While it may be argued that the ongoing conflict between Russia and the Ukraine is relatively contained, it could soon begin to have an impact on the rest of Europe. The reaction of leading European nations and the U.S. seems to have encouraged Russia to fortify their position, and their stance is now threatening the Ukraine with the threat of civil war. This would be likely to have a huge impact on the future of exporting within the European community, which in turn could impede existing lifestyles and damage people’s livelihoods.
3 Unique Exporting Opportunities in the Modern World
The export industry is pivotal in terms of international trade, and its value continues to grow on an annual basis. It is also a constantly evolving industry, and one which offers new opportunities to innovative entrepreneurs who are willing to be proactive in the market. Consider the following unusual export opportunities and whether they can benefit you: –
1. The Export of Traditional Red Telephone Boxes
While it may sound strange, British firms have made a huge amount of money in recent times by executing the sale of traditional, red telephone boxes abroad. So although they are fast disappearing from the UK’s streets, those with a love of nostalgia should be able to locate them in exotic locations such as Dickenson Bay in Antigua and numerous malls throughout Florida. Although it is fair to say that this is not a particularly lucrative export market, the wider demand for quintessentially English memorabilia from a bygone age does offer considerable opportunity for vendors.
2. The Music Growth Export Scheme
While the failure to succeed in their country of origin is disappointing for music artists, it may not sound the death knell for their entire career. This is because there have been multiple artists who have failed domestically before enjoying considerable success abroad, and this is reflected in the presence of the innovative Music Growth Export Scheme. It has been designed to support music artists who are keen to work overseas, and successful applicants can ultimately use the funds to aid international touring, promotional requirements and temporary living costs. Given the lucrative nature of the music industry, this scheme offers the opportunity for artists and independent record labels to earn a considerable amount of money through exporting their sound.
3. The Publishing Sector
While eBooks may have changed the nature of the publishing industry beyond all recognition, there remains a surprising demand for traditional print products across multiple sectors. This is particularly evident in the cook book industry, where even the rise of Internet-based recipes and tutorials has failed to dampen the enthusiasm of international consumers. With a prominent food culture now prominent throughout the world, British based chefs and traders have been able to capitalise by exporting informational books to a global target market. Given that these books can also be packaged and shipped for an affordable price, there is clearly a great deal of money to be made by exporting literature.