Spanish meat industry prepares to export to Japan
Spain is ready to take advantage of the EU-Japan trade deal that came into force just a month and a half ago, with pork and beef sectors benefiting the most from this treaty. For example, the trade agreement includes a reduction from 39.5% to 9% in the case of beef over the next 15 years.
After participating in the main fair of the Asian market, FOODEX Japan, Raúl Delgado, Export Manager of the Miguel Vergara Group, points out that "importers have welcomed very well that we have gone ahead in anticipation of the opening of the market." The first shipments are expected to be sent in Japan in the next three or four month as bureaucratic procedures are still to be overcome.
For the pork sector, the perspective is even brighter as the tax levied on this product makes it more competitive in the Japanese market. "The drop was spectacular, we are talking about 4.26 euros per kilo last year to one euro this year, and we are more competitive in year one of the agreement," explains Daniel de Miguel, director of Spanish professional association Interporc.
In fact, the competition is so fierce that US Meat Exporters Federation (USMEF) President and CEO, Dan Halstrom, pointed out the need for a trade agreement between the US and Japan, the largest value destination for US pork and one of the world’s most competitive markets.
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