Cargo ship (2)

There is a record number of British businesses interested in exporting through the government-brokered opportunities, according to UK Trade & Investment (UKTI).

Launching 'Exporting is GREAT Week', UKTI said 20,000 businesses have express an interest in such opportunities since November. The organisation said that UK businesses have the chance to export every 37 minutes, with the number of opportunities listed on Exporting is GREAT rising by 40 every day.

Trade and Investment Minister, Lord Price, said: “We have a proud history as a trading nation. The development of digital technology has the potential to give even the smallest company a global reach and access to attractive new markets.

“This government is committed to supporting 100,000 more UK businesses to export by 2020. Exporting is GREAT Week is the perfect time to inspire companies to take advantage of the world of opportunity out there and the global demand for British products, skills and expertise.”

Running from 18-22 April, 'Exporting is GREAT Week' sees around 90 events take place across the UK to help more first-time exporters make exporting work for them. Companies are increasingly realising the benefits of strengthening their overseas business, with new exporters making up nearly a fifth of UKTI customers (19%).