The Export Competitiveness Of The EU Dairy Industry

The European Union’s dairy industry has become increasingly export oriented and consequently the income of EU dairy farmers depends partly on their dairy processing firms’ ability to successfully market dairy products in extra-EU markets. The export competitiveness of the EU dairy industry was examined on the basis of various indicators in order to identify structural determinants of export market success for a panel of EU country exports. Dynamic GMM panel results highlight the importance of innovation and investment for export competitiveness in world markets. The number of dairy products with protected geographical indication per country had no statistically significant effect