A blog by the TransportCloud team. We write about shipping, E-Commerce, international business, and customs.
The United Kingdom is one of the world's most connected countries regarding global trade. The country exported over £340 billion ($391 billion) in goods in 2021. In recent years, exporters have geared up export volumes. For instance, the UK recorded a 1.7% increase in its export records from 2020 to 2021. Essentially, the UK export market is consistently growing, and new opportunities are emerging. However, many prospective exporters are often confused about how to go about exporting goods from the UK to foreign markets. This article will shed light on this. Read more...
The trade relations between China and the UK are strong. In 2021 alone, the UK imported goods worth over £63 billion from China. These Chinese imports accounted for about 13% of the UK's total imports in the same year. Based on these figures, it is safe to say that there is great demand for Chinese products in the UK. Thus, it is unsurprising that China has recently become the UK's largest import market. However, as lucrative as Chinese imports seem, importing goods from China to the UK can be complex. This article will discuss the necessary points you need to… Read more...
The United Kingdom is a lucrative market for many importers. Besides the country's position as an economic superpower, UK residents generally have a strong purchasing power compared with residents in other countries. The UK's per capita income was over $47,000 in 2019, and the country's total imports peaked at over £542 billion ($658 billion). These figures show that the UK holds immense opportunities for importers.
This article will provide importers with some insight on the kind of products to import into the UK. Read more...
There has been a great deal of change in the UK-EU trade, whether it is because of Brexit or new regulations, it has become more confusing and difficult. On January 1, 2021, the Trade and Cooperation Agreement (TCA) went into effect. Under the UK-EU TCA, Great Britain's imports from the EU have permanently changed, Let’s see how? Read more...