UNITED KINGDOM, London. British farmers and food producers are set to benefit from a valuable new market as Taiwan prepares to welcome British pork exports for the first time. UK pork exports were worth £290 mill. to the economy last year, reaching over 80 export markets. This new agreement is expected to be worth more than £50 mill. over the next five years.
The eagerly awaited deal has been secured by the UK government, working with the Agriculture and Horticulture Development Board (AHDB) and UK Export Certification Partnership (UKECP). Exporters can take advantage of the market as soon as the administrative listing process is completed and export certification is made available.
The deal also means UK exporters can further tap in to the overseas demand for parts of the pig carcass that are not commonly purchased in the UK. This means UK farmers and pork processors will be able to generate income for the whole carcass.
It follows a number of recent successes for UK food and drink exports, which reached a record level of £22 bn. in 2017. Last month, China lifted its two-decade long ban on UK beef exports following the BSE outbreak. The agreement will allow official market access negotiations to begin, estimated to be worth over £250 mill. in the first five years alone.
Food Minister George Eustice commented: “Access to this new market in Taiwan is great news for our farmers and producers and gives a welcome boost to the pork production industry - already worth £1.3 bn. to the UK economy.”