What would a UK-Canada trade deal mean for pork producers?

Published 2021년 8월 27일

Tridge summary

The UK and Canada have renegotiated their trade agreement, with a focus on upgrading existing deals to better suit both countries. Canada is a significant player in the global pork industry, with over 7,000 pork farms producing approximately 2.1 million tonnes of pork per year, half of which is exported primarily to the United States and Japan. Despite the free trade agreement between Canada and the EU, including the UK, pork exports to these regions are negligible. Canada also imports a substantial amount of pork, mostly from the United States, with a smaller portion from the EU.

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

Original content

The UK already has a trade agreement with Canada, as a roll-over of the previous agreement the EU has with Canada (Known as CETA). However, as part of that agreement both sides agreed to revisit the text and negotiate "upgraded" deals that better suit the two individual countries. With that in mind, in this article we take a look at some figures behind Canada’s domestic production and trading partners. The pork industry in Canada is one of the largest of the agricultural commodity sectors operating in the country. With over 7,000 pigs farms currently operating, producing around 2.1 million tonnes of pork each year. Domestic consumption is reasonable, however over 50% of production is exported each year to a variety of markets. The top destination for Canadian exports is the United States, however this is followed closely behind by Japan, who import around 235,000 tonnes of Canadian pork each year. The vast majority of exports consist of fresh/frozen pork, as opposed to hams, bacon ...

Source: Thepigsite