UK food and drink exports wobbled in 2020 but here are five reasons to be cheerful, survey suggests

FDF / Santander
  -  
Tuesday, April 27, 2021
After more than a decade of continuous growth, the £104bn UK food and drink sector experienced a significant drop in exports in 2020 due to the impact of COVID-19. However, there remains “significant headroom for growth for UK food and drink exports, both within the EU and further afield”, according to a report by the Food and Drink Federation (FDF) and Santander. Ian Wright, chief executive, FDF, said that “food and drink exports are a UK success story”. Although exports fell by nearly a tenth (9.7%) in 2020, valued at £21.3bn, the industry was the UK’s biggest manufacturing sector by turnover, accounting for almost 20% of total UK manufacturing and employing 440,000.
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