China launched an investigation on Monday that could result in stricter import conditions for pork from the EU region, potentially affecting Finnish butchers. The investigation is centered on anti-dumping measures against pork imported from the EU, in response to the EU’s punitive tariffs on Chinese electric cars. This could lead to China imposing punitive tariffs on EU pork, including pork exported by Finnish companies such as Atria and HK Foods.
Finland exported over seven million euros worth of pork to China last year, with major exporters including Atria and HK Foods. However, Atria has indicated that China’s importance to the company has decreased over time, with other markets like South Korea playing a bigger role in their exports. The investigation by China into pork imports could have significant ramifications for the EU pork industry, with major exporting countries like Spain, the Netherlands, France, and Denmark potentially being affected.
Atria is currently uncertain about what actions may be taken by China and how it will impact their business. The company is closely monitoring the situation and preparing to react accordingly to any changes in import conditions. Customers in China have expressed concerns about potential disruptions to the supply chain and increased costs if tariffs are raised significantly. At this stage, it is unclear what actions China may take regarding EU pork imports and what impact it will have on Finnish companies like Atria and HK Foods. However, companies are closely following the developments and preparing for any potential changes in import conditions. Customers in China are also preparing for possible disruptions to the supply chain and increased costs if tariffs are imposed on EU pork.
