Almost 50% of small exporters expect increased demand
USA and France cited as key centres of growth
Almost half of those small firms which trade internationally expect a rise in demand from their overseas clients over the next three months, according to a new survey.
Of the exporting entrepreneurs who responded to the survey from DHL Express, 46% predicted an upsurge in business, while 43% said they expect demand to remain constant.
Of those who expect to boost their exports, 22% said they believe the increased demand will come from the USA, while 20% cited France as the engine of growth.
A further 19% of respondents said they believe that export growth will centre on Germany, and 9% said the increase will come from China.
British exporters have already witnessed a significant rise in demand for their products. Figures from the ONS Trade in Goods Services study show that, in the past year, UK exports grew by 11.5%.
Discussing the figures, Phil Couchman, CEO of DHL Express, talked of the “turbulent period caused by the financial crisis,” but added that “it’s extremely promising to see UK businesses are confident about their future.”