UK meat exports surpass £500M mark for the first 6 months of 2017

britishmeat

Exports of British meat including beef, lamb and pork have surpassed the £500 million mark for the first six months of 2017. The total value of shipments, including offal exports, totalled a whopping £582M, which is an 18% increase from last year.

Exports to non-EU countries have also risen, with the Asian markets continuing to offer exciting opportunities for beef, lamb and pork. The HMRC have revealed that exports to countries outside the EU are up 45% compared to last year, contributing to a 62% rise in value to £23.5M.

Lamb has been the star performer so far, with total export volumes to both the EU and non-EU, which has created an increase of 18% and is valued at £178m.

Third country pork exports rose by nearly 4 per cent in volume, of which over half of this has been sent to China.

So what does this mean for us?

It’s very encouraging to see an increase in exports to non-EU countries, especially with the challenge of Brexit, however with EU exports still taking two thirds of the meat of which the UK produce, the deals which need to be kept in place with Europe cannot be underestimated.

In the meantime, looking into new export deals and continue working towards trading with third countries to develop a balanced international trade is the step in the right direction for the UK.


Fresh Meat

Source: https://www.farminguk.com/news/Strong-start-to-the-year-for-UK-meat-exports-as-500m-mark-is-surpassed_47270.html