UK food and drink exports grow 5.5 percent in 2018

British food and drink exports, including cereals, cheese and pork showed continued growth in January-March 2018
British food and drink exports, including cereals, cheese and pork showed continued growth in January-March 2018

Latest export statistics from reveal that Q1 2018 exports of British food and drink have grown by 5.5% to £5.2bn, from £5.0bn in Q1 2017.

The statistics from the Food and Drink Federation (FDF) also reveal that total exports to EU markets (+8.2%) grew faster than those to non-EU markets (+1.2%).

Each of the top ten product categories saw growth apart from salmon and beer, which were down £40.7m, and £16.1m respectively when compared to Q1 of 2017.

Of the top ten product categories, breakfast cereals saw the fastest growth, up 30.3% to £111.2m.

FDF is currently working with Government to secure an ambitious sector deal for the food and drink industry.

Amongst the proposals are detailed plans outlining how the industry might fulfil its export potential, building on research which identifies markets manufacturers would like to target.

Buying British in Japan

One of these markets is Japan, where UK exports of food and drink have grown over the past ten years.

However, this market has grown at a rate below the average growth rate of exports from EU27 nations. In Q1 2018, exports to Japan rose by 5% on the previous year to £56.7m.

The Japanese market recorded significant growth in categories including sweet biscuits (119%), pork (88%), soft drinks (90%) and cheese (507%).

It is hoped the Rugby World Cup in 2019 and the 2020 Olympics in Japan will present further opportunities to build on this growth and strengthen trading ties between the UK and Japan.

'Robust demand'

Ian Wright CBE, Chief Executive at FDF said the growth was based on a "robust demand" for the UK’s high-quality products

“Much of the demand comes from nearby markets, as demonstrated by strong growth to EU27 countries. There are also significant opportunities further afield,” Mr Wright said.

“However, these require more specialist in-market support. For example, a recent trip to Japan highlighted the strength of demand that exists for quality UK products and the desire to build trading relationships.”

Graham Stuart, Minister for Investment, Department for International Trade said: “It’s fantastic to see an increase in food and drinks exports, showing a clear global appetite for UK produce - with our products enjoyed across the world from the US to Japan.

“As an international economic department, it’s great to see so many British companies exporting their goods and services but we are determined that even more businesses build on this demand.”