The road to seamless trade for small businesses

By MGC Import Export Consultants Ltd

25 Aug 2023

International-Trade.jpg.jpg

Following a report by the Federation of Small Business (FSB) relating to international trade and an MGC article in the LBV Hub referencing the Electronic Trade Documents Bill a couple of weeks ago, we thought it might be useful to highlight a few key takeaways from the FSB international trade report:

“By making it easier, cheaper and more attractive for SMEs to do business internationally, we have the opportunity to unlock the advantages of trade for small businesses and boost growth across the whole economy…”

International trade allows businesses to reach a wide range of customers and markets, boosting sales and growth. Many of the UK’s vibrant small business community have already embraced the opportunities of overseas trade, but we know that SMEs have a lot more to offer the world, from high quality food and drink to world-class manufacturing.

While small firms are extremely agile, innovative and resilient, there are undeniable barriers that make trade more difficult - current and potential exporters report being deterred by burdensome paperwork and high costs. The majority of these challenges are financial or logistical in nature, from high shipping costs to filling out complex paperwork.

Recommendations to help the situation and improve from the FSB report are as follows:

Improving trade infrastructure

The UK government should deliver an effective and small-business friendly Single Trade Window (STW) - an online portal that will bring in a ‘once and done’ approach to government collection of the data traders need to provide to export or import. To achieve this:

  • HMRC should carry out and publish a comparative analysis of countries that have already implemented a single window for customs and report on best practices.
    HMRC should deliver the STW within a realistic timeframe that allows for robust testing.
  • The Home Office should deliver consistent, high-quality customs training to Border Force staff. Government should encourage close cooperation between customs authorities in the UK and its trading partners.

Knowledge and guidance

  • The Department for Business and Trade should further develop and promote the Export Support Service (ESS).
  • The Department for Business and Trade should target resources towards small businesses with high export potential. 
  • HMRC should develop new funding streams for small businesses to invest in private sector support. 
  • The UK government should commit to passing and implementing the Electronic Trade Documents Bill. 
  • The UK government should champion digital trade through its diplomatic efforts around the world. The UK government should drive forward its support for digital trade via multilateral initiatives such as the WTO Joint Statement Initiative on e-Commerce, and its bilateral Free Trade Agreements.

Making trade easier, cheaper and more attractive

  • The Competition and Markets Authority should provide a ‘year on’ update from the Five Eyes working group on supply chain disruption and going forward should provide annual update reports.
  • The UK government should continue to implement and promote trade facilitation measures. The government must complement delivery of the Single Trade Window with awareness raising initiatives, such as a dedicated roadshow or resources on the new Help to Grow site.
  • The UK government should adopt a ‘think small first’ approach to customs policy development. Policymakers must place small businesses at the heart of new trade and customs structures to avoid disproportionate cost or administrative burdens.

In summary then, lots to think about.... but if the government can help build on this development pathway, international trade should become easier and more consistent making it possible for a range of products (and services) to be exported from the UK across the world. MGC is well positioned and knowledgeable and we are keen as a company to help you steer through these opportunities.

Latest news

1

Morecambe shortlisted in National Visa Awards celebrating the UK’s thriving towns David Waddington and John O'Neill

Morecambe shortlisted in National Visa Awards celebrating the UK’s thriving towns

04 Jul 2025

2

County council sets out 'areas of focus for 2025-26 in document Coun Stephen Atkinson

County council sets out 'areas of focus for 2025-26 in document

04 Jul 2025

3

Warden Construction completes project to help Preston school double pupil numbers Warden Construction completes project to help Preston school double pupil numbers

Warden Construction completes project to help Preston school double pupil numbers

04 Jul 2025

4

Grant Thornton advises RJ Power Networks on sale to Ipsum Jamie Roberts

Grant Thornton advises RJ Power Networks on sale to Ipsum

04 Jul 2025

5

College principal resigns Karen Buchanan

College principal resigns

04 Jul 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV123 July/August Launch Event
Lancashire Business View magazine launch
Networking
16 Jul 2025

LBV123 July/August Launch Event

Burnley

08:30 - 10:30

Lancashire Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Tri-Site Survey Equipment Showcase
unnamed (2).jpg.jpg
LBV Hub Seminars
09 Jul 2025 - 09 Jul 2025

Tri-Site Survey Equipment Showcase

Crow Wood Hotel, Burnley, BB12 0RT

09:30 - 16:00

Blackburn Cathedral hosts Champagne and Diamonds Event with Ainsworth Jewellers
Champagne-Jewellery 10 07 25_page-0001.jpg.jpg
LBV Hub Awards
10 Jul 2025 - 10 Jul 2025

Blackburn Cathedral hosts Champagne and Diamonds Event with Ainsworth Jewellers

Blackburn Cathedral, Blackburn, BB1 5AA

18:00 - 20:30

Choose Chorley for Business - Talent Reimagined Business Breakfast
talentreimaginedbb.png.png
LBV Hub Seminars
10 Jul 2025 - 10 Jul 2025

Choose Chorley for Business - Talent Reimagined Business Breakfast

Strawberry Fields Digital Hub, Chorley, PR71PS

08:00 - 10:30

Shaping Preston's future by remembering its past
1750160034867.png.png
LBV Hub Networking
16 Jul 2025 - 16 Jul 2025

Shaping Preston's future by remembering its past

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 20:30

Chamber Summer BBQ
LBV Hub Social
17 Jul 2025 - 17 Jul 2025

Chamber Summer BBQ

The Borough, Dalton Square, Lancaster, LA1 1PP

17:30 - 20:00

Preston Tech Connection: Web3 is Dead. Or is It?
July Longer Banner.jpg.jpg
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Web3 is Dead. Or is It?

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Preston Freelancer Meet-Up: July
Longer July Banner.jpg.jpg
LBV Hub Networking
31 Jul 2025 - 31 Jul 2025

Preston Freelancer Meet-Up: July

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV122 Online Graphic
Subscribe now

Weekly news bulletin