One of the first post-Brexit trade deals is now in force. The international trade agreement has been set up between the UK and Australia & New Zealand.
What does the UK trade deal with Australia & New Zealand mean for UK businesses?
The trade agreement eliminates most tariffs on UK goods exported to Australia and New Zealand. And vice versa, import tariffs on most goods imported from Australia and New Zealand in to the UK are now removed.
Which sectors will benefit from the trade deal with Australia & New Zealand?
If your business imports goods from Australia and New Zealand you will now benefit from zero tariffs upon UK import for most commodities. Goods such as engineering components, make-up, honey, clothing, fruits and surfboards all qualify for the trade agreement preferences when importing from Australia and New Zealand.
UK manufacturers may now see an increase in enquiries for exports of their products from the UK to Australia or New Zealand, as companies Down Under make use of the reciprocal agreement of the removal of trade tariffs. Goods such as vehicles, foodstuffs, engineering equipment, excavators, incinerators and fashion typically exported from the UK will qualify for the preferential tariffs when shipped to Australia and New Zealand.
Expanding in to Australia & New Zealand
If you are a UK based company, considering expanding your global reach following the announcement of the international trade agreement with Australia and New Zealand, and would like a quote for shipping to Australia and or New Zealand from the UK, get in touch with Mercator.
As a UK based freight forwarder, we have established contacts with the major airlines and shipping lines, allowing us the ability to offer various routes and options for shipping to Australia and New Zealand. We have full customs clearance badges at the major UK sea freight ports and links with the airports, so we can offer full import services when shipping from Australia and New Zealand. You can call our team on (+44) 02392 756 575, email sales@mercatorcargo.co.uk, or complete the form below.
