British business has long been a powerhouse across the globe – in fact, the UK ranks seventh in the world for export activity. But while multinational operations from Land Rover to Burberry may dominate the headlines with their sizeable exports, British SMEs make their mark worldwide too. In fact, SMEs made up 84% of all UK goods exporters in 2021.
“Many small firms that trade internationally may not consider themselves as exporters,” says Lucy Monks, head of international affairs at the Federation of Small Businesses (FSB). “But in fact they are, even if they sell their goods or services overseas on a smaller scale than the big corporations.”
