H1 2016 Export Statistics

UK food and drink export statistics January to June 2016

In this report:

Executive summary

  • Exports for H1 2016 reached £6.6bn, growth of 8.7% on H1 2015.
  • Exports to non-EU markets (+12.6%) continued to outperform exports to the EU (+7.2%) raising the non-EU share of exports to 28.5%.
  • Exports of value added goods saw growth of 6.2% to £2.4bn in the first half of 2016 against the same period a year before.
  • Including alcoholic drinks, food and drink exports were £9bn (+6.0%) at the halfway point of 2016.
  • The food and non-alcoholic drink trade deficit grew to £11.6bn (+1.1%).

top

Key Indicators

View full dataset

What happened throughout H1 2016

  • UK GDP is estimated to have grown 0.6% in Q2 of 2016, faster than the growth of 0.4% seen in Q1.
  • Manufacturing contributed the most to the UK's GDP increase, growing by 1.8% in Q2 and food and soft drink manufacturing saw 0.5% of this growth.
  • The pound has become more competitive since the start of 2016, making UK goods more affordable overseas.
  • The UK's vote to leave the EU on 23 June triggered further weakening of the pound, so we would expect exports to remain strong in H2 2016.

top

Top 10 products 


View full dataset

top

Top 20 Markets


View full dataset

top

By Sector


View full dataset

top

All products to EU and non-EU highlights

 

 


View full datasets

top

Value added in focus

  • FDF's industry ambition is to grow exports of value added food and non-alcoholic drink by a third, from a 2014 baseline, reaching £6bn by 2020.
  • The increase in value added exports in H1 is a positive boost towards FDF's ambition following a weaker performance in 2015.


View full dataset

  • Exports of value added products saw continued growth in the first half of 2016 to £2.4bn (+6.2%), led by strong non-EU growth.
  • Sales to non-EU countries saw growth of £93.7m (+14%) to the value of £761.6m in H1 2016, with the United States, Malaysia and China driving this growth.
  • The EU accounted for 68.8% of value added exports totalling £1.6bn, an increase of £47.5m (+2.9%) on Q1 2015.
  • EU countries made up eight of the top ten value added markets.
  • Non-EU demand for British branded chocolate, sauces, tea, cakes and cereals is driving much of the growth seen in value added products.

 
View full dataset

top

EU and non-EU value added product highlights

 

 

View full datasets

top

H1/H2 food and non-alcoholic drink growth

View full datasets

top


Last reviewed: 25 Aug 2016