Spain: Diversifying Export Destinations Ignite Growth in Spain’s Pork and Beef Sectors
Spain’s production of swine and pork continue to grow, reaching new record levels in 2017. In 2018, Spain will continue to be the second largest EU pork producer with Spanish production likely to reach 4.350 million MT. In 2017, Spain’s record level pork exports, valued at $4.6 billion, turned Spain into the third largest pork exporter in the world. This growing trend is expected to continue in 2018 as Spain diversifies its exports to markets outside the EU, primarily Asia. In late 2018, Spain and China signed a bilateral protocol expanding the range of authorized Spanish products for export to the Chinese market. Spain’s cattle and beef production are also following an upward trend in response to increasing international demand in Middle East and Asia, and major domestic demand for high quality beef.
Spain: Diversifying Export Destinations Ignite Growth in Spain’s Pork and Beef Sectors