The Spanish dairy sector is looking to China for sales, where it has a turnover of 91 million a year, with Galicia as the main exporter

Published 2024년 8월 23일

Tridge summary

The Spanish dairy sector, especially Galicia, is facing a potential impact from an anti-subsidy investigation by China into certain dairy products from the EU. This investigation, a response to EU tariffs on Chinese electric vehicles, will review subsidy programs in countries including Ireland, Austria, Belgium, and more. Spain's national dairy industry association, Fenil, insists that the aid received by EU milk producers is compatible with World Trade Organization standards and expresses hope for support from the European Commission. In the meantime, Fenil is advocating for trade disputes to be confined to the electric vehicle sector to prevent undue impact on other sectors like dairy. Despite a decrease in overall sales in 2023, some Spanish dairy categories, such as cheeses, are showing positive growth.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Spanish dairy sector is very aware of its sales to China, a market in which it invoices 91 million euros a year, after the Asian giant has confirmed an anti-subsidy investigation against certain imports of dairy products from the European Union (EU). The measure will affect the sale of milk and, especially, cream (almost 54 million) from Spain and will have a direct impact on Galicia, which is the main exporter to the Asian country. According to analysts, this is an already anticipated response to the tariffs imposed by Brussels on Chinese electric vehicles. The Chinese government has announced that it will review dairy products such as fresh cheese, curd or cream, and the effects of the subsidy programs for the dairy industry in Ireland, Austria, Belgium, Italy, Croatia, Finland, Romania and the Czech Republic. Spain is not named directly, but the national dairy industry association (Fenil) has informed Efeagro that they are attentive to the repercussions that may occur and, ...

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