UK small and medium-sized enterprises (SMEs) that sell their products via Amazon’s online marketplace have enjoyed a big boost in exports and international trade in the past year, the retail giant claims.
Published earlier this month, Amazon’s latest sales figures suggest that SMEs have welcomed £2.5 billion worth of international online sales in the last year alone.
This is up significantly from the £1.8 billion in sales recorded the previous year.
The group’s report claims that six in ten Amazon users are now benefitting from being able to export their offerings abroad ‘without language barriers’ thanks to the group’s innovative online shopping platforms, apps and web services.
The news comes shortly after Amazon unveiled a new scheme geared towards boosting international sales further for SME users in the near future.
Earlier this month, the Government’s Department for International Trade (DIT) welcomed the statistics, with International Trade Secretary Liam Fox publicly praising the support Amazon has offered to start-up and microbusinesses in the UK.
He said: “The growth in SME exports on sites such as Amazon shows what can be achieved, and I welcome the company’s commitments to help more small companies go digital so they can grow their businesses and create jobs up and down the country.”