Many Canadian agricultural sectors are export-driven. For all of these sectors, Europe is a potential market. Let's take beef for example. The European Union consumes 8 million tonnes of beef per year whereas we only currently export 5,000 to 6,000 tonnes there. You can see how the European market is gigantic in comparison with the current level of trade. The European market also consumes approximately 19 million tonnes of pork annually. Yet we only export a few containers per year. That would be one company in Quebec. Again, it is a market with great potential for all our red meat sectors.
When it comes to grains, Europe has historically been a major market for our wheat, our durum wheat, our flax and other grains. It really is a significant potential market. There is also the entire processing sector we should not lose sight of. It represents great potential for Canada. Given our capacity to produce raw materials, we can also produce processed goods. They could potentially benefit from preferred access to a market of 500 million people.