Small business exporters divided on post-Brexit outlook - CILT(UK)
Search
Search
You are here: Home > News > Latest News

 

What’s on your career development plan

 


 

 


LATEST NEWS

Small business exporters divided on post-Brexit outlook

06 July 2021/Categories: CILT, Industry News, Logistics & Supply Chain, Brexit


Research from DHL Express has found that small and medium sized British businesses are divided on the impact of Brexit on their business. 

Half (51 per cent) of those who already export from the UK or plan to in the future agreed that exporting would continue to be a priority for their business in the future, and just over one in 10 (11 per cent) businesses surveyed had either started exporting to new non-EU countries or were considering doing so in the near future.

A quarter (24 per cent) of those who already export or plan to in the future state they have stopped selling to some EU markets, with six per cent of British businesses stating they have stopped selling to EU-markets altogether. 

When asked if they thought they’d export more or less over the next year compared to the previous 12 months, exporters were divided, with 25 per cent forecasting an increase and 28 per cent anticipating a decrease.

Ian Wilson, Chief Executive at DHL Express UK&I said: “Six months on from the UK’s departure from the European Union and it’s clear that the nation’s small businesses are still navigating the changes with mixed feelings. 

“The findings from our exporter research reflect our own customers’ experiences, where some sectors have been able to stabilise and even grow, taking advantage of government incentives and new trade deals, while others are feeling a significant impact from the increase in regulatory complexity.

Wilson added: “It is encouraging that so many businesses continue to see a role for exporting in their future, but it’s clear more needs to be done to manage the new trading environment we’re in.”


Print

Number of views (6907)

Theme picker

Registered Office:

Earlstrees Court, Earlstrees Road, Corby
Northants, NN17 4AX
Main Switchboard: 01536 740100

Company Registration Number: 2629347 
(A Company Limited by Guarantee)
Charity Registration Number: 1004963

© The Chartered Institute of Logistics and Transport