Trade Insights: The changing face of UK trade report

Trade Insights: The changing face of UK trade report

The way the UK trades internationally is evolving. In the context of geopolitical and macroeconomic change, pivots in terms of trading relationships and radical digital transformation, the UK is undergoing a significant evolution in both where and how it trades around the world.

Read the full report (PDF, 2.8MB) PDF opens in new window

For businesses engaged in international trade, recent years have been defined by change and transformation.


At a glance:

  • As the UK finds its place in a new and emerging geopolitical landscape, businesses are now able to access new opportunities in a world that has become more of a level playing field.
  • The way we import and export has changed, with the UK looking to build robust and resilient supply chains while also leveraging lucrative trading relationships with countries around the world.
  • Who we trade with, and the way we trade, has evolved. With the Electronic Trade Documents Act coming into effect on 20th September 2023, we have begun a journey of mass digitalisation in the field of trade, modernising centuries-old processes to boost speed, efficiency and innovation and delivering monumental economic and environmental benefits.
  • UK businesses face a landmark moment in the history of international trade: not only is the landscape changing to enable trading relationships with new markets, but it’s also becoming easier than ever before to trade with them. So how can firms embrace this change and maximise its potential?

Read our full Trade Insights report (PDF, 2.8MB) to find out how firms can embrace this change and maximise its potential.

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.