South East ranks second for overseas trade as Trump’s tariffs see US exports drop 13.5%

As British exports to the US fall by almost a sixth (13.5%), new research from money.co.uk has revealed the top exporting regions where businesses could be hit the hardest by Trump’s tariffs.

The business finance experts have analysed ONS data to reveal the state of British exports.

The British regions leading in international exports

London

London leads in international exports. The region has 78,300 businesses trading overseas, accounting for one in six (16.5%) of the region’s companies. London is a global financial hub with strong infrastructure and international links. It also hosts many professional, scientific and technical service firms, which are key drivers of exports.

South East

The South East ranks second, with 50,200 exporting businesses. The area benefits from its location near mainland Europe. Key transport links like the ports in Southampton and Dover support overseas trade. The South East also has a strong manufacturing base and a growing digital sector, which attracts interest from international markets.

East of England

The East of England ranks third with 30,600 exporters (11.7% of local businesses). The region is a major player in food and drink, pharmaceuticals and machinery, contributing to its export strength. Key logistics hubs and research institutions also support its international reach, helping drive innovation and trade across borders. This includes Felixstowe Port, the busiest container port in the country.

Joe Phelan, money.co.uk business credit cards expert, said: “Global trade is constantly evolving, with new challenges and opportunities emerging all the time. For exporters, the key to success lies in staying flexible and adaptable, whether that means exploring new markets, diversifying product lines or adjusting supply chains.

“However, exporting introduces a unique set of financial pressures – from delayed payments due to lengthy shipping timelines to costs like duties, tariffs and currency fluctuations.

“For SMEs navigating international trade, managing cash flow becomes more complex and crucial. That’s why having the right financial tools, like business credit cards, can provide the agility and resilience companies need to navigate uncertainty and continue growing.

“A well-chosen business credit card can help to bridge these payment gaps. You can still cover the upfront costs like paying workers and unexpected freight or duty charges without negatively impacting cash flow. The interest-free period can give you breathing space while waiting for international earnings to come in.”

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Whitehead Monckton transitions to Employee Ownership Trust structure

Kent law firm Whitehead Monckton has announced its transition to become an Employee Ownership Trust (EOT), making it one of the few law firms in the country to embrace this ownership model.

Read More
News

Kent entrepreneur shortlisted for RICS UK Award

Kent businessman Alexander Galvin, director of London & Kent Surveyors, has been shortlisted for ‘Young Residential Surveyor of the Year’ at the RICS UK Awards – one of the most prestigious accolades in the built environment sector.

Read More
News

South East business confidence dips in October, but more firms plan to hire

Business confidence in the South East fell eight points during October to 41%, according to the latest Business Barometer from Lloyds.

Read More