UK Food and Drink Export Performance
UK food and drink export statistics for 2014
In this report:
- Exports grew by 2.6% to £12.8bn.
- Exports to non-EU markets (+9%) outperformed the EU
(+0.5%) pushing the non-EU share up to 6%.
- Including alcoholic drinks, total food and drink exports were
£18.8bn, down 1.1% on 2013.
- Exports of whisky (the UK's largest food and drink export) were
down 7.4% on 2013 at £4bn.
- The food and non-alcoholic drink trade balance decreased by
-5.3% to a deficit of £22.3bn.
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Exports by Sector
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Last reviewed: 20 Mar 2015
*Other Groceries includes fats/oils, preserved fruit/veg, fruit
juice, sauces, ice cream, vinegar and other misc. products
What happened throughout 2014?
- The UK's economy grew by 2.6% in 2014, the fastest pace since 2007 and up from
1.7% in 2013.
- EU GDP advanced 0.3% on quarter in the last three months of 2014, faster than a
0.2% rise in the previous period.
- Food and drink exports were stronger at the start of the year Q1 2014 (+8.3%) on
Q1 2013. This was succeeded by poor growth in Q2 and Q3 and eventually negative
growth in Q4 (-0.9%). This mirrors the rise in the strength of the pound making
UK exports to Euro countries more expensive.
- Exports to non-EU markets remained strong despite the global
picture, with Q4 (+7.8%) on the previous quarter. This could be
partially due to the strength of the dollar, making UK exports to
the US and all non-EU markets cheaper.
Top Product Categories
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Going up and down
* Concentrated or sweetened milk or cream
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Value added up globally
- Exports of value added products saw slight growth remaining around £4.6bn
- The top 5 best performing products generated gains of over £103m compared
falls of just under £34m from the worst performers.
- Value added goods saw increased growth to non-EU countries (+8%) to the value of
- Exports of value added goods to the EU were down 0.8% to £3.3bn.
Next: Top performing markets by value gains