How to export to new markets

Developing your export business requires a wide range of skills.

As businesses seek to boost their exports while coping with COVID-19, there is much work to do if the Cyprus is to become an export superpower. While you must embrace uncertainty in the hunt for new markets, there is help available.

Market research

To give yourself the best chances of successfully exporting overseas, you’ll need to research the markets that you intend to penetrate. You can get information from a variety of online sources, including the following:

• The Department for International Trade has information on countries and sectors.
• The Institute of Export has helpful information on how to do market research.
• Your local Chamber of Commerce can also provide advice and help on international trade.