The biggest challenges facing importers and exporters in Wales lie with supply issues, says Chambers Wales.
While demand for air cargo has risen according to recent statistics released by the International Air Transport Association (IATA), capacity remains 9.7% below pre-Covid levels due to the ongoing grounding of passenger aircraft.
In many cases, freight that had been transported by air pre-pandemic is having to be moved by slower sea routes. Businesses in Wales and globally are frustrated by the delays in moving goods caused by shortages of labour and materials. A lack of skilled drivers, container shortages, the backlog caused by the Suez crisis and the ongoing pandemic are all negatively impacting shipping routes.
Jo Price, Director of International at Chambers Wales, said:
“Rising freight costs and widespread shortages are causing a headache for exporters and importers in Wales and across the world as international trade continues to be unpredictable and volatile.
“At Chambers Wales, our experienced international team are helping to remove the stresses of current…
