Published September 15, 2017
Iceland has slowly moved itself out of recession since the economic crash of 2008 – Standard & Poor’s credit rating for Iceland currently stands at A with stable outlook, Moody’s credit rating was last set at A3 with stable outlook, while Fitch’s credit rating was last reported at A- with positive outlook.
The country has a long and trusted trading relationship with the UK, and is an educated and technologically advanced society that appreciates high quality products and services – if you’re thinking of doing business there, here’s everything you need to know about exporting to Iceland…
Published September 8, 2017
If you’re looking for a trading base for the Central and Eastern European (CEE) market, then Hungary could be the ideal location, as it’s located right in the very heart of the Carpathian basin. Hungary is the UK’s third largest export market in the CEE region – 1.9% of Hungary’s imports come from the UK, and bilateral trade in goods and services is worth around £1,849 million.
If you want to start trading in the CEE region, here’s everything you need to know about exporting to Hungary…
Published August 23, 2017
Amazingly, it’s been seven years since Greece became the first eurozone country to be bailed out by the European Union (EU), European Central Bank (ECB) and International Money Fund (IMF).
It looks like the the nation’s economic fortunes could finally be on the up – Fitch Ratings has upgraded Greece’s credit rating to B-, up one notch from its CCC rating – but the crisis-battered country is still well below investment grade.
In spite of this ongoing economic uncertainty, or maybe because of it, Greece could offer a great investment opportunity – so if you’re thinking of exporting to Greece, here’s everything you need to know…
Published July 31, 2017
Although those who voted to leave the EU don’t like to admit it, the eurozone is the UK’s largest trading partner, but it’s very much a two-way street – if you examine both imports and exports it becomes apparent the eurozone economies do more business with the UK than any other nation.
The UK accounted for 14% of eurozone exports between 2007 and 2011 and 10% and more recently it took over Fance and USA to become Germany’s single largest trading partner – in the first three quarters of 2012 Germany’s combined trade with the UK came to £128 billion (€153 billion).
If you’re looking to do business there, here’s everything you need to know about exporting to Germany…
Published July 24, 2017
France is the world’s fifth largest economy, and with 65 million inhabitants it has Europe’s second largest consumer market – so if you’re thinking of exporting to France, it’s a pretty big market to aim for.
It’s also a stepping stone for other eurozone markets and a geographical hub for business within European Union (EU), it’s a geographical hub for anyone wanting to do business within Africa and the Middle East.
Services generate 80% of Gross Domestic Product (GDP) and the economy is built upon a number of world class industries, including Europe’s largest aerospace and nuclear industries and the second-largest agri-food and chemical industries.
France also has Europe’s third-largest Information and Communication Technology (ICT) and pharmaceutical sectors.
Here’s everything you need to know about exporting to France…
Published July 17, 2017
Finland is a highly industrialised nation, with an economy driven largely by exports, particularly of high tech goods and services, and forest industry machinery and products.
This heavy reliance on exports – the export market accounts for 50% of Finland’s GDP – coupled with the country going through something of an economic downturn in recent years, mean it’s not the best place to import to.
Even so, in 2014, exports of goods and services from the UK to Finland totalled £2.6 billion – so if exporting to Finland is on your to-do list, here’s everything you need to know…
Published July 10, 2017
Estonia is the smallest and most northerly of the Baltic states and is a great place to do business and has moved up to be ranked at 17th place in the World Bank’s imaginatively titled Ease of Business index.
And there are many benefits for UK businesses looking to set up links with Estonia such as the low cost direct flights between the UK and Tallinn and the fact that the country is an open economy with a very westernised business culture – including the fact that English is widely spoken.
So, if you’re looking to take your business to the Baltic states, here’s everything you need to know about exporting to Estonia…
Published July 3, 2017
The Dominican Republic is a Latin American success story, with an economy that has enjoyed steady growth since 2005, and in 2013 GDP grew by 4.1%, making it the ninth successive year of growth, higher than the Latin American average.
Tourism is the country’s leading foreign exchange earner although agriculture, construction and mining all play an important part in keeping the country ticking over.
And its strategic geographical location means its ports and airports offer easy access to the rest of the Caribbean, the US and Latin America.
So if you want to add the Caribbean island to your list of trade destinations, here’s all you need to know about exporting to Dominican Republic…
Published June 26, 2017
Denmark is a wealthy nation, with an open economy and sophisticated buyers that are well-known for paying bills and invoices on time – a major plus point for any business that relies on prompt payments.
Also known for being the gateway to Scandinavia and the Baltic nations, Denmark is the UK’s 22nd largest export market, with annual trade between the two countries estimated at some £5.7 billion.
So if you want to add Denmark to your list of export destinations, here’s all you need to know…
Published June 23, 2017
The Czech Republic is one of the most stable and prosperous markets in central Europe, and with a GDP growth of 4.2% in the first half of 2015, the Czech Republic is also one of the fastest growing economies in Europe
If you’re thinking of exporting to the Czech Republic, here’s all you need to know…
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