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UK Trade in 2025: Signs of Strength in a Shifting Global Landscape
In a year marked by economic recalibration and global uncertainty, the UK’s trade sector is showing signs of resilience — and even quiet strength.
Recent figures from the Office for National Statistics (ONS) reveal that UK goods exports rose by £6.3 billion (7.3%) in Q1 2025 compared to the previous quarter. That’s not just a recovery metric — it’s a signal that UK businesses are actively re-engaging with global markets, particularly beyond Europe.
A Pivot to Non-EU Markets
One of the most notable insights in the latest data is the increase in trade with non-EU countries. Exports to the United States alone rose by £2.4 billion, bolstered by a newly inked UK–US trade agreement that slashes tariffs on major exports like vehicles, steel, and aluminum.
This pivot away from traditional EU markets toward diversified trade partners is a trend worth watching. For UK exporters, this isn’t just policy — it’s a strategic reality.
The Bigger Picture: Trade Policy and Growth Outlook
The IMF recently upgraded the UK’s GDP growth forecast for 2025 from 0.9% to 1.2%, citing better-than-expected performance in early-year indicators. While this may not scream boom, it does suggest a stabilising economic foundation that could support international trade growth in the medium term.
Additionally, the Department for Business and Trade has outlined new export support programs aimed at SMEs, offering sector-specific assistance and matchmaking with overseas buyers — especially in high-growth regions like the Gulf, Asia-Pacific, and Africa.
Export Confidence Rising — But Caution Remains
According to an HSBC survey of UK businesses, 92% expect to increase exports over the next two years, despite ongoing concerns around operational costs and compliance complexity. The appetite for global expansion is clearly strong — but success will hinge on how well businesses adapt to new norms around digital trade, ESG standards, and supply chain resilience.
How Export Unlocked Can Help
In this fast-evolving landscape, Export Unlocked is here to support UK businesses of all sizes in navigating global trade challenges. Whether you’re just starting out or expanding into new regions, we offer strategic guidance on:
Entering high-growth markets with confidence
Understanding trade compliance, documentation, and tariffs
Building international sales pipelines
Accessing government support and grants
Our approach is tailored, practical, and built on experience across multiple industries and regions.
Book a free 15-minute consultation to discuss your export goals and challenges here
Sources:
Office for National Statistics (ONS), March 2025 Trade Bulletin
IMF World Economic Outlook, May 2025
UK–US Trade Agreement Summary, May 2025 (Whitehouse.gov)
HSBC Global Trade Survey 2025