Strong trade in services boosts UK exports
The latest trade data from the ONS for the whole of 2023 shows that the UK’s services trade continues to lead the way. The UK’s robust trade in services rose by 5.3 per cent with strong performances in financial, business, professional, cultural and travel services exports across the world. But, the flipside was a disappointing performance in goods exports, which fell by 4.6 per cent. You can read the full details in the Trade Updates section.

We were delighted to virtually welcome William Bain, Head of Trade Policy at British Chambers of Commerce, to today's roundtable event where we focussed on the Border Target Operating Model (BTOM) and what this means for UK businesses with the additional customs rules and checks. If anyone has any queries around BTOM, please reach out to us for support.

I will be attending the UK Export Finance Cambridgeshire Business Forum next Tuesday. Please come along and speak to me about any international trade queries and Chamber membership. Further details on this event can be found further down along with a link to register.

If you have any international trade queries please email or telephone the team on 01223 237414.

Karen Cash
International Trade Team Leader
01223 237414
International Trade Level 4 Qualification - now taking registrations

Our new International Trade Qualification Programme offers three certification levels: Diploma, Certificate, and Award. 
Tailor your learning by choosing from one, five, or all 21 modules. Completing all 21 modules grants a prestigious diploma, with each module earning a credit. Accumulate 26 credits for a Level 4 International Trade Qualification.

Click here to find out the modules covered and the costs involved. 
These modules are taught by experienced trainer Richard Bartlett, an Accomplished Director with 23 years of experience in logistics, supply chain, and international trade.

Find out more by emailing
Policy and Changes in UK Trading

There are many changes afoot in international trading for UK Exporters and Importers, and we are aware that the guidance on such changes are not always easy to navigate. If you need assistance in how to work through these changes, or guidance on where best to research these changes, please do not hesitate to reach out to us here at the Chamber.

Our feed into the Global Chamber Network, and with the British Chamber of Commerce connections into Cabinet, are vital to businesses, but we cannot help if we do not know of the difficulties you are facing. Please email if you have a situation or trade barrier that you need assistance with.
The BCC joined over 20 EU Ambassadors for a discussion on the experiences of UK businesses with EU trade, and to present our policy recommendations and new findings. BCC Director General, Shevaun Haviland, took part in a wide-ranging conversation on trade, the economy, and infrastructure. They will be engaging further with the EU Ambassadors next month.

The latest UK trade data for December 2023, the final quarter of the year, and 2023 overall, were released by the Office for National Statistics last Thursday. Overall, goods exports volumes fell 4.6 per cent in 2023, while services exports volumes rose by 5.3 per cent. Read the BCC response

Last week, the BCC took part in a meeting with British Chambers in EU and Belgium, on the latest regulatory and policy developments in Brussels and what it means for UK businesses. They were also briefed this week on the latest developments on trade between the UK and India.

The UK government signed an enhanced Trade and Investment Partnership Agreement with Nigeria last week.

Today, Tuesday 20 February, Minister Nus Ghani MP held a second roundtable with business on the latest experiences of trade disruption through the Red Sea crossings.
Letters of Credit and Method of Payment Masterclass
Thursday 22 February, 9.30am-1.00pm

The course provides an overview of all methods of payment when trading internationally to include the risks and benefits involved. It will then concentrate on the Letter of Credit aspect guiding you through the rules of managing a letter of credit, making sure documents are compliant and payment is successful.

Incoterms® 2020 Workshop
Wednesday 6 March, 9.30am-1.00pm

This virtual half day workshop will explain each Incoterm® and their importance in international trade contracts.
You can view the full list of all our training courses for 2024 on the Chamber website.

Courses can also be tailored to meet your company’s specific requirements. For more information about a bespoke course for your company, which can be delivered remotely or in person, please contact the Chamber on 01223 237414.
Navigating Customs Changes Webinars

Updating the Windsor Framework
Wednesday 21 February, 2.30pm

The changes to the Windsor Framework represent significant steps towards simplifying customs processes and reducing checks and paperwork on goods moving from Great Britain to Northern Ireland. This webinar will explore the implications of these changes for businesses, the timeframes involved, and the opportunities emerging from the new agreement.

Register here.

CDS Exports
Thursday 7 March, 11.00am

In September 2022, HMRC completed stage 1 of transitioning to the Customs Declaration Service (CDS), bidding farewell to the CHIEF (Customs Handling of Import and Export Freight) system for Import declarations. Now, stage 2 is on the horizon, marking the withdrawal of the Export CHIEF service. This webinar will help businesses navigate these changes effectively and ensure a smooth transition.

Register here.
UK Export Finance Cambridgeshire Business Forum
Tuesday 27 February,
Suite 12, The Trinity Centre, 24 Cambridge Science Park, Milton Road, Cambridge, CB4 0FN
Join UK Export Finance (UKEF) for an informative morning highlighting alternative routes to finance to help you export.

  • Hear how you can overcome the financial barriers to exporting
  • Meet with representatives from UKEF, Innovate UK, Newable Lending, Synergy in Trade, White Oak, Accelerated Payments and Stenn International Finance to discuss what support is available for your business
  • Learn how UKEF can help you to win contracts, fulfil orders and get paid
  • Meet with the Chambers' International Trade Team.
Attendance is free of charge. Please email by Friday 9 February to RSVP and confirm any dietary or accessibility requirements.
Global Annual Conference 2024
Thursday 27 June 2024, QEII Centre, London

BCC Global Annual Conference 2024 will bring together business leaders, policy experts, media and government representatives to tackle important business issues and create lasting change.

The theme for the 2024 Global Annual Conference is
"The Future of the Economy".
Contact the Chamber

Cambridgeshire Chamber of Commerce
Clifford House, 2 Station Yard, Oakington, Cambridge, CB24 3AH