Exports in the industry have gone up 14.7% up this year in 2017 – up to £5.9 billion – with growth to non-EU markets outperforming growth to EU markets (18.2% to 12.5%). This growth in non-EU share is particularly pleasing given obvious concern around Brexit. However, the food and drink trade deficit did increase by 0.7% in Q3.
Growth of branded goods
There was particular growth in the exports of branded goods – up 12.7% to £4.3bn. There were was also reported growth amid several product categories in the sector, with 9 of the top 10 exported products increasing.
Ireland remains the top export market, up 12%, followed by France and the USA.
New case studies added to our Food and Drink feature
Earlier in the year we published our annual Food and Drink feature, which included webinars, case studies, reports and guides for the industry. FDF have just provided two additional case studies to the feature:
We also had two food and drink companies attend our recent Export Action Plan final, who you can also read about:
We will be back in 2018 with further updates and features for the industry.