Coronavirus (COVID-19): Advice for Exporters

The unprecedented and ongoing global COVID-19 outbreak is presenting enormous challenges for businesses of all sizes and in all sectors including, of course, those who export. 

Due to the fluid nature of this situation, it is important that exporters take account of the range of advice and guidance available to help inform their decision-making throughout this period.  Proactive communication with employees and your range of business partners (suppliers, logistic providers, distributors, banks, retailers, e-commerce platforms, etc) about potential impacts on your business is vital. 

This being the case, we have set out below a variety of sources of the latest information and support for exporters as well as more general business advice and support.  

Export Information:

International Travel

The Foreign & Commonwealth Office has advised against all but essential overseas travel. For the latest travel advice please visit https://www.gov.uk/foreign-travel-advice

The Department of International Trade (DIT)

DIT provides information on how they can assist with customs clearance, market updates and also support for impact on supply chain. For more information, visit https://www.gov.uk/government/publications/coronavirus-covid-19-guidance-for-uk-businesses/coronavirus-covid-19-guidance-for-uk-businesses-trading-internationally

UK Export Finance (UKEF)

UKEF works with banks and insurance brokers to help companies of all sizes fulfil and get paid for export contracts. It provides guarantees, loans and insurance on behalf of the government that can protect UK exporters facing delayed payments or transit restrictions. For more information, visit

https://www.gov.uk/government/organisations/uk-export-finance

Export Documentation

For the latest information on export documentation, please visit your Chamber of Commerce

https://southwaleschamber.co.uk/what-we-do/international/

https://wcnwchamber.org.uk/exporting/

Export Licenses

The Export Control Joint Unit (ECJU) is taking measures to ensure there will be minimum disruption to the export license application process. For more information

https://www.gov.uk/government/publications/notice-to-exporters-202008-coronavirus-covid-19-export-licence-handling

Welsh Government Export Hub

The Welsh Governments Export Hub is an online resource that provides you with live information, including market reports, tenders, customs duties, taxes, compliance documents and export-import flows. To log in and use this tool, visit

https://export.businesswales.gov.wales/en/welcome

Welsh Government Trade Missions

A number of Welsh Government trade missions and exhibitions have been affected by global concerns around COVID19 and updates (including postponements and cancellations) are made on the Business Wales Export Zone. The link is below.

https://businesswales.gov.wales/export/export-events/overseas-events/list

General Business Information:

For general business advice, including information on the support from Welsh Government and the UK Government, please visit -

https://businesswales.gov.wales/coronavirus-advice

https://businesswales.gov.wales/contact-us

 

Exiting the European Union

The UK is no longer a member of the EU, and we are in an implementation period that lasts until 31 December 2020.  During this time there will be no changes to the terms of trading with the EU or the rest of the world, unless the rules change for the whole of the EU.

From 1 January 2021, the way you trade with the EU will change, and you need to be ready to comply with new customs arrangements. 

 

To start your export journey, call 03000 6 03000 or contact us here

Whether you're offering services, licenses or products, exporting has the potential to transform almost every aspect of your business.  Aside from the obvious benefits of more sales and greater profits, successful exporters find that trading internationally gives them other advantages over their competitors:

  • businesses tend to become more flexible as they respond to market challenges
  • adapting services or products to serve new markets drives creativity and innovation
  • increased efficiencies through higher volumes and lower costs