Local businesses from across the South East were treated to a masterclass in exporting to North America at a free event hosted by the Department for International Trade (DIT).
Twelve companies, including DrinksBot, Oxford Bioscience and Rowing Solutions, attended the sold-out roadshow at the Heathrow Park Inn Hotel. The event featured speakers from DIT in North America, who focused on how businesses can develop export strategies to be successful in the UK’s highest grossing export market.
In the year to June 2018, over £7.5bn worth of goods were exported to North America from the South East alone, with the value of total UK goods exports to the continent reaching over £39bn.
As part of DIT’s Exporting is GREAT campaign, the Export Hub is touring the nation, hosting a series of events to help businesses trade overseas. The events will provide essential information on the benefits of exporting and the key steps and processes that need to be considered. Businesses will also learn about the ongoing support available from DIT.
Ben Raby DIT’s Head of the South East, said: “North America is the largest and most competitive economy in the world. It’s the UK’s top export destination and has already proven to be a lucrative market for ambitious UK companies looking to sell overseas. But there’s a lot to consider. For instance, tastes and demand differ from state to state, as do trade regulations and taxation.
“I’d encourage businesses from across the South East to get in touch with DIT or attend one of our other upcoming masterclasses and find out how they can export and grow their business. Many of the region’s companies are successfully trading overseas, but there are so many more that could emulate their success.”
Companies can find information and a current list of opportunities and events through visiting great.gov.uk or contacting:
DIT South East
T: 0330 3000 012