eBay calls for SMEs to have bigger say on trade deals

eBay box

Online marketplace eBay has called for the UK’s small and medium-sized businesses to have a greater say in future trade negotiations.

The etailer issued the rallying cry two months ahead of Britain’s exit from the EU, as it released new data highlighting the contribution that SMEs have on UK exports.

The figures, gathered from the 200,000 UK-based SMEs trading on eBay, revealed that 64% of British sellers have exported products internationally. Export sales from those businesses have grown 25% in the past five years.

According to the data, the top three export markets for UK SME sellers on eBay are the USA, Germany and France, with products such as mobile phones, watches and laptops among the most commonly exported goods.

 

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