Launched at the seventh UK – US SME Dialogue this export toolkit is designed for small- and medium-sized enterprises (SMEs) looking to trade between the 2 close allies.
The export toolkit helps SMEs find support in the UK from the Department for Business and Trade and other sources to help their business grow and export. It contains, advice, top tips and support for SMEs looking to grow their business in the UK and export to exciting markets such as the USA.
The US is an attractive market for UK SMEs and the opportunities to grow their business in the US is large. Approximately 32,000 UK SMEs exported £12 billion goods to the US in 2021, and around 36,000 SMEs imported £10.5 billion goods from the US. Currently, 84% of business exporters from the UK to the US are SMEs, employing almost 1 million people, and the US is the number one market for UK SMEs. Overall, we have more than £1.1 trillion invested in each other’s economies.
Exporting to new markets such as the US can help SMEs grow, innovate and increase their productivity and profitability. It is for these reasons and more that we aim to make the UK the best place in the world to start, scale up and grow a business. To achieve this, we provide extensive business support for SMEs and place them at the heart of our policy making. This toolkit outlines this support and how SMEs can access it to make the most of the opportunities the special relationship between the UK and US holds.
Explore the export toolkit here.
