Tag: <span>business</span>

With a population of 48 million people, Colombia is the third largest country in Latin America, and it’s economy is the 28th largest in the world.

The UK has recorded investments of around £11 billion in Colombia since the turn of the millennium and is the country’s second largest investor, after the United States.

And although still relatively small, UK exports to Colombia increased by 126% between 2009 and 2012 and the total UK exports of goods to Colombia reached £303 million in 2012.

The UK’s main exports to Colombia include:

  • Whisky (accounting for as much as 16% of total UK export to Colombia)
  • Pharmaceuticals
  • Machinery
  • Chemicals

So there are definite investment opportunities out there and the structure is in place for UK businesses to make a go of it in this South American powerhouse.

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Business is booming in China – in the last three decades it has grown to become the world’s largest economy, and this presents a huge opportunity for UK businesses thinking of exporting to China.

Jaguar Land Rover is currently the UK’s biggest export to China, and if you’d like to join it and become one of the many UK companies doing business in China, here’s all you need to know…

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Japanese tech giant, Softbank, is to plough more of its millions into UK tech – following last year’s acquisition of ARM Holdings, it’s now backing Improbable, a London-based virtual reality…

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The UK exported over £1.5 billion of goods and services to Chile in 2013, and is the country’s sixth largest foreign investor. And despite Chile  having a relatively small population – its 17.95 million inhabitants make it the sixth most populated country in South America – it is the UK’s second largest export destination on that continent.

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Unless you’ve (probably wisely) conducted your own media blackout in the run up to June’s general election, you’ll no doubt have heard Theresa May’s countless claims that what the UK needs right now is ‘strong and stable’ leadership – strong and stable leadership that she asserts only she and her party can provide.

And she’s right, the UK is in need of strong and stable leadership – no-one knows how Brexit will eventually play out, whether it will ultimately be good or bad for the UK, or what affect it will have on jobs, industry, and our everyday lives.

The snap general election means we don’t even know who’ll be running the country to lead those Brexit negotiations. And these factors, coupled some serious drum-banging and jingoism from politicians and citizens alike, means the UK is a divided nation.

So ‘strong and stable’ leadership is what’s needed, but it’s anyone’s guess which party can best provide it. And if you’re letting all the political posturing and Brexit bandwagoning affect your business decisions, you could be putting your company and its employees in jeopardy.

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Canada has many cultural, historic, and linguistic links with the UK, and it is the UK’s 16th largest export market for goods.

The UK is Canada’s sixth largest source of goods imports and second largest services trading partner, and the latest export figures show UK goods and service exports to Canada were worth £7.5 billion in 2013.

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Ever since the 51.9% voted for the UK to leave the EU back in June last year, there’s been a lot of conjecture on what the split will mean for trade – many of those who voted leave are sure the nation is in a stronger position now it can arrange its own trade deals with countries outside of the EU, such as India, New Zealand and Australia.

On the other hand,  those in the remain camp find it difficult to see the logic in sorting expensive trade deals with countries halfway around the world when there’s so many willing customers right on our doorstep.

And while there are reasonable arguments from both camps, it’s worth looking at who are currently the UK’s main trading partners…

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It seems Bulgaria is a good place to do business – A T Kearny, the global management consultant firm, ranks ninth in the world and number one in Europe as an outsourcing destination, the World Bank put it a 38 for ease of doing business, while Bloomberg places it as the sixth best country for doing business.

If your looking to extend your operation across Europe, Bulgaria could be the ideal destination, so here’s all you need to know about exporting to Bulgaria.

Around the world Conference calling Guides & How-Tos

Brazil is the biggest economy in Latin America, with larger states such as São Paulo having a bigger economy than neighboring nationArgentina. Brazil is also the world’s seventh biggest economy with a Gross Domestic Product (GDP) of USD 2.3 trillion.

The UK and Brazil have a burgeoning trading relationship in place – UK goods exports to Brazil more than doubled in the decade between 2002 and 2012, and services exports increased by 59% in the five years between 2009 and 2014. And even though overall imports to Brazil dropped by 14.3% in 2015, the number of UK goods exported to the country only fell by 5%.

If you’re thinking of exporting to Brazil, the top UK exports include:

  • Chemical products (mainly fungicides)
  • Electrical appliances
  • Machinery
  • Pharmaceuticals
  • Vehicles

If Brazil looks like a good opportunity for your business, here’s all you need to know about exporting there…

Around the world Conference calling Guides & How-Tos