FDF report shows food and drink exports in decline
The latest Food and Drink Federation Trade Snapshot report shows signs of a “worrying” downturn in UK exports, which fell by 4.8% in Q1 2026.
The latest Food and Drink Federation Trade Snapshot report shows signs of a “worrying” downturn in UK exports, which fell by 4.8% in Q1 2026.
As geopolitical tensions continue to impact costs, businesses must take a proactive approach, says Eliot Bassett, managing director at currency risk management service Lumon Corporate.
A report from UK trade body Seafish has found that despite “ongoing global pressures”, the UK seafood industry’s trade value increased to £6.09 billion in 2025.
Government has announced a £1.5 million boost to its Seafood Exports Package, which could see Cornish crab, British scallops and Dover sole reach more plates worldwide.
Food Security Minister Dame Angela Eagle announced a strengthened UK-Japan trade arrangement, which she said would “slash red tape” for British food exporters.
In its 2025 Trade Snapshot, the Food and Drink Federation revealed that food and drink exports from the UK experienced “record value growth” last year, reaching £25.6 billion.