Wednesday, September 28, 2022

Brexit: food and drink exports to EU suffer ‘disastrous’ decline

EXPORTS of food and drink to the EU have suffered a “disastrous” decline in the first half of the year because of Brexit trade barriers, with sales of beef and cheese hit hardest.

Food and Drink Federation (FDF) producers lost £2bn in sales, a dent in revenue that could not be compensated for by the increased sales in the same period to non-EU countries including China and Australia.

Dominic Goudie, head of international trade at the FDF, said: “The return to growth in exports to non-EU markets is welcome news, but it doesn’t make up for the disastrous loss of £2bn in sales to the EU. It clearly demonstrates the serious difficulties manufacturers in our industry continue to face and the urgent need for additional specialist support.”

For the full story click below.

https://www.theguardian.com/business/2021/sep/02/brexit-uk-food-drink-exports-eu-disastrous-decline

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