Will exports grow following Brexit?

Question

Do you see international exports growing with Brexit?

Is this primarily price and currency driven?

This question was asked as part of our pricing webinar during the food and drink feature for 2016. You can catch up with this webinar at:

http://opentoexport.com/webinars/food-and-drink-2016-setting-the-right-international-price-for-export/

Answer

We are certainly seeing a huge uplift in export activity among our clients since the Brexit vote. We are translating more marketing content into European and non-European languages than ever before as our clients are taking full advantage of the pound being valued keenly against other currencies especially the Euro and Dollar. Interestingly there is no uplift in our work from overseas clients, suggesting that in the current climate businesses outside the UK aren’t chasing orders from UK clients as the Euro for example is valued so high against sterling that their goods or services would appear expensive against UK based suppliers selling in sterling.

Ben Wyatt – CEO of www.technical-translations.co.uk

Menu
Export Action Plan