China has established a provisional 20 percent rate for Spanish pork companies
For now, there is a preliminary, but not final, report applying a 20% guarantee rate to Spanish companies—which drops to 15.6% in the specific case of Litera Meat—which is the lowest rate in the entire European Union.
This is due to the transparency, agility, and professionalism with which Spanish companies made themselves available to the Chinese authorities at the start of the investigation, the excellent coordination between INTERPORC and industry associations with the companies, and the excellent relationships of trust with which they work with operators in that country.
This rate, which rises to 62.4% for some companies in other European countries, will provisionally come into effect on September 10, from which date importers must submit this guarantee deposit to the People's Republic of China Customs.
Therefore, both INTERPORC and the sector's associations will analyze the potential impact on Spanish companies and will maintain ongoing dialogue until this process is completed, both with the Spanish government and with the Asian authorities, with whom the Interprofessional maintains strong, mutually trusting relationships.
China is the main destination market for Spanish pork meat and by-products. In 2024, exports to this country reached 540,000 tons, with a value exceeding €1.097 billion, representing almost 20% of the total export volume and 12.5% of the sector's foreign sales value.
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