The latest Trade Confidence Outlook, conducted by the British Chamber of Commerce (BCC) Insights Unit, shows the percentage of SME exporters reporting increased exports has fallen back in Q3 by 5% after an uptick in Q2. Overall, 22% of SME exporters in the UK reported an increase in export sales, 24% reported a decrease, and 54% reported no change. The position for advance orders is even less optimistic, with 19% of SMEs reporting an increase, 56% no change, and 25% a decrease. The BCC notes that SME exporters are consistently more likely to report decreased exports compared to before the pandemic and Brexit. For example, in Q2 2018, only 14% of SME exporters reported a decrease in overseas sales. To read the BCC’s news release, go to https://www.britishchambers.org.uk/news/2024/10/sme-exporters-fighting-to-make-headway/.