UK exporters break growth record in the first 6 months of the year on salmon, whisky and beer, as Friday data shows.
Foreign sales of salmon shot up by 53%, making the overall exports climb to £408 mln. Whisky was the highest on the list of UK exports, and its price changed by more than 3%, as per the Federation of Food and Drink. Other goods that boomed in the first half of this year include cheese, pork, wine and chocolate.
Downed pound was helpful in strengthening UK competitiveness, but the Food and Drink Federation states that the situation with the pound made imports of components and raw materials more costly. UK’s food and beverages mainly go to the US, France or Ireland.
In general, the United Kingdom sold to the countries of the EU more than elsewhere, which makes clear that food and drink industry has been boosted by the Europeans. The food and drink sector’s objective is to lift the exports of its products, namely food and non-alcoholic beverages, by a third, growing to £6 bln by 2020, according to the report.
FDF director said that the EU keeps being the leading market for exports, and a source of imports of main components and raw materials for the country’s companies. He added that they believe there’s more room for growth of UK’s exports.