EU: Rapid drop in skimmed milk powder exports

Foreign trade in dairy products in the EU developed very differently in the first quarter of 2020. While butter exports increased sharply, skimmed milk powder dropped significantly. The decrease in cheese exports was less pronounced and the export of whole milk powder slightly increased. This is the result of current data from the European Commission's milk market observatory. The numbers reflect not only the first influences of the coronavirus pandemic, but also the consequences of Brexit. EU butter exports from January to March 2020 increased by 37 percent up to about 66.2 thousand tone. The largest buyer was Great Britain, which due to Brexit is no longer treated as a member country but as a third country. Deliveries to Great Britain amounted to 13.8 thousand. tonnes, by 18% less than in the same period of the previous year. In contrast, the US bought over 8,000 tons of butter, by 17 percent. more than ever before in Europe. The third largest customer was Saudi Arabia with 5.5 ...