The Department for International Trade has unveiled its new “Made in the UK – Sold to the World” plan to double the number of British exports. Boosting trade links across the world is a key part of Boris Johnson’s post-Brexit Global Britain vision.
The UK exported £600billion in goods and services last year.
Ministers want to see that rapidly increase and have unveiled a 12-point plan as part of the Government’s “Race to a Trillion” strategy.
International Trade Secretary Anne-Marie Trevelyan said: “This is a defining moment in our national trading story.
“As we agree ambitious new trade deals around the world, it is more vital than ever that businesses across the UK take advantage of these opportunities and unleash their full exporting potential.
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“Our export strategy will help more businesses start exporting and help those who already export to sell more products to more countries.
“Reaching £1trillion worth of exports by the end of this decade means more jobs, more opportunities and higher wages helping the UK to level up and build back better.”
The 12-point plan includes introducing an Export Support Service that offers a “one-stop-shop” for exporting advice, launching UK Tradeshow programme to help promote British businesses, and expanding the department’s Export Academy.
Officials hope that boosting exports will not only help promote the UK abroad but will also help level up the United Kingdom.
The Department wants to see the higher levels of exports seen in the South East of England to be replicated across the whole of the country.
Government research had found exporters pay higher wages and are on average 21 percent more productive.
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Exports also currently support 6.5 million jobs across the UK.
Currently, Britain is falling behind countries such as Germany, Denmark and the Netherlands for the number of exporters.
Only around one in ten British firms export at present.
Exports minister Mike Freer, said: “We know businesses are at different points on their exporting journey.
“Some are already successful exporters but want to sell more products or reach new markets.
“Others are yet to take the leap and export for the first time.
“Whatever your story, our tailored support, expertise and international network is here and ready to help you maximise your ambitions and sell to the world.”
When the Prime Minister won the 2019 general election he pledged to create more opportunities across the whole of the UK to improve wages and quality of life.