The impact of the Covid-19 pandemic on international trade
19th May 2020
A recent assessment of Documentation demand from the BCC indicates that demand for certificates of origin and preferential trade certificates has dropped by between 25-30% since the start of lockdown on 23rd March.
The Sheffield International Trade Centre (SITC) is in line with the countrywide survey and our documentation demand has reduced by 27%.
This however has been offset by a significant increase in demand for SITC's ‘Export Office Hub’ services. This hub service offers remote export/import administration whereby we can complete trade documentation on your company’s behalf, and liaise with any 3rd party, such as freight forwarders, to ensure your goods are delivered.
A useful service for those companies who have had to furlough staff during these unprecedented times.