Greater Lincolnshire LEP in partnership with the Department for Business and Trade (DBT) has published a new report outlining how the region can build on its competitiveness, drive productivity and create more jobs by increasing international trade.
The Greater Lincolnshire economy has an international presence in a number of the key sectors in the economy, with businesses exporting and importing goods and services across the globe. However, Greater Lincolnshire area lags behind the rest of the region in terms of the number of businesses that export outside of the UK, we export only 5.6% of all goods leaving the East Midlands.
The strategy sets out a series of recommendations that aim to increase international trade levels across the Greater Lincolnshire LEP region.
Greater Lincolnshire has major international strengths through it’s Agri-Food, Defence and Cyber Security, Healthcare and Low Carbon sectors which are sectors that are growing strongly in a number of countries.
The strategy also highlights a number of emerging markets that match the strengths in the GLLEP regions and which local businesses could explore and businesses can access a variety of support opportunities both locally and nationally to help them become more confident and active in overseas markets.
The full report can be downloaded below.