Month: <span>March 2017</span>

Bahrain is one of the most important economic partners and bases for UK companies in the Gulf and the two nations have always had a very strong bilateral commercial relationship.

It can be notoriously difficult to do business in certain areas of the Middle East but Bahrain is relatively relaxed, having the freest economy in the area and the most liberalised in the Gulf Cooperation Council (GCC). Bahrain is one of the UK’s largest export markets in the GCC and the UK exported £295.5 million in goods to Bahrain in 2014, up 9% on 2013. The total value of bilateral trade in 2014 was also up from 2013, it rose by 2% to £451.4 million.

Around 100 UK companies have set up base in Bahrain as the country is a major trading hub and financial centre in the region, with one of the most open economies and a liberal tax regime.

Austria is a relatively small nation with a population of just 8.5 million – the big plus point from a trade point-of-view is that, being located right in the centre of Europe, it has over 48 million people within a 400km radius of Vienna, its capital city, which means exporting to Austria will put your products and services within reach of a lot of potential customers.

It’s also one of the wealthiest nations in Europe, with a Gross Domestic Product (GDP) per head of €33,200 compared with a European Union (EU) average of €25,700. Austria’s high standard of living and relatively low living costs results in high non-essential disposable income.

If you want to take advantage of this, here’s everything you need to know about exporting to Austria…

Argentina is the second biggest economy in South America, and there are currently more than 100 UK companies operating out there, ranging from SMEs to FTSE 100 companies such as BT, HSBC and Unilever.

If you’re thinking of doing business in South America, here’s everything you need to know about exporting to Argentina…