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Global demand for UK beverages helps spur rise in UK export figures

UK beverages

Latest figures released by the ONS show UK exports reached £639.9bn in the year to February 2019, an increase of 3.1% since the previous year.

Exports of goods performed particularly well, increasing by 3.5% to £353.2bn, spurred on by a global demand for UK beverages.

The unprecedented demand for British soft drinks, wine and spirits have seen exports more than double in the past 15 years and reached a high of £8.3bn in the year to February 2019, increasing by 7% on the previous year.

October and November saw a spike in beverage exports - approximately 23% above the 12-monthly average for drinks exports, as people across the world stocked up on Scotch whisky and gin ahead of the festive period.

Non-EU countries were the top destination for British beverages, accounting for 63.4% of all exports. The US remains the top destination for UK drinks, growing by 3.9% to £1.8bn whilst there has been a significant increase in demand from India and Japan, with exports growing by 49.2% to £179m and 23.7% to £188m respectively.

 

Source: Department for International Trade