Diversification opportunity for JBS, Hilton Foods from U.K.-Australia trade deal — Panjiva
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Diversification opportunity for JBS, Hilton Foods from U.K.-Australia trade deal

Ags - Meat/Dairy 268 Australia 133 China 3053 Consumer Staples 807 Trade Deals 1017 United Kingdom 391

The U.K. and Australia are pursuing a free trade deal with talks currently ongoing. As with most other free trade agreements it is agriculture that is proving controversial, particularly with regards to Australian exports of meat to the U.K. Total Australian meat exports fell by 21.7% year over year in the first four months of 2021 potentially hindered by ongoing disputes with China. U.K. meat imports meanwhile have been in decline in the wake of the pandemic and Brexit with a 26.6% year over year decline in Q1’21. Imports from Australia represented just 0.8% of the total in the...

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