Suffolk Chamber has urged businesses across the county to ‘look beyond our shores’ as national research suggests that 50 per cent of businesses have not considered expanding their offer overseas.
“This important national research means we are calling for two things,” said John Dugmore, the chief executive of Suffolk Chamber.
“Firstly we are encouraging more Suffolk businesses to ‘look beyond our shores’ and secondly there needs to be increased support for both existing and potential exporters so the UK can fulfil its true potential as a leading export nation.”
The report, published by the British Chambers of Commerce considers the barriers facing existing and potential UK exporters and draws on responses from more than 4,700 businesses.
“The results show that while the majority of firms have ambitions to grow domestically, less than half are looking to expand their business overseas,
“This suggests there is great potential for further exporting activity to deliver economic and employment growth across Suffolk and the UK.”
Half of the businesses surveyed have ambitions to grow internationally, which shows that the UK needs to do more to take the fear out of exporting with a need to create an environment that makes it worthwhile for them to export.