According to Bord Bia, Ireland is the second largest exporter of infant formula to China, accounting for a market share of 17%. The Netherlands is the larget importer and accounts for a market share of 34%. In terms of total volume, China imports more than half its baby formula. South Korea experienced a significant lift in market share to 5%, where it benefited from the signing of an FTA with China earlier this year. Infant forumul﻿a imports are expected to increase year on year from 2014, despite the slowdown in China.
According to Bord Bia, Ireland is the second largest exporter of infant formula to China, accounting for a market share of 17%. The Netherlands is the larget importer and accounts for a market share of 34%. In terms of total volume, China imports more than half its baby formula. Infant forumul﻿a imports are expected to increase year on year from 2014, despite the slowdown in China.