New programme to help more Welsh firms export globally
A new programme to help Welsh firms who have never exported before to sell their products in new international markets is being launched by Wales’ Economy Minister, Vaughan Gething.
The New Exporters Programme, which is one of the new support initiatives being introduced as part of the Welsh Government’s export action plan, will support companies who have either never exported before or have exported intermittently, to sell their goods and services around the world.
Ten companies from a range of sectors across Wales are being recruited to the programme, which will last around 10 months. They will receive intensive support to develop their capacity and capability for exporting, helping them to become regular exporters.
The support will be focused on exporting to Ireland initially, which will act as a starter market for the companies taking part. It will include a visit to the market, where companies will meet potential business contacts, with support from the Welsh Government’s Dublin Office. The programme will run on an annual basis.
The programme is a core part of the Welsh Government’s economic action plan, which set Ministers’ commitments to prioritising exports and trade, supporting Welsh exporters to find new markets globally.
It’s also a key part of the Welsh Government’s international strategy, which reinforced Ministers’ ambitions to raise Wales’ international profile; grow the Welsh economy, including increasing exports; and establishing Wales as a globally responsible nation.
In 2020, firms in Wales exported £13.4 billion worth of goods to markets across the world. Germany was the largest export market, accounting for £2.2 billion (16.0%) of exports. France was the second largest export market, accounting for £1.8 billion (13.7%), followed by the USA, with £1.8 billion (13.4%) and the Republic of Ireland with £1.2 billion (8.8%).
Launching the new programme, Economy Minister, Vaughan Gething yesterday said:
Wales has a long and proud history as an outward looking trading nation. From the coal that helped power the industrial revolution in the 18th and 19th centuries, to high-tech computer chips that power our smartphones and other electronic devices today, the products we export from Wales are used by people around the world.
As part of our ambitious programme for government for the next five years, we want to support Welsh businesses to find new export markets and create new green jobs in the sustainable green industries of tomorrow.
Our Export Action Plan is the most ambitious and comprehensive programme of export support ever put in place in Wales. As part of that plan, the New Exporter Programme I’m launching today is designed to help companies who either have never exported before, or have done so on a piecemeal basis, to find those crucial new export markets to sell even more of Wales’ first-class products and services to more people across the globe.
This is part of our mission to build a Wales with a prosperous, fair, green economy.
Cardiff-based business, Object Matrix, provides hybrid cloud storage solutions, principally to media organisations. Founded in 2003, the company initially focused on the trade in the UK, but with the explosion in video content creation and distribution, it saw the company diversify its offering, which led to more work in overseas markets. Object Matrix now exports to over 30 markets, making up 55% of its business.
Nick Pearce-Tomenius, co-founder and sales and marketing director at Object Matrix yesterday said:
Exporting has been vital to expanding our company’s success and services worldwide. The support from Welsh Government has helped us to achieve our export success.
Before the idea of exporting our products and services became a reality we had to start locally before we could think globally. Once we successfully accomplished that aspect of our business, we were able to take things to the next level. I firmly believe that if you can sell your product in Wales, you can sell your product anywhere.
South Wales-based Atlantic Service Company has been manufacturing high quality bandsaw blades for cutting meat, fish and bread since 1901.
It exports to markets across Europe, Africa, South and Central America, Asia, Indian Subcontinent and Middle East. Exports are a core part of Atlantic Service’s business growth, and the wide range of markets has helped spread the risk against market fluctuations.
Elena Harries, International Sales Manager, Atlantic Service Company yesterday said:
Exporting is core to our business growth, and has helped us become more resilient to market changes. With the help of Welsh Government export support, we have been able to open up new markets in South East Asia, India, Africa, Central and Latin America. Its network of trade advisors has provided invaluable advice and support to enter new markets, and identify new business partners.
Our aim is to build on this growth and to expand our export business in new markets. It is reassuring that we can access Welsh Government support to help us achieve this.
Latest News from
Help us achieve our ambition to become the most LGBTQ+ friendly nation in Europe29/07/2021 14:05:00
With the Welsh Government pledging to be the most LGBTQ+ friendly nation in Europe, Deputy Minister for Social Partnership Hannah Blythyn, today launched the LGBTQ+ Action Plan consultation, which will outline the Welsh Government’s determination to achieve this historic ambition.
A new World Heritage Site for Wales28/07/2021 16:25:00
The slate landscape of north-west Wales has been added to the UNESCO World Heritage List, making it the fourth World Heritage Site in Wales.
Business Support vacancies at Cafcass Cymru28/07/2021 09:05:00
Cafcass Cymru is recruiting to Business Support roles in South Wales, Gwent and North Wales.
Deputy Minister thanks team effort ahead of UNESCO decision27/07/2021 11:05:00
If accepted, the slate landscape of north-west Wales will earn its place as the fourth UNESCO World Heritage Site in Wales.
£250K for early years speech, language and communication support27/07/2021 09:05:00
Deputy Minister for Social Services Julie Morgan has announced an additional £250,000 to support children’s speech, language and communication needs.
Vaccination saves lives: new toolkit to help employers encourage employees to get COVID-19 vaccine26/07/2021 14:05:00
The Welsh Government is encouraging employers to do all they can to support their workforce to get vaccinated.
New Estyn Chief Inspector announced26/07/2021 09:05:00
The First Minister recently (22 July 2021) announced her Majesty the Queen has accepted the recommendation that Owen Evans should become the new HM Chief Inspector of Education and Training in Wales.
Plan to deliver urgent and emergency health care in the right place, first time in Wales23/07/2021 14:05:00
Health Minister Eluned Morgan has set out plans to transform the delivery of urgent and emergency care in Wales, during an exceptionally challenging time for services.
Cultural Recovery Fund: gives lifeline to heritage sector23/07/2021 10:05:00
During visits to north Wales this week, Deputy Minister for Arts and Sport, Dawn Bowden met with recipients of the Welsh Government’s Cultural Recovery Fund, to see how funding has helped keep organisations afloat and safeguard jobs during a challenging time for the sector.