Opportunities for Spain in exporting pork to India

Published 2020년 11월 24일

Tridge summary

The article highlights the growth in India's imports of fresh and frozen pork from other countries, with the total export value increasing from 2.29 MUSD in 2017-18 to 2.86 MUSD in 2019-20. The main suppliers during this period were Belgium, Spain, Italy, and the USA. From April 1, 2020, to September 30, 2020, Spain became the largest supplier, contributing 32.6% of the total global exports to India. This growth in imports could be attributed to India's latent demand and the potential for high-quality, comparatively advanced supply to surpass the local production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Annual exports of fresh and frozen pork (Taric 0203) from the rest of the world to India had an upward trajectory between 2017 (April 1) and 2020 (March 31). The total value of world exports, in millions of US dollars. (MUSD), were: 2.29 (April 1, 2017 to March 31, 2018); 2.40 (April 1, 2018 to March 31, 2019) and 2.86 (April 1, 2019 to March 31, 2020), according to data published by TradeStat, Ministry of Commerce, Government of India (https://tradestat.commerce.gov .in / eidb /). For the year from April 1, 2019 to March 31, 2020, the export values were, in MUSD: Belgium, 1.44; Spain, 1.00; Italy, 0.32; USA, 0.05; Russia, 0.03; United Kingdom, 0.01; Sri Lanka, 0.01. In the semester from April 1st, 2020 to September 30th, 2020, according to data from the mentioned source, the global exports of Taric 0203 to India totaled 0.46 MUSD; those from Spain reached a value of 0.15 MUSD, 32.6% of the world-wide total of pig meat imported by India in this semester. Belgium's exports amounted ...

Source: Pig 333