March 10, 2021

May 11, 2022

Frictionless Trade

How new technology will power international trade

Despite recent advances, the international shipping industry has a long way to go in terms of fully leveraging the potential of new technologies. Innovation in this sector is crucial to helping the UK to overcome the technical challenges posed by Brexit, but also to its ambition of establishing itself as an open, forward-thinking international trading partner.

This report:

  • Segments the current international trade process into six sections, and highlights where technology can make a significant contribution
  • Features the 65 leading trade technology startups from around the world/li>
  • Showcases how the growing venture market in the UK will be worth as much as £5.1b to new startups in 2030
  • Gives recommendations for government, startups and commercial incumbents on how they can collaborate to foster greater innovation
  • Outlines how greater innovation in this sector could potentially be supported by piloting the UK’s first free port


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Photo by the author

Johnny Hugill

Deputy Director, Procurement & Business Systems

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