Wales Shows Highest Increase in ExportsIt’s clear that international trade is on the up. The latest figures from the British Chambers of Commerce and DHL trade confidence index revealed a 2.85% increase in exports in the UK compared with Q1 2013 – the highest increase since Q3 2007 – but Wales saw the highest increase, with a rise of 11.53%.
Japanese SuccessA trade mission to Japan was another success story for two Welsh businesses, who say they are close to agreeing distribution partnerships following a visit to the market. Bodelwyddan-based Clogau Gold and The Abergavenny Fine Food Co. were among a cohort of Welsh businesses that returned from a trade mission to Japan with success stories. Clogau Gold are in the process of formalising an agreement for distributers to sell the Welsh jewellery onto the Japanese high street from October, and The Abergavenny Fine Food Co. have secured a deal with the Japanese arm of the membership warehouse, Costco.
US DelegationCircle IT and Sequence were among seven Welsh companies who attended the Microsoft World Conference (WPC) in Houston, which attracted more than 14,000 delegates from 160 countries to discuss key subjects driving the technology sector worldwide. The aim of the trip was to open up international networking opportunities with other partners and Microsoft employees. Paul Thomas, sales director at Sequence, believes the trip was “essential” for the Cardiff-based business.
Concrete CanvasConcrete Canvas which sells its highly innovative products to 40 countries around the world is increasing its export drive – making serious inroads into South America and plans to penetrate the lucrative Russian market. Last year it secured a £2m deal selling its product - fabric impregnated with a dry concrete mix - to Chilean gold mines. It was used to line water channels that carry off glacial melt, preventing the run off entering the mine workings which could contaminate the water and cause flooding. Exports now account for 85% of the company’s turnover, selling to 40 countries around the world from Concrete Canvas’ HQ in Pontypridd. To keep abreast of the latest international trade talk and market overviews visit www.walesworldwide.org.
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