With Export Week starting today, Northamptonshire Chamber of Commerce has invited Ian Harrison, East Midlands Regional Director of UK Trade & Investment (UKTI) to highlight the key benefits of exporting.
From global corporations to small start-ups relying on e-marketing sites to sell goods, Northamptonshire is home to a wealth of ambitious companies determined to see their products and services in all four corners of the globe.
UKTI already works with a wide range of brilliant businesses throughout the East Midlands to ensure their success in international markets. And as we look forward to our eighth Export Week, which runs from 9 to 13 November 9-13, our hope is to inspire many others to take up the challenge.
Our flagship event, ExploreExport, takes place at Trent Vineyard in Nottingham on November 11 and will welcome more than 60 commercial officers from Europe, Russia, Asia, Africa, The United States, South America, Australia and the Far East - all of whom will be available here on your doorstep for vital one to one sessions.
‘Companies that export are more profitable, more productive, grow faster’
Local companies really will be able to travel the world in less than a couple of hours. Nowhere else will businesses get the chance to save so much time and effort - and so many air miles.
The message we want to get out there is that companies that export are more profitable, more productive, grow faster and are more likely to survive economic downturn than those which don’t.
Around 44% of companies active abroad report an increased turnover over a three-year period. They are more reactive to customers needs and build company capability so they have more flexibility and are more resilient .
They are more productive, accessing millions more customers to increase sales volumes and reduce unit costs. Firms beginning to export are likely to gain 34% productivity uplift in the first year alone, according to our research.
‘Companies that export also experience more growth’
Companies that export also experience more growth. They create more and better jobs, with an overseas presence creating on average 3.5 extra positions. Exporters are also able to offer much more interesting roles for their staff, not only boosting morale and motivation but also enabling companies to recruit better skilled people as a result.
Last but not least, exporters are both more creative and more innovative than non-exporters. Trading overseas can be a driver for innovation, as companies are exposed to competitor products and services. It can spur the development of new and modified products to meet the needs of international customers.
‘UKTI is also launching its new initiative Exporting is GREAT’
As part of Export Week, UKTI is also launching its new initiative Exporting is GREAT - the Government’s most ambitious campaign of its kind ever. It aims to inspire and support 100,000 new UK exporters to sell their goods and services overseas by 2020.
Our mission is to turn the UK into the world’s greatest exporting nation, capturing the imagination of the public, boosting business confidence and national pride and empowering more UK companies to go out and succeed in global markets.
Exporting is GREAT will run for five years, providing advice and expertise to support businesses at every step of the way, from initial interest to market. This will include the year-long EIG Roadshow, which will stop off at Derby on November 12.
Goods and services from Northamptonshire are in demand throughout the world and there has never been a better time for local companies to export. UKTI is here to help your business on its journey.
For more information, visit www.exportweek.ukti.gov.uk or call UKTI East Midlands on 0345 052 4001.
Author: Ian Harrison, East Midlands Regional Director of UKTI, which is organising a number of premier business events during Export Week.