Close

Trade Confidence Outlook

The BCC’s Trade Confidence Outlook is the largest quarterly survey of UK exporters.

It assesses the percentage of UK exporters reporting a change in overseas sales, investment, and confidence. The data for the TCO is drawn from the BCC’s Quarterly Economic Survey (QES) – the UK’s largest independent quarterly business survey – which receives responses from around 2,500 exporters from across the UK, from all sectors and sizes.

Q4 2020 Trade Confidence Outlook

Q4 2020 Trade Confidence Outlook

These results illustrated the ongoing impact of the Covid-19 economic crisis on severely weakened business conditions, alongside the uncertainty that many exporters faced as the UK entered into a new trading relationship with the EU, as 41% of exporters reported decreased sales.

More optimistically however, 44% of exporters expected their turnover to increase over the next 12 months.

Find out more
Q3 2020 Quarterly International Trade Outlook

Q3 2020 Quarterly International Trade Outlook

The continuing global pandemic, coupled with the ongoing uncertainty of the UK’s departure from the European Union, makes current and future trading conditions very difficult for business.

Find out more
Q2 2020 Quarterly International Trade Outlook

Q2 2020 Quarterly International Trade Outlook

The first 6 months of 2020 have been an extremely challenging time for businesses trading both overseas and domestically, according to the largest independent survey of UK firms, released by British Chambers of Commerce.

The impact of Coronavirus has been felt at all stages of supply chains across every sector.

Find out more
Q4 2019 Quarterly International Trade Outlook

Q4 2019 Quarterly International Trade Outlook

Exporters continued to tread water through the final quarter of 2019 according to the largest independent survey of UK firms, released by British Chambers of Commerce and DHL Express.

Find out more
Q3 2019 Quarterly International Trade Outlook

Q3 2019 Quarterly International Trade Outlook

BCC Quarterly International Trade Outlook for Q3: Manufacturing exporters report stark drop in sales and orders

A majority of UK manufacturing exporters are reporting a stark worsening in sales and orders, with indicators showing a substantial drop compared to 2017 and 2018 levels.

Find out more
Q2 2019 Quarterly International Trade Outlook

Q2 2019 Quarterly International Trade Outlook

Many UK exporters are treading water at a time of deep uncertainty, according to the latest Quarterly International Trade Outlook from the British Chambers of Commerce, in partnership with DHL.

The survey of 3,400 exporters found nearly two-thirds (63%) of manufacturers report exchange rates as a concern to their business, indicating the pressure from sterling volatility.

Find out more
Q1 2019 Quarterly International Trade Outlook

Q1 2019 Quarterly International Trade Outlook

More UK exporters are reporting a decrease in orders in the opening quarter of the year, with cashflow and confidence dipping too according to the latest Quarterly International Trade Outlook from the British Chambers of Commerce, in partnership with DHL.

The report based on the responses of over 3,400 exporters shows that one in five manufacturers (23%) and service firms (20%) saw their export order books decline in the first three months of the year – the highest for both since Q2 2017 when records began.

Find out more
Q4 2018 Quarterly International Trade Outlook

Q4 2018 Quarterly International Trade Outlook

The percentage of both manufacturing and services exporters who are expecting to increase their prices has risen in the past three months, as international traders struggle with the value of the pound and pressure from the cost of raw materials and other overheads, according to the latest Quarterly International Trade Outlook from the British Chambers of Commerce, in partnership with DHL.

The report, based on a survey of over 2,600 exporters, and export documentation data, shows that nearly half (49%) of manufacturers and 39% of services companies plan to raise their prices, up from 41% and 34% respectively.

Find out more
Q3 2018 Quarterly International Trade Outlook

Q3 2018 Quarterly International Trade Outlook

It’s a time of considerable change and turbulence for many UK’s exporters. The uncertainty of Brexit continues to weigh on many, as does currency fluctuations and global trade turmoil, which can dent confidence for firms trading goods and services across borders.

That said, UK businesses are resilient, and many exporters continue to perform strongly in the current circumstances. Confidence in turnover is strong but concern over exchange rates remains high in light of sterling volatility.

Find out more
BCC says ONS GDP figures offer some hope for the future

BCC says data for February 2021 shows modest growth and a further boost is likely as economy reopens but warns that continued improvement is not guaranteed.

Helping the UK hit net zero emissions by 2050

Businesses across the UK are looking at how they can reduce their carbon footprint and bring their overall emissions as close to zero as possible, to help the UK hit its legally binding target of net zero emissions by 2050. But for some industries, this presents a far greater challenge than others. Find out more about how Drax can help.

Four in Ten UK Exporters Reporting Decreased Sales in Q1 2021

The British Chambers of Commerce’s Trade Confidence Outlook for Q1, released today, has revealed the stark issues facing UK exporters in the first months of this year. The survey of more than 2,900 UK exporters revealed that the percentage of firms reporting decreased export sales had increased to 41%, up from 38% in the previous quarter. The percentage of businesses reporting increased export sales fell to 20%, down from 22% in Q4 2020. 40% reported no change in their export sales.

BCC Welcomes Global Travel Framework But Warns Questions Remain

 Responding to the publication of the Global Travel Taskforce Framework for International Travel, British Chambers of Commerce Director of Policy James Martin said: “The sector has been hard hit in the last year, with prolonged uncertainty about when the full resumption of travel will be possible. This framework provides some welcome clarity however much uncertainty remains around what countries will be on the green list come May 17th.