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UK
food and drink exporters are continuing to thrive
despite the economic downturn, according to new Food
from Britain research.
The Eurozone looks to be heading
for recession, but in the first quarter of 2008, UK food
and drink exports to the region were up 13.2% on the
same period in 2007, reaching a record-breaking ?2.8m.
FFB head of research Chris Brockman said this was due to
a favourable exchange rate and UK companies increasing
their focus on the EU as a tried and tested channel in
tough economic times.
However, he added:
?It?s very much a case of stick with what you know and
while that is obviously working for now, it?s not
necessarily the only strategy for long-term success.?
UK meat, beverages and cheese were driving the bulk of
the growth in EU markets, he said.
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