Saturday, February 4, 2023

Elimination of trade barrier with South Korea could mean £1m of business for UK pork exporters

UK companies can export products such as bacon, ham and pork sausages to South Korea after the resolution of a trade barrier blocking UK exports of processed pork products.

South Korea’s Ministry of Food and Drug Safety had previously banned UK exports of the products, but this ban was lifted ahead of Christmas after action from the government.

It is estimated that the Korean market could be worth up to £1 million to UK exporters in the first five years.

Korea is a meat-loving nation and pork products are consumed in a number of traditional dishes, from Samgyeopsal (‘Korean BBQ’) to Budae Jjigae (‘Army Stew’). In 2021, around 27.6 kilograms of pork were consumed per person in South Korea, with consumption increasing over the years.

The UK exported £339 million of pork globally in 2021, with over two-thirds going to non-EU destinations, demonstrating the value of unlocking markets around the world.

Trade Secretary Kemi Badenoch said: “This is good news for British farmers who haven’t been able to sell their pork to South Korea because of a trade barrier.”

Food Minister Mark Spencer said: “British pork is renowned across the world for both its quality and its great taste. The hard work of British teams to open up this market means British bacon and sausages can be the heart and Seoul of South Korean celebrations and dinners throughout the year.”

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