Untitled

[exportportal-blog]

More reasons to export to Morocco

Morocco represents a great opportunity for exporters because of its relative economic stability and social reforms, according to global credit management specialists.

However, payment delays are still long, it says, in a new detailed report on the country’s business climate.

[exportportal-blog]

Export Market Planning

Preparing an export plan is a fundamental first step in any export strategy and will assist your decision-making throughout the entire export process. Developing a plan can be challenging but getting it right is critical to your export success.

[exportportal-blog]

British exporters need to target new countries, reveals RBS study

The Latin American powerhouses of Mexico and Brazil and the Asian tiger of Taiwan are proving to be a ‘missed opportunity’ for British exporters, according to new research.

Economists at the RBS banking group have identified them as attractive relatively untapped markets for UK firms to get ahead in the global race.

Nearly a third of the UK's economy is made up by exports, and yet most still tend to concentrate their efforts in Europe or America.

RBS studied nearly 50 export markets. Each destination's attractiveness was determined by compatibility (matching import needs to UK exports), growth, prosperity, and the ease of exporting, in addition to the size of each import market. These countries combined made up less than a quarter of all UK goods exported in 2012.

David Fenton, senior economist at RBS said: 'It's clear there are export opportunities which British businesses aren't fully taking advantage of. While the outlook is currently subdued in key export markets like Europe and the US, success will increasingly rest on less-indebted, faster-growing parts of the world.

[exportportal-blog]

UK exporters bringing home the bacon as China craves pork

China has leapt into the top 10 markets for British food and drink exports – thanks to its insatiable demand for pork.

And the strength of the trade with the world’s second largest economy meant that in the first half of 2013, UK food and non-alcoholic drink exports grew by 2.5% to £6.1bn.

This comes as welcome news with the Food and Drink Federation (FDF) being a key partner in the Open To Export Food & Drink Focus Week, a programme of online activity this week to support food and drink companies in developing export business.

Although 2013 began slowly with food and non-alcoholic drinks exports down by 3.4% in Q1, this was offset by strong Q2 growth (+9%) - exports in June alone were up over 13%.

Exports to the EU27 showed positive signs (+1%) though this was eclipsed by continued high growth to non-EU markets, up 7.5%. China leapt up 10 places to enter the top 10 markets for food and drink companies, a climb largely accounted for by a boom in British pork exports (+591%).

Value added foods were up in both EU (+4.9%) and non-EU markets (+8.2%), and sweet biscuits performed particularly strongly (+14.2%). Against a difficult backdrop with cumulative UK exports down by 3.3%, food and non-alcoholic drink exports have performed solidly, showing a 2.5% increase compared to the same period last year.

FDF's economic and commercial services director, Steve Barnes, said: "Q1 started slowly with the Eurozone gripped by recession and extreme weather, and the UK still feeling the effects of a disappointing 2012 harvest.

“However, Q2 was much better as the EU pulled out of recession and consumer confidence grew. The performance to non-EU markets was hugely encouraging in particular and a credit to companies investing to grow internationally.

"Despite the good news, there is huge untapped potential for boosting UK food and drink exports. So, to help equip food and drink companies with the information they need to realise their export potential, FDF is pleased to launch our new guide, '10 Steps to Export Success'. We're also very proud to be playing a lead role in innovative initiatives such as the Open to Export Food and Drink Focus Week."

[exportportal-blog]

Benoy provides some high-class retail therapy to UK's export recovery

When David Cameron and his coalition government urged British firms to do more business with the high-growth and emerging markets of the world, the battle-cry would have been appreciated by architects and planners Benoy.

The multinational firm, which was founded in 1947 and is headquartered in London, has been at the forefront of expansion into Asia and the Middle East and has even masterplanned the most prestigious new development in Mongolia.

Now it is celebrating the opening of a state-of-the-art shopping mall in Abu Dhabi, UAE, and five years of ground-breaking work in Singapore.

The Galleria on Maryah Island, Abu Dhabi, has just opened its doors, and Benoy, in partnership with Elkus Manfredi, was appointed architect for the project, a 130 unit 33,000m² GLA super-luxury retail and dining destination, sitting on the spectacular waterfront with stunning views across the new promenade.

The Galleria is set in the grounds of the opulent Sowwah Square scheme, and inspiration for the design came from the exclusive and unique brands that will occupy the centre.

The Galleria boasts one of the highest concentrations of luxury brands in MENA, including Burberry, Dior, Gucci, Louis Vuitton, Mulberry and Prada. The Great Room houses an impressive collection of labels, which are displayed in impressive double height shop fronts, enclosed by a glass skylight.

The project is the vision of Gulf Related and Mubadala Real Estate and Infrastructure (MREI), who have developed this landmark mixed–use scheme on Abu Dhabi’s Al Maryah Island.

The site incorporates the city’s new Exchange building, hotels, shopping and leisure facilities. Due to open in 2017, stage two, Sowwah Central, will also feature adjoining luxury and residential towers and will be one of the largest urban retail and leisure destinations in the region.

The Galleria is one of a number of high-profile schemes that Benoy has designed in the UAE, with a portfolio including the iconic Ferrari World Abu Dhabi as well as The Avenue and The Beach, which are both due to open shortly.

Benoy Managing Director, Nick Lamb, said: “It is a testament to Benoy’s reputation and our position within the global market that we were chosen to configure a project of this magnitude.

“With The Galleria we have designed a space that reflects the elegance of the occupants and captures the dynamism of the local area, which will appeal to city, regional and international visitors alike.

Meanwhile the company is celebrating its fifth anniversary in Singapore, growing from landmark beginnings along the Orchard Road to its appointment on two of the country’s most anticipated future developments at Singapore Changi Airport.

[exportportal-blog]

The tricky business of securing export schedules

Are you exporting in large quantities? Perhaps you should look into utilising the expertise of a freight forwarder.

Exporting cargo by sea freight is the most popular and cost effective way of transporting your goods to overseas markets. However, a dose of extra planning is required to ensure your export schedule is secure. This means locking in space with your shipping line at least three to four weeks from your scheduled ship date. A little forward planning and a reliable freight forwarder can go a long way in helping to ensure your cargo reaches your customers in time.

Although the balance of trade will show that Australia’s imports far outweigh our exports in dollar terms, the major containerised exports are large volume shipments of low-value bulk goods such as grains, cotton and waste paper. These goods are usually exported in multiple container lots. They are heavy and restrict the number of containers that can be loaded onto a vessel.

[exportportal-blog]

Exporting to new markets: cultural differences are key

Stuart Anderson, Director of Manufacturing and Supply at AstraZeneca Australia, takes Dynamic Export through the pharmaceutical company’s experience of exporting overseas and valuable lessons that small exporters can learn from.

As the global economy embarks on its first steps of recovery and Australia looks to drive growth of the national economy, there are numerous opportunities for Australian businesses to expand internationally and push our economy forward. There are many commercial and operational considerations for any business looking to export abroad, but one area that businesses may often neglect to address are the cultural implications of exporting to a new market – a sensitive area which, if you get wrong, can make it very hard to achieve success.

[exportportal-blog]

Export to some of the world’s largest markets

People the world over value Australian food and beverages because of our reputation for clean, safe and healthy produce. With increasing demand from Asia’s growing population, now is a great time to start exporting. If you’re ready to take your food or agribusiness to the world

[exportportal-blog]

Asia's export engine stuck in neutral despite US uptick

Exports from seven of East Asia's biggest exporters - Japan, China, South Korea, Taiwan, Thailand, Hong Kong and Singapore - grew by just 0.8 per cent in the third quarter, according to a Reuters analysis of national trade data, led by a 3.1 per cent gain in exports to the U.S. from the same three months of 2012.

[exportportal-blog]

International trade in the internet era

34 percent of the world population (irrespective of location, race, age and gender) are internet users. Internet has transformed the way we do business both domestically and internationally.

Days of you carrying a luggage full of brochures at tradeshows, waiting in the darkness for the safe arrival of shipping vessels and spending $200 on faxes and $120 on courier for export documents a day, are gone.

Instead, having a teleconference on Skype with suppliers in a remote area while locating your shipping vessel on MarineTraffic and checking Alipay for incoming payment is becoming normality for more and more international traders today.

[exportportal-blog]

Ask me a question

ask.fm/exportportal

[exportportal-blog]

Panama packs a punch as Canal project makes it even stronger

The country can definitely punch above its weight, but what makes it so special, and how can British exporters make the most of the opportunities? Panama returned to democracy in 1989 and now enjoys the political and macroeconomic stability many countries in Central and South America crave.

Unemployment is around 4%. Foreign Direct Investment (FDI) was over $2bn in 2010. And to top it all, credit rating agencies S&Ps and Fitch have given Panama the BBB rating.

The publicly-managed Panama Canal attracts directly and indirectly most of the investment, employment and trade for the country, particularly during its current expansion.

[exportportal-blog]

Heathrow cargo crew to strike this week, imports and exports to be affected

A Unite spokesperson has warned that the import and export of perishable goods will be hit this week by striking cargo staff working for Swissport Cargo Services at Heathrow.

[exportportal-blog]

Welcome to WTO E-Learning

The World Trade Organization E-Learning provides online training on matters related to international trade and WTO Agreements to government officials from developing and least-developed Members and Observers.

Our final destination: a comprehensive and detailed understanding of the different components of the multilateral trading system.

[exportportal-blog]

America's Best Customers

Germany, $43.3 billion

Germany continued to prove its economic might in 2009 as the EU's largest trader and third largest importer in the world. The country, which boasts one of the most high tech and innovative economies in Europe, just saw a steep decline in retail sales. Still, Der Spiegel says unemployment is expected to dip below 3 million for the first time since reunification two decades ago, further indication of Germany's economic vitality

[exportportal-blog]

World Trade Organization releases annual package of trade and tariff data

The WTO released on 24 October 2013 its annual package of trade and tariff data, including for the first time a publication dedicated to trade in services. Providing a comprehensive overview of trade developments in 2012, the package also includes the 2013 editions of Trade Profiles, World Tariff Profiles and International Trade Statistics, which has been expanded to include data measured in value-added terms.

[exportportal-blog]

Welcome to Trade Expo #internationaltrading

Welcome to Trade Expo indonesia

  The 28th Trade Expo Indonesia 2013 is set to open on 16 - 20 October 2013. Following its previous shows, Trade Expo Indonesia 2013 will showcase best Indonesian export products ranging from industrial, mining, agricultural to Craft sectors.  Last year, Tradexpo Indonesia successfully attracted more than 5.000 buyers from over 90 countries, and generated in total trade transactions valued at over US$ 1 billion. The fact that thousands of buyers from many countries come to visit Resources (Tradexpo) Indonesia every years demonstrates a high commitment of our trading partners around the world; and also a solid prove that Indonesia is one of the potensial and reliable suppliers of qualified and competitive consumer products.  Therefore, you and your associates are cordially invited to pay a visit to The 28th Trade Expo Indonesia 2013, from 16 -20 October 2013 at Jakarta Fairground, Kemayoran, Indonesia.