‘Massive untapped potential’ in food and drink exports

‘Massive untapped potential’ in food and drink exports

Despite overseas sales topping £20bn for the first time, the Food and Drink Federation (FDF) have declared that food and drink exports ‘still have massive untapped potential’. The figures, taken from records in 2016, show a rise in 10.5% overall, with branded foods and non-alcoholic drinks achieving an 11.5% growth.

Government support crucial for export markets

The Director of the DFD, Ian Wright believes that additional government support would unlock the full potential of export markets. He said: “More specialist support for new and existing exporters, with fiscal incentives and financial assistance, would get more of the country’s 6,500 plus food and drink producers exporting”.

Diminishing sterling effecting cost of UK imports

There has been a conscious effort for UK food and drink businesses to better compete in global markets. Despite the rise in food export figures overall, the decreasing value of sterling has made imports more expensive, resulting in an increase in the food and drink trade deficit.

Smylies are tapping into UK exports’ potential

Smylies provide food and drink export services to destinations all over the world. Over the last 10 years Smylies has grown to be one of the leading exporters of British products. We utilise an extensive air, land and sea network to ensure our items reach their destination safely and on time. Export british food and drink to your country.

As well as comprehensive export services, we provide a range of distribution services under one roof. Smylies offer logistics, distribution and warehousing services, get in touch with a member of our team to discuss how we can help you. Smylies can help you to access global markets in Asia, America and beyond. Find out about Smylies export logistics and distribution services.

Contact Smylies

Get in touch with Smylies for more information on the food and drink export services that we provide. Contact us online and a member of our team will get back to you as soon as possible or call us directly on +44 (0) 151 653 3335.

 

£1bn could be saved with improved food labelling Value of UK food and drink exports rose in 2016

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‘Massive untapped potential’ in food and drink exports

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2017-03-21T10:32:16+00:00
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