Pork Exports Remain Below Year-Ago

June 14, 2022

Pork Exports Remain Below Year-Ago

Year-to-Date through April

April pork exports were down from the large volume reported a year ago due to a sharp decline in China’s demand for imported pork.

“The COVID lockdowns (in China) dampened demand even further by limiting consumer spending and slowing activity in the wholesale market and the meat processing sector,” said U.S. Meat Export Federation President and CEO Dan Halstrom. “We do expect exports to China to regain some momentum in the fourth quarter of this year – certainly not back to the peak volumes of 2020 but improving over current levels.”

Shipments to Mexico remain on a record pace and exports to Japan and several Latin American markets trended higher in April. Pork exports to the Dominican Republic were already gaining strength before African swine fever (ASF) was confirmed in July 2021, and ASF’s impact on domestic production has accelerated this trend.

YTD Value and Volume in Key Markets

Read More on U.S. Pork Exports

USDA Programs Yield High ROIs

The U.S. Agricultural Export Development Council recently released an economic impact study stating that USDA Export Market Development programs are highly effective at generating an extremely high return on investment and account for a high percentage of the level of U.S. agricultural exports, including pork.

NPB invests Pork Checkoff dollars in USMEF, which in turn leverages these funds combined with USDA program matches to promote U.S. pork to new, existing and developing international markets.

Impact from USDA Programs