The UK is being hit hard by Brexit. The dairy sector in particular has been hit hard when it comes to exports to Europe. Milk and cream exports decreased by at least 96% in February 2021 compared to the same month last year.
Total food exports to the European Union decreased by 41%. Exports from the United Kingdom to the Netherlands suffered less (-6.7%). In addition to cream and milk, exports of chicken, cheese and beef have fallen sharply. According to the Food and Drink Federation (FDF), Brexit is the cause of this steep drop. This organization represents over 800 companies in the UK food industry.
Exports to destinations outside the European Union increased by 8.7%. Since this market is a lot smaller and has grown at a lower speed, this does not outweigh losses within the European Union. In the first two months of 2021, exports to the European Union have already decreased by 1.1 billion pounds compared to 2020.
Again in talks with the European Union
The FDF directs the government to speak again with EU members about trade agreements. The union believes that both parties will benefit from solutions to stimulate the economy. According to Prime Minister Boris Johnson, the decline in exports is temporary and exports will increase again over time.
This appears to be correct to some extent because exports have actually improved a lot in February compared to January 2021. In January, £ 0.4 billion of food was exported, up 77.4% in February to £ 0.7 billion.
FDF expects that the impact of Brexit will be permanent and that there will be a lot of volatility as the market has become out of balance.
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Here is a response to the article on farmers’ work:
[url=https://www.boerenbusiness.nl/melk/artikel/10891997/brexit-legt-zuivelexport-van-verenigd-koninkrijk-plat]Britain’s exit from the European Union stops dairy exports from the United Kingdom[/url]
Exports are always only half the story. How about importing? If you don’t put that aside, I can’t do anything with these numbers.
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