2018 Quarterly International Trade Outlook

The Quarterly International Trade Outlook, published by the BCC and DHL for the first quarter of 2018, shows that exporters are being hampered by widespread labour shortages, particularly in manufacturing, where two-thirds of firms struggled to recruit in the first quarter of 2018.

Both sectors are being severely hampered by the prevalence of skills shortages. Of those recruiting, 66% of manufacturers and 57% of services exporters are struggling to find the right staff, according to the survey of over 3,300 exporters. In the manufacturing sector, the greatest difficulty was in finding skilled manual and technical labour (66%) and in the services sector, it was professional and managerial level positions (53%).

Addressing the growing skills gap is a joint responsibility for business, government and the education sector. Companies themselves must do more to invest in training, but to do that they need to be confident that the apprenticeship and training system is fit for purpose – particularly with regard to the apprenticeship levy and the implementation of new frameworks, where businesses have raised significant issues to government in recent months.

The full Quarterly International Trade Outlook report can be viewed here

East Lancashire Chamber of Commerce’s International Business Director Mandy Lockett said:

“Exporting need not be a daunting undertaking, whilst many international markets have their challenges being equipped with the right skills and knowledge helps individuals and businesses to overcome these. From knowing how to quote, understanding the additional costs, negotiating a profitable sale, transacting the shipment smoothly, knowing the documentation required, all these skills and many more are a necessity for developing and growing your export business successfully. Here at the East Lancashire Chamber all this is available on your doorstep plus many more cost saving services.”

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Check out our glowing testimonial from one of our graduates:-

“Before I started the foundation award I had very little knowledge of exporting, the courses have really helped me develop the knowledge and understanding of what goes in to all aspects of exporting. From documentation to using the right commodity codes, I have left every class feeling more confident about dealing with exporting jobs. I would recommend any of the courses for both beginners & people that have been dealing in export for a while, it is always good the refresh your knowledge”

JIMMY CASH – Lighting and Illumination Technology Experience Ltd

For more information please contact Stephanie Warrington on 01254 356473 or s.warrington@chamberelancs.co.uk

2018-06-11T13:15:30+00:00May 30th, 2018|International Business|
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