Trade Snapshot: Q1 2021
18 June 2021
FDF’s newly-released Q1 Trade Snapshot shows that for the first time in our reporting, non-EU exports of food and drink outgrew sales to countries in EU as a consequence of a large drop in sales, resulting from the ongoing impacts of Covid-19 and changes in the UK’s trading relationships.
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- The ongoing impacts of the COVID-19 pandemic, and the change in trading relationship with the EU, led to a 28% fall in UK food and drink exports in Q1 2021 when compared to 2020, and a 36% fall when compared with pre-COVID Q1 2019 figures
- Exports to the EU fell by 47% compared to Q1 2020, whereas food and drink industry sales to non-EU countries were up by 0.3% in Q1 2021