Mainland China is exporting less pork. The decline has been noted over the first eight months of 2008. High production costs, numerous Chinese producers exiting the business and the lingering impact from the May 12 earthquake in Sichuan province are main reasons for the export slowdown.
China has seen pork exports decline by 52.4 percent between January and August from the same period of last year sources with the General Administration of Customs said. Meanwhile, the average price of pork soared 77.4 percent to $3,400 per ton.
Of the total exports, 39,000 tons went to Hong Kong, down 33 percent, 4,868 tons to Kirghizia, down 20 percent, and 2,220 tons to Macao, down 31 percent.
Approximately 72 percent of the total, or 36,000 tons were sold by private businesses, down 53.7 percent, 7,172 tons by foreign-funded companies, down 15.7 percent, and 4,141 tons by state-owned enterprises, down 76.7 percent.