Fall in trade between EU countries
According to the latest trade data the volume of pork traded between the 28 EU Member States declined in the first half of 2016.
Both import and export data from the member states suggest that overall trade between EU countries was down by 5%, compared to the same period in 2015. Around 2.6 million tonnes was traded between EU countries in the first six months of the year. This equated to almost a quarter of total EU pig meat production during the period. The decline in trade came despite an increase in the amount of pig meat produced in the EU in the first half of the year. It is likely that higher volumes being shipped to China and other emerging markets left less to be traded internally.
The share of exports coming from the seven largest EU exporters fell marginally. Germany continued to be the leading exporter of pork to other EU Member States, while remaining the second largest destination for pork from other countries within the block. However both exports from and imports to Germany declined by 9%. Most other major exporters recorded similar, or even larger, declines. The main exception was Spain, which shipped 6% more pork to other EU countries than a year earlier. Ireland also increased its exports slightly.
The UK’s trade with the rest of the EU rose in the first six months of the year, with imports to and exports from the UK up by 8% and 11%, respectively. This meant that the UK remained the eighth largest exporter to other EU countries, while it rose to become the fourth largest importer from the rest of the EU. Poland was the other major importer to increase its purchases, while France recorded a particularly sharp fall of over 20%.
Mark Kozloswki, Senior Analyst
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