The Spanish pork sector travels to China, after the threat of a trade war from Beijing

Published Sep 4, 2024

Tridge summary

The Interprofessional Agro-Food Organization of Pork (Interporc) in Spain is preparing to join a delegation led by the country's President, Pedro Sánchez, on a visit to China next week. The aim of the mission is to bolster commercial and economic ties between Spain and China, especially in the pork sector. Spain emerges as the leading European exporter of pork and processed pork products to China, with trade volumes reaching 560,488 tons and a value of 1,223 million euros in 2023. The delegation will discuss various aspects of China-Spain business relations, including the green transition, industrial cooperation, and collaboration in third markets. Additionally, the article highlights that key pork products from Spain, such as ham and sausages, have been exempted from potential retaliatory measures by China following the EU's imposition of tariffs on Chinese electric vehicles.

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

Original content

The Interprofessional Agro-Food Organization of Pork (Interporc), which brings together producers, processors and distributors of pork in Spain, is going to be part of the official delegation that the President of the Government, Pedro Sánchez, will lead to China next week. The mission aims, as Interporc indicated this Wednesday, "to strengthen commercial and economic relations between both countries", especially after the Beijing government opened an investigation against European pork products last June, in response to the tariffs that the EU has imposed on electric cars manufactured in that country. Spain is the main exporter of pork and processed pork products to China, with a total of 560,488 tons worth 1,223 million euros in 2023. These figures mean that a fifth of the volume of Spanish pork exports, 20.33% to be exact, traveled to the Asian giant last year. In terms of value, the percentage rose to 13.7% of the total exported. Spain contributes 20.95% of China's total pork ...

Source: Lne