
Could Brexit Open Up a New Market for Latin American Agriculture?
Currently 73% of all UK agricultural imports come from the EU. That heavy dependence sparked a report (opens in new window) by the British parliament expressing concern about the UK’s food security in the immediate aftermath of Brexit.
Meanwhile, Latin America’s agricultural powerhouses Brazil and Argentina only accounted for a total of 1.6% of the UK’s agricultural market across eight sectors in 2018. A growing relationship would seem to be an obvious fit post-Brexit – but a number of structural issues stand in the way.
There is certainly scope for increasing Latin American agricultural exports to the UK given current trade patterns.… Seguir leyendo »