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UK Trade Outlook: July 2021

The outlook for UK trade is positive this month. Exports of goods from the UK to EU are reaching new highs, and UK is forging strong trade alliances with Australia, Japan, and the US. Goods exported from the UK to the European Union (EU) reached its highest level since October 2019 in May this year. […]

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Irish Exports Set to Grow in 2021

In a post-Covid recovery plan released this month, the Irish government revealed a 4% economic growth projection, property tax increases, and a push toward a greener Irish economy, but what did this plan have to say about Irish exports? The plan suggested a positive outlook for exports, with Enterprise Ireland stating that Irish exporters are […]

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US Offshore Wind Farm Industry Set for Rapid Growth

The Biden administration is seeking to spark a development boom in the US’s offshore wind industry, having outlined its commitment to the US offshore wind industry by setting a target of deploying 30 gigawatts of generation capacity — enough to power about 10m homes for a year — from turbines operating in coastal waters by 2030.

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Virtual Trade Shows- An Opportunity for SMEs?

In a time where sales are at a historic low due to COVID-19, it becomes especially important to focus on supporting small and medium enterprises (SMEs), who are bearing the brunt of the pandemic’s setbacks. One of the ways in which SMEs have been harmed is with the complete dissolution of physical trade shows because of social distancing measures.

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Sector Update: Electric Vehicles

The End to a Battery Battle Paves the Way for Ford and Volkswagen’s Electric-Vehicle Race

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Volta Readies Electric Trucks for Europe

Swedish-based Volta Trucks reported to be readying an electric commercial vehicle for the European market, but instead of sourcing parts directly from the European components market, it is instead relying on suppliers based in the United States for key components and parts used in these vehicles.

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GM and LG Spend $2.3bn on EV Battery Plant in U.S.

General Motors made an unexpected electric-vehicle announcement about building a second battery plant with Korean-based LG Chem. “The addition of our second all-new Ultium battery cell plant in the U.S. with joint venture partner LG Energy Solution is another major step in GM’s transition to an all-electric future,” CEO Mary Barra.

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Brexit and UK Trade- What You Should Know

If you have not imported goods into the UK before, here are the essential things that you need to know

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Exporting- Is it Right for You?

Is exporting right for you? First time exporting can be a lengthy process and there are risks involved, but the potential payoffs are strong.

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