The proportion of exports to the UK relative to total sector
exports is roughly the same for food and animal feed (7. 8%) as
the importance of corresponding exports in German industry as
a whole, while the figure for beverages is an above-average 8. 6%.
Exports to EU countries are of major importance to future
growth in the food sector given its comparatively low level of
internationalisation so far, a stagnating domestic market, and in
some cases unfavourable general conditions for deliveries to high-
growth third countries – due to the absence of bilateral trade
agreements. It would be all the more regrettable if exports to the
UK were now to be extremely negatively affected as a result of
Brexit.
Particularly since exports of food and animal feed to the
UK have grown much more strongly in the last six years than
corresponding exports to the EU as a whole; the proportion of
UK exports relative to total sector exports has thus increased by
one whole percentage point since 2011.
Conversely, exports of
beverages to the UK have grown relatively weakly and their
proportion of global exports has fallen by almost one percentage
point.
EU Forecast
euf:b.a18b:195/nws-01