Crossword Genius

Butter from Netherlands and Austria essentially eliminated by Brexit, unfortunately (4)

Ross

I believe the answer is:

ibex

I'm a little stuck... Click here to teach me more about this clue!

'netherlands and austria essentially eliminated by brexit unfortunately' is the definition.
I can't judge whether this defines the answer.

'butter from' is the wordplay.
'butter' becomes 'ib' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'from' becomes 'ex' ('from' in Latin).
'ib'+'ex'='IBEX'

Can you help me to learn more?

(Other definitions for ibex that I've seen before include "Mountain-goat" , "one used to high living" , "Pyrenean mountain goat" , "Large-horned wild goat" , "Sure-footed climber" .)

I've seen this clue in The Hindu.
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