The Food and Drink Federation has reported growth in exports in Q3 for 2018.
The key headlines include:
- Increase in food and drink exports of 1.8% (to £16.4bn) from January to September 2018, when compared to the same period in 2017
- Export growth to EU markets was positive (+4.1%)
- Exports to non- EU markets declined over the year-to-date (-1.8%), raising the EU share of exports to 62.1%
- The food and drink trade deficit narrowed by 1.3% in the first 9 months of the year, standing at -£18.0bn, which is £243.0m lower than the same period in 2017
- All of the UK's top 10 export products reported growth (in value) YTD 2018, apart from beer and salmon.
- The fall in salmon, significant both in value and volume, has almost equally been driven by less salmon being exported to France and the United States (US). The two combined have seen a decline of 16.6 thousand tonnes, or £94.3million.
- Q3 2018 exports of food and drink amounted to £5.6bn, down 4.6% on the third quarter in Q3 2017
You can read the full report here:
https://www.fdf.org.uk/exports-2018-q3.aspx
IOE&IT partner with Food and Drink Exportese Ltd. on new training course
As part of our efforts to support the food and drink industry, we are partnering with Food and Drink Exportese Ltd. (the Management Team behind the successful Food and Drink Exporters Association) to deliver a training workshop designed to help food and drink producers learn more about exporting and how to get started in international trade.
The focus of this training is be on the commercial finding and development of overseas partners.
You can find more details of the training course at:
