Speak up! This is what eBay want you and thousands of other UK-based small and medium-sized businesses selling on their platform to do, as your voices must be heard in future trade negotiations.
The eCommerce giant’s message has a lot to do with the company’s new data highlighting the contribution of British SMEs to UK exports.
The data, which was gathered from 200,000 SMEs, showed that 64% of sellers on eBay UK have exported products internationally, and export sales have grown more than 25% in the past five years.
Where are you exporting your goods?
Based on eBay’s data, the top three markets of UK SMEs on their platform are the USA, Germany and France.
Mobile phones, watches and laptops constitute their primary exports. However, electric hair removal devices are the top choice in exports to the USA, Dyson cordless vacuum cleaners are the most in demand in France, and digital cameras dominate exports to Germany.
The report also mentioned that uniquely British products are exported internationally. Among these are weed killers to France, Warhammer games to Australia, and CDs, DVDs and Blu-Rays to the Philippines, which is the country that has seen the biggest growth in export sales from eBay UK in the past 12 months, growing at over 20% year on year.
As to the reason of publishing this data, Rob Hattrell, vice president for eBay UK, said:
“The debate about business in Britain has often ignored the contribution of UK small businesses to international trade. When it comes to the big issues like Brexit, trade deals, and Britain’s economic future, small businesses, which are the lifeblood of the economy, should have a far greater voice.
“The reason we’re publishing this data is to show there are small businesses up and down the UK working hard, day in day out, to grow and build their businesses. Through eBay, many have become international exporters for the first time and been able to access new markets. It’s high time the voices of these entrepreneurs are heard.”
In response to this, International Trade Secretary Liz Truss said the government will continue to support SMEs now and after “we leave the EU on 31 October and sign new trade deals with our international partners.”
How are your overseas sales on eBay doing so far? We’d love to hear from you in the comments below.
As always, to your continued success,
Dave & Matt