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:
If you’re planning on doing business in Africa, here’s all you need to know about exporting to Kenya…
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…
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…
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…
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…
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…
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…
Hong Kong is the world’s eighth largest trading economy and an international financial centre for channeling goods and capital in and out of China.
If you’re looking at trading in the Far East, Hong Kong is the perfect place to start – here’s everything you need to know about exporting to Hong Kong…
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…
Dubai is the UK’s 12th largest export market and the largest in the Middle East with bilateral goods and services trade worth £10.6 billion.
And if you think it’s all about oil in Dubai, think again – the United Arab Emirates (UAE) has diversified its economy to the point where non-oil sectors now contribute more than two-thirds (70%) towards the nation’s gross domestic product (GDP).
More than 4,000 British companies, including BP, Shell, Rolls Royce, BAE Systems, Standard Chartered, HSBC and RBS, operate from the UAE, while 779 commercial agencies and 4,762 British brands have invested there.
If you’re thinking of joining them and doing business in, or exporting to Dubai or anywhere in the UAE, here’s all you need to know…