UK exports account amount of food and suck – BBC News

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Surging sales of salmon facilitated the UK to export a record amount of meat and drink in the first quarter of 2017, the Food and Drink Federation has said.

The industry group articulated sales of the fish leapt more than 50% by significance – to 186.7 m – and 13% by capacity.

British nutrient and drink exportations as a whole was increased by 8.3% year-on-year to 4.9 bn – the most significant first quarter figure on record.

FDF credited better aimed at promoting UK goods abroad, and the weaker pound.

Sterling has fallen by about 16% against the dollar since Britain voted to leave the EU last June, realise UK make more competitive overseas.

Chocolate and cheese

Quoting UK government digits, the group responded whisky had remained the top nutrient and drink exportation during the period, with sale of 895.9 m.

This was followed by Scottish salmon and chocolate.

Analysis: Emma Simpson, BBC Business Correspondent

2016, as a whole, was a record-breaking year for nutrient and drink exportations. That force appears to be continuing in 2017.

This is good news for the industry and the governmental forces as it seeks brand-new groceries for British goods.

Exports to non-EU countries have been growing at a faster charge than those to the EU for the last couple of years.

A growth rate of 40% in South Korea is pretty impressive. But that still merely amounts to some 50 m worth of business.

Compare that to Ireland, where we generated some 854 m importance of exportations in the first three months of this year.

Ireland remains our most important trading marriage by far when it is necessary to meat and beverage. Today’s figures are yet more evidence that shielding such relationships post-Brexit will be key.

The rise in the value of UK salmon sales is thanks in part to rising global demand for fishing operations, that has been hard to meet due to pervasive lice infestations that have hampered production.

That has led to higher prices for salmon across the board.

The weakness of sterling has furthermore helped to make Scottish salmon less expensive than salmon from Chile and Norway.

British wine exportations verified the greatest proliferation by publication, clambering 13.8%, while the value of the UK’s cheese exports climbed 29.1% to 145.3 m, thanks in part to a spike in marketings to France.

Rising deficit

However, while the weaker pound helped UK exporters, the FDF said it had also pushed up cost of British transactions that returning food into the UK from abroad.

As a cause, the UK’s food and booze trade deficit – the difference between how much the UK imports and exports – actually enlarged 19% to 6.2 bn in the quarter.

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UK’s top 10 nutrient and drink exports

Whisky 895 m

Salmon 186 m

Chocolate 155 m

Cheese 145 m

Beer 139 m

Wine 133 m

Pork 109 m

Gin 108 m

Beef 106 m

Vegetables 97 m

Source H& M Customs and Excise

The UK exportations significantly more to the neighbouring European union than it does further afield. However at 9.4%, raise in exports to non-EU countries outpaced those to the EU, which clambered 7.4%.

Ian Wright, Director General of FDF, said it was “pleasing to see non-EU exports acting beyond expectations”.

Food and booze sales to South Korea rose 40%, driven by beer auctions, while exportations to South africans originated 31% thanks to animal feed.

However, Elsa Fairbanks, director of the Food& Drink Exporters Association, another commerce organisation, added: “Ease of better access to EU markets will continue to be vital to our manufacture in future as many nutrient and drink commodities are not suited to export to remote marketplaces.

“Although we recognise the need to explore new opportunities, leaving the EU should not mean dismissing those we already have.”

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