New research by the British Chambers of Commerce (BCC) Insights Unit, involving over 2,400 exporters, shows overseas exports have fallen dramatically in the second quarter.
The survey, carried out between Monday, May 11 and Monday, June 9, found that just 16% of exporters reported an increase in export orders, while 26% reported a fall, and 58% reported no change.
This was a significant drop on Q1 of 2026, when 25% reported increased orders, 23% a drop and 52% no change. 
The size of a firm also played a role with just 11% of micro-exporters, with fewer than 10 employees, reporting increased export orders in Q2 (18% in Q1), 24% reported a fall, and 65% reported no change.
In contrast, 26% of large exporters, with more than 250 staff, saw a boost in overseas orders (38% in Q1), 17% reported a decrease, and 57% said they’d seen no change.
The picture is substantially different to the performance before Brexit, Covid, the war in Ukraine, US tariffs and other geopolitical disruption. In Q2 2018, 31% of all firms saw increased export orders and 14% a decrease.
William Bain, Head of Trade Policy at the BCC, said: “Exporters of all sectors and sizes have taken a substantial hit to their overseas orders as the impact of Brexit, tariffs, the Iran war and cost pressures have combined.
“No business sector is immune. But it’s a growing concern that services firms, which have been the backbone of our export growth since Brexit, are facing a real fight to boost overseas interest.
“If the new Prime Minister is serious about delivering growth, then increasing the UK’s exports must be central to that drive.
“The current administration has been successful in landing a string of trade deals, but the pipeline is starting to empty. Chamber businesses want to see a new set of free trade agreements which focus on Mercosur, the Philippines, Indonesia and Thailand.
“The Government must also boost export support and shift more trade processes online to simplify the bureaucracy.
“Making quick and concrete progress on the EU reset should also be a priority. That means securing deals on food and drink exports, agreeing a youth experience programme, reintegrating our electricity markets and linking our schemes on greenhouse gas emissions.”
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