Industry

Exports to break £1trillion target early


Britain is on track to smash its £1trillion target for exports before 2030.

Lord Offord, Minister for Exports, put the goal at the heart of the 2021 export strategy.

Marco Forgione, director-general of the Institute of Export & International Trade, said: “We are now sat in 2023 and it looks like that will not only be met but the Exports Minister himself is pressing for the figure to be higher still.”

“I don’t think Lord Offord put a figure on it.”

“I wouldn’t want to countermand the Minister but we are at more than £880billion as of today.”

A major trade deal is on the cards between Britain and India but Mr Forgione said: “If you look at fast growing economies and you look at huge potential for talent and economic power, Africa is the growing marketplace.”



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