UK chocolate exports to EU drop 36% over two years amid Brexit and Covid-19 pressures

게시됨 2021년 6월 18일

Tridge 요약

The article highlights a significant decrease in the export value of chocolate from the UK to the EU, with a 36.9% drop to £99 million, as part of a broader decline in the wider food and drink sector's trade to the European bloc, which has fallen by £2 billion in the past two years. This downturn is attributed to the impacts of Brexit and covid-19. The coronavirus crisis has also negatively affected UK exports to Germany, Spain, and Italy. Additionally, imports from the EU have decreased by 10%, a trend expected to worsen with the implementation of full border checks in 2022. Furthermore, the article discusses the challenges UK manufacturers face, such as increased bureaucracy, customs delays, and costs when trading with the EU, and calls for government support to address these issues.
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원본 콘텐츠

Export values of chocolate from the UK to the EU have fallen significantly from 2019 to 2021, with figures down 36.9% (to £99 million), as the wider food and drink sector markets trade to the European bloc drops by a total of £2 billion in the past two years amid Brexit and covid-19 impacts, reports Neill Barston. The overall market sales figure drop for the quarter of 47% (against results for Q1 in 2020), meant that British sales to non-EU nations accounted for 55% of all exports, with sales to Ireland down by more than two thirds. Furthermore, figures for Germany, Spain and Italy also declined by more than half since the first months of last year, as the coronavirus crisis compounded already challenging trading conditions for the UK export sector. Imports from the EU also fell by 10%, which analysts have forecast will worsen due to the implementation of full border checks in 2022. As the FDF noted, all of the UK’s top 10 products exported to the EU fell significantly in value ...

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