How do UK companies feel about their future in the run-up to leaving the EU? And where are they focusing their energies? Our latest HSBC Trade Navigator survey (carried out in September 2018) takes the temperature of UK businesses and reveals some surprises.
Home to more than 8m people, the United Arab Emirates (UAE) is made up of Abu Dhabi, Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Quwain. Before joining together to become the UAE in the early 1970s, their economies relied upon fishing and pearls, until oil exports increased massively in the 1960s, which was an economic game-changer. The Emirates has since grown to become a key regional trade and tourism hub.
Trading internationally can be an exciting opportunity to take your business to the next level. But at the same time, exporting and importing present a new set of financial challenges.
Whatever the outcome of Brexit negotiations, EU markets are likely to remain attractive to UK companies. A long trading history, strong relationships and accessibility often make them the first choice for companies looking to expand. As part of a growth strategy, though, other regions can offer an equally compelling proposition. Here’s just four markets you may want to consider.