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March 9, 2017

 

2016 US pork exports up 8% in volume, 7% in value

 

 

US pork exports in 2016 reached 5.1 billion pounds valued at $5.94 billion dollars, up 8% and 7% respectively from 2015, US Department of Agriculture (USDA) data showed.

 

The US Pork Checkoff said this was an impressive progress following a challenging 2015, but warned that the industry still faced challenges with increased global competition and a stronger US dollar.

 

On average, US pork and pork variety meat exports accounted for 25.8% of total pork production in 2016. Export value returned an average $50.20 per head back to producers.

 

More than 100 countries imported US pork in 2016, and the top 5 markets in terms of volume were Mexico (1.61 billion pounds), China/Hong Kong (1.21 billion pounds), Japan (854.8 million pounds), Canada (452.2 million pounds) and Central and South America (299.7 million pounds).

 

The top 5 markets in terms of value were Japan ($1.56 billion), Mexico ($1.355 billion), China and Hong Kong ($1.075 billion), Canada ($798.5 million) and Korea ($365.1 million).

 

With more pork available in the US, the National Pork Board recently approved an increase of 12.7% in funding for 2017 export market activities. This would result in tangible marketing activities that increase US pork exports to emerging and developing markets.

 

Becca Nepple, vice president of international marketing for Pork Checkoff, said promotions and marketing activities would focus on displacing other proteins and global competitors and on promoting larger pork cuts.

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