The EU-China trade war may affect dairy products

This is written by DairyNews with reference to Chinese mass media, reports agroportal.ua. It is said to be a sign of escalating tensions between China and the EU, which have recently been exacerbated by mutual trade investigations. The potential investigation could affect a significant trade channel, as China is the EU's third-largest agri-food export destination, accounting for nearly 7% of the bloc's total agri-food trade. In 2023, EU dairy exports to China amounted to €1.7 billion, down from over €2 billion the previous year. China imports about 16.5 million tons of dairy products per year. Ireland's dairy exports, which have already fallen in 2023, could be particularly affected by the investigation. These exports, valued at approximately €6.3 billion, fell by almost 8% compared to the previous year. In particular, Irish dairy exports to China, including whey and skimmed milk powder (SMP), fell by 5% to ...