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Get your free copy22 November 2016, 06:40 AM
- UK food and non-alcoholic drink exports rose 13.7 per cent in the third quarter of 2016, with export to non-EU markets growing at twice the rate of the EU, according to figures published by the Food and Drink Federation
The overall value of branded food and drink exports grew to £3.4bn, up 12.1 per cent against the same period in 2015. The year-to-date figures show a 10.1 per cent rise with total exports reaching £10.1bn during the first three quarters of 2016.
However, trade to EU countries still accounts for two thirds of the total, which is led by Ireland, France, the Netherlands, Germany and Spain.
The three export markets which saw the greatest value growth in the year-to-date were Spain, up £158m, China, up £124m and Germany, up £60m.
The top three product categories were chocolate, salmon and cheese, with exports of wheat experiencing the largest value rise, up £147.4m when compared with 2015.
Ian Wright, director general of FDF said, “It is very pleasing to see non-EU exports performing beyond expectations, with UK firms taking advantage of increased competitiveness following the currency changes since the summer.
“As the UK leaves the European Union a growth in exports is hugely important to our sector. We hope that with the determination of businesses, and the assistance of the Government’s International Action Plan for Food and Drink, we can open more channels and provide support to new and existing food and drink exporters as they seek new markets overseas.”
George Eustice, food minister said, “Whether it’s Scottish salmon or Wensleydale cheese, the global appetite for the British brand is showing no sign of slowing. These latest figures are welcome news for our food and drink businesses.”
