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Lithuania is one of the EU’s fastest-growing economies – a quick exit from recession has seen its economy grow by an average of about 2.5% over the last few years.

The largest of the Baltic nations, Lithuania offers a gateway to Russia, where almost a quarter (21%) of its exports end up. If you plan to use the country as an entry point to Russia though, bear in mind relationships are tense between the two countries (Lithuania only regained independence as recently as 1990), and the Russian government is not averse to banning certain goods, imposing temporary embargoes, and making life difficult for anyone looking to cross the border.

On the plus side, this doesn’t appear to have had too great an impact on trade with the UK, which has a 4.2% market share in Lithuania and exports around €1 million of goods there each year – this is definitely a growing market with a lot of potential.

The top UK exports to Lithuania include:

  • electrical machinery
  • machinery, mechanical equipment and spare parts
  • optical, precision and medical devices and equipment
  • plastics
  • transport vehicles
  • chemical products
  • essential oils, resinous plant exudates, cosmetics and toiletries
  • footwear
  • furniture, home textiles
  • food products

If you’re looking to tap this growing market, here’s everything you need to know about exporting to Lithuania…

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The UK is Latvia’s eighth largest export market, with exports of goods and services between the two countries worth around £745 million.

The top UK exports to Latvia are:

  • machinery
  • wood
  • metal
  • electrical equipment
  • textile
  • transport vehicles

If you fancy doing business in one of the EU’s fastest growing economies, here’s everything you need to know about exporting to Latvia…

Around the world Conference calling Guides & How-Tos

Although UK exports to Kenya have been in decline recently, the UK is still one of the largest foreign investors in the east African nation, with bilateral trade between the countries worth more than £1.3 billion.

The top exports from the UK to Kenya include:

  • tea
  • vegetables
  • crude vegetable materials.

If you’re planning on doing business in Africa, here’s all you need to know about exporting to Kenya…

Around the world Conference calling Guides & How-Tos

There are around 450 British companies currently operating out of Japan from major FTSE 100 companies to SMEs – from high street names like Lush, Ted Baker and Fortnum & Mason to more niche offerings from the like of BrewDog.

And larger multinationals like Barclays HSBC, GlaxoSmithKline and Rolls-Royce also have a strong presence in Japan.

If you’re thinking of joining them, here’s everything you need to know about exporting to Japan…

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Israel is a highly-developed and westernised market that has a growing trade relationship with the UK – Israel is now the UK’s fourth largest market across the Middle East and Africa, with exports worth £1.3 billion, while bilateral trade regularly tops £3 billion year-on-year.

The region is not without it’s problems though, and the Foreign Office advises against travel to certain areas – for the latest information, check out the latest travel advice at GOV.UK.

For everything else you need to know about exporting to Israel, read on…

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The last few decade hasn’t been great for Ireland’s economy as it slipped into recession for the first time since the 1980s. So bad was the financial crisis that was described as the country’s worst period since the potato famine.

It was eventually bailed out by a trio of international lenders who stepped forward with a €67.5billion loan in 2010 and three years later became the first of the eurozone states to exit its rescue programme. Greece, Cyrpus and Portugal are still involved in rescue programmes.

Ireland is on course to be the fastest growing economy in the euro zone for a fourth straight year, according to Davy Stockbrokers.

These days though, the Irish economy is in great shape – after years of economic downturn and a subsequent bailout following the 2008 global crash, the Bank of Ireland’s latest economic forecast has seen it revise the Emerald Isle’s gross domestic product growth projections from 3.2% to 4.8% this year and to 3.8% from 3.1% for 2018.

If you’re not already doing business out there, it’s time you were – Ireland is the UK’s fifth largest export market and imports more from the UK than any other country – mainly food, drink, clothing, fashion and footwear – and the UK accounts for 34% of imports into Ireland.

In 2012, total trade in goods and services from the UK to Ireland was £27 billion and two-way trade stands at €1 billion.

Here’s everything you need to know about exporting to Ireland…

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Business is booming in Indonesia – its 252 million inhabitants make it the biggest country by population in south east Asia and the fourth largest in the world, it’s currently the 16th largest economy in the world and is forecast to become the seventh largest by 2030, and maybe even the fifth largest within the next two decades.

If you’re looking to tap into the potential of this massive market, here’s everything you need to know about exporting to Indonesia…

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Doing business in India isn’t easy, and it takes a lot of patience and a solid, long-term strategy to crack markets that vary considerably across a vast country of 29 different states and seven union territories.

But if you’ve the time, patience, and means to tackle it, you’ll be opening your business up to one of the world’s fastest-growing economies, and a goods and services export market worth around £8.5 billion.

Here’s everything you need to know about exporting to India…

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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…

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