Total Financial Wellbeing

Customs procedures 'still holding back UK exports', survey finds

14 Nov 2024

A survey carried out by the British Chambers of Commerce (BCC) has found that customs procedures remain barriers to UK exports.

45% of businesses surveyed said that customs procedures are preventing them from exporting, the BCC found. 40% of firms stated that geopolitical events have impacted their business over the past year.

It also revealed that most exporters are not familiar with new or upcoming changes to procedures. Many firms cited a need to improve access to the EU market, and also simplify trade regulations in order to boost exports.

Commenting on the survey, William Bain, Head of Trade Policy at the BCC, said: 'Though the picture has improved slightly in the last 12 months, customs procedures remain a significant stumbling block to trade for businesses.

'Successful exporting businesses are crucial to a thriving UK economy. We need roadblocks lifted to allow more companies to offer their goods and services on the global stage.

'Our forecasts show the trading environment will continue to be challenging over the coming years, against a backdrop of geopolitical uncertainty.'