On June 17, 2024, China officially launched an antidumping probe into EU pork imports intended for human consumption, including products such as fresh, chilled, and frozen cuts and offal, according to a recent market report from Rabobank.
The potential outcomes vary widely, and although an immediate impact is unlikely, it will be hard to return to the baseline now that the situation between the EU and China has escalated to this point.
Even if China and the EU resolve the trade dispute without any measures, this event is a wake-up call for exporters around the increasing impact of geopolitical tensions on food and agribusiness. As such, searching for and developing alternative markets might be beneficial for exporters.
