisgreat.gov.uk

Twitter: @ukti_LondonSE YouTube: UKTI

Blog: ukti.blog.gov.uk/author/ukti-london-1/ LinkedIn: UK Trade & Investment London