UK food and drink exports continue to increase as the country’s reputation for producing high-quality products grows worldwide, and manufacturers recover from the challenges of the pandemic. Today, producers in the country are taking advantage of new trading relationships worldwide.
According to research by the Food and Drink Federation, exports from England and Scotland alone totalled £15.9 billion last year, with Wales and Northern Ireland adding close to £2 billion in additional sales. That’s an increase of as much as 15% from the previous year, despite the challenges posed by Brexit and COVID-19.
What’s more, countries with newly-inked trade agreements are seeing dramatic growth, with the end of the US-UK trade dispute resulting in a 10% bump in exports to the United States.
So what makes now an excellent time to import products being exported from the UK? Here are three key reasons.
1. The UK’s Food and Drink Industry is Booming
As mentioned, the UK’s food and drink exports have been on the rise in recent years, with the country’s manufacturers continuing to produce high-quality products that are in demand around the world.
Globally, British food and drink products have never before enjoyed so much recognition and good standing, meaning you can easily capitalise on the UK’s reputation for producing quality items when introducing them to your domestic market.
2. There are New Trade Opportunities Available
With the UK now out of the European Union, manufacturers are looking to diversify their export markets and establish new relationships with countries worldwide. This presents an opportunity for you to forge a relationship with a leading UK food and drink exporter who can act as a source and supplier of those quality British brands looking to enter new markets.
What’s more, with the UK striking comprehensive free-trade deals with countries such as Australia and New Zealand and bi-lateral trade agreements with key export markets including the United States, Mexico, and Canada, there has never been a better time to start importing food and drink products from the UK.
3. You Can Take Advantage of the Weak British Pound
With the recent turmoil, both nationally and internationally, currencies such as the US dollar buy more pounds than they did a few years ago. The current market conditions make importing from the UK an attractive proposition as you can take advantage of the current exchange rate to get more products for your money.
Pound sterling is not predicted to recover until the inflationary effects of Brexit, COVID, and the Ukraine-Russia conflict work their way through the economy, so now is an excellent time to stock up on British exports.
4. Importing Food and Drink Products from the UK is Easy
One of the key reasons you might want to consider importing goods being exported from the UK is that it’s one of the most accessible and least stressful locations to source products from, especially when working with an experienced UK exporter.
Firms such as Leverbrook Export not only have close relationships with freight forwarders, port authorities, and logistics companies, but they also have the expertise when it comes to documentation, customs legalities, and labelling requirements, making the process of importing from the UK as simple and straightforward as possible.
Contact Leverbrook Export Today Regarding Your UK Export Enquiry
So there you have it, four key reasons why you should import products being exported from the UK. With a booming food and drink industry, new trade opportunities emerging all the time, and the weak pound making imports more affordable, now is the perfect time to start sourcing products from the UK.
Leverbrook Export is a food and drink export company based in the UK, with a wealth of experience in exporting to markets all over the world. From the Middle East to the Americas, we have the experience, expertise, and relationships to make your first foray into importing products from the UK a success.
To find out more about our services or to discuss your specific export requirements, please get in touch with our team today. We look forward to hearing from you soon.