6 ISSUES FOR JUST £6 Subscribe to Business & Professional Life today CLICK HERE

Lloyds Bank Commercial Banking marks the start of Export Week

PUBLISHED: 10:12 10 November 2015 | UPDATED: 10:12 10 November 2015

David Atkinson, Head of Manufacturing, SME Commercial Banking at Lloyds Banking Group

David Atkinson, Head of Manufacturing, SME Commercial Banking at Lloyds Banking Group


To mark the start of Export Week, Lloyds Bank Commercial Banking has released a snapshot of export activity among small and medium sized businesses across the manufacturing sector

SME Manufacturing: An Exporting SnapshotSME Manufacturing: An Exporting Snapshot

• Export levels are solid, with almost three quarters [71 per cent] of firms currently selling their goods or services abroad

• For those already trading internationally, the activity on average generates almost half [43 per cent] of their total sales turnover

• At the close of H1 2015, more than half [57 per cent] of manufacturers forecast an increase in their export activity during H2. This may in part be driven by concern over weakening domestic demand for products and services, which a quarter [26 per cent] of manufacturers said was a worry

• 35 per cent predicted their export levels would remain the same, while seven per cent forecast a decrease during H2

Target markets

Despite recent turbulence, the Eurozone continues to be a key target market for manufacturers, with 45 per cent of businesses increasing exports to the territory

Sales to the US and Canada, and Asia Pacific are also set to increase by 35 and 32 per cent respectively.

Establishing or scaling-up export activity can be a daunting prospect for businesses, but the benefits are many – as the manufacturers already trading overseas can testify. We are working with UKTI, through a strategic partnership, to support small firms’ export ambitions and provide insight, and support.

David Atkinson, Head of Manufacturing, SME Commercial Banking at Lloyds Banking Group said to underline our commitment to boosting international trade, we’ve pledged to grow our provision of trade finance to SMEs by 25 per cent. Lloyds Commercial Banking would encourage all businesses looking to develop their export strategy to get involved in one of the many excellent Export Week events being run across the UK.

For more information on the Export Week events being run across the UK, visit: www.exportweek.ukti.gov.uk


Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files

Please log in to leave a comment and share your views with other Cotswold Life visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Cotswold Life staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Cotswold Life account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

More from Cotswold Life


Festive a la carte menu launches in Grey’s Brasserie from 26th November.

Read more

Cotswold Life readers enjoy a complimentary glass of wine with our compliments when joining us for our Autumn Feast Lunch Offer.

Read more
Yesterday, 15:01

Harnessing the power of social media, charity awards and dreaming up new projects - it’s all in a day’s work for Gloucestershire children’s charity Pied Piper and its corporate supporters

Read more
Yesterday, 14:24

The fifth edition of the annual awards will be taking place from 6pm on Thursday, November 16 at the Tree Tops Pavilion, West Midland Safari Park

Read more
Yesterday, 14:15

“Joining forces with Advanced Insulation brings a significant benefit to Isoremov, the Brazilian insulation market and our potential for future growth.”

Read more
Yesterday, 13:58

“We are delighted to have achieved another strong set of results in this highly-respected independent guide.”

Read more
Yesterday, 13:45

An expert from accountancy, investment management and tax group Smith & Williamson is speaking at a major event in Gloucestershire this month which will put the spotlight on the housing crisis

Read more
Yesterday, 12:27

The Cotswolds’ very own Prince of Wales turns 70 this month, so we looked back on some of the highlights of his life and career, and wondered what birthday pressies we would buy for the man who has the world at his feet

Read more

The Warwickshire town of Alcester is considered one of the best understood Roman settlements in the country. Tracy Spiers digs below the surface to discover its hidden jewels

Read more

Thanks to the impact of ground-breaking comedy This Country, the quiet market town of Northleach has become one of the Cotswolds’ hottest film locations. Katie Jarvis is sent to investigate

Read more
Yesterday, 12:01

After a new home in the Cotswolds or looking to relocate within the region? We bring you 16 of the best housing developments in the area

Read more
Yesterday, 12:00

Whether you’re after something for an adults’ stocking filler, a little something while you slave over the turkey dinner or a tipple to enjoy with your festive party guests, we pick 9 drinks from the Cotswolds you need to try this Christmas

Read more
Mon, 17:02

From mini Norway spruces to luxury Nordman firs, here are eight of the best places to get a luscious, green tree in the Cotswolds this festive season

Read more
Mon, 14:04

The weekend is fast approaching and for those still deciding how to spend their Friday through to Sunday, we pick 5 of the best ways to spend your weekend in the Cotswolds

Read more

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Topics of Interest

Food and Drink Directory A+ Education

Subscribe or buy a mag today

subscription ad

Local Business Directory

Property Search