24th March 2017
Continued access to EU markets is top priority for smaller businesses, according to the Federation of Small Businesses (FSB).
Out of 1,758 members surveyed, 63% regarded the EU market as an important trade destination.
58% said that trading in the EU single market is easier than trading with non-EU markets.
- 53% of importers and 45% of exporters find trading with the single market is cheaper than with non-EU markets
- 20% exclusively trade with the EU
- 27% of exporting small firms in Scotland would be discouraged from trading with the EU if tariffs were introduced.
Andy Willox, Scottish policy convenor at FSB, said:
“FSB is calling on the UK government to secure the easiest, and least costly, access to the EU single market in the Brexit negotiations. Lots of first-time exporters regard EU markets as a training ground and a lower-risk first step to realising their global ambitions.”
Talk to us today about how Brexit will affect you and your business.