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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 7 sources · 14 days · First seen · Last updated
European food and drink export declines
Overview
The European and UK food and drink sectors are experiencing significant export declines driven by geopolitical tensions, trade barriers, and economic instability.
In the European spirits sector, export values fell by 6% between 2024 and 2025, totaling 8.26 billion euros. This downturn was influenced by a 9% drop in exports to the United States and a 15% decrease in China due to anti-dumping duties. While emerging markets like India and South Africa showed growth, they have not yet offset losses in traditional markets. In Italy, companies like Diageo Italia have undergone significant restructuring and layoffs in response to these market difficulties.
Similarly, UK food and drink exports fell by 11.7% in the first half of 2026. This decline is attributed to post-Brexit border friction affecting shipments to Ireland and France, Middle East instability impacting exports to the UAE, and a 10% tariff in the US. These factors, alongside rising costs for energy and logistics, have contributed to a record trade deficit of £21.1bn.
Entities
China · Karen Betts · Diageo Italia · United States · Food & Drink Federation
Timeline
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6 days ago
[BUSINESS] 5 sourcesUK food and drink exports fall 11.7% in first half of 2026UK food and drink exports fell 11.7% in H1 2026 due to Brexit-related border friction, Middle East conflict, and US tariffs, driving the industry trade deficit to its highest level since 2000.
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19 days ago
[BUSINESS] 2 sourcesEuropean spirits exports decline amid trade tensions and market shiftsEuropean spirits exports fell 6% to 8.26 billion euros amid geopolitical tensions and trade tariffs. Major markets like the US and China saw declines, while Italy faces distribution shifts and layoffs.
Sources
beverfood.com · easterneye.biz · independent.co.uk · thegrocer.co.uk · toray.co.jp · upday.com · whiskyclub.it