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Growth rate of UK food and drink exports increased

First quarter 2019 exports rose by 10.7% (y-o-y) to GBP 5.8 billion (USD7.35 bln), almost twice the growth rate of exports in Q1 2018 (+6.3%) and the biggest first quarter sales value on record.

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The UK’s Food and Drink Federation (FDF) reports that Q1 2019 food and drink export growth to non-EU markets (+12.2%) outpaced growth to EU markets (+9.9%). This was also the case for exports of branded goods. In addition, growth of more than 20% was recorded in six of the UK’s top 20 export markets: the Netherlands, China, Sweden, Japan, Taiwan and Saudi Arabia. Japan recorded the highest overall growth: an astonishing 52%.


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