November 3, 2011
Pork exporting countries set sights on China
With China's increasingly tightened pork situation creating an export opportunity for the world, countries like Mexico and Finland have sent delegations to China recently to promote trade in pork.
On November 2, the delegation led by the vice minister of Mexican Ministry of Agriculture held a talk and signed cooperation agreements with the China Meat Association (CMA) and China Chamber of Commerce of Foodstuffs and Native Produce (CFNA) in Beijing.
A total of 870,000 tonnes of pork and pork by-products were imported to China from January to September, up 44.6% on-year. The September period alone saw 142,000-tonne imports of the same kind, hitting a single-month high.
The three largest pork exporters to China are the US, Denmark and Canada. The growth in import volume and import value from the US has surged by over 700%.
Analysts said the import volume of pork is too little to cover the gap between the supply and demand in China.
A substantial growth in pork imports in China was seen during 2007 to 2008 when pork prices surged. In terms of export volume, China was once the second largest pork exporter in 2008 second only to the US.
