The British Chambers of Commerce (BCC) annual international trade survey gauges UK businesses’ appetite for international trade and the opportunities and barriers they face both domestically and internationally.
The service sector holds the key to unleashing the export potential of the UK – with its £86bn trade surplus partly offsetting the UK’s £121bn trade deficit in goods. The service sector is strong, and encouraging more service firms to export, could go a long way in helping to achieve the government’s target of doubling exports to £1 trillion by 2020 - and towards eliminating the UK’s long-standing trade deficit.