Pork exports to Japan, Mexico higher in May

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U.S. pork exports in May were 430.6 million pounds, almost 4 percent below a year ago. Through April 2013, U.S. exports averaged almost 15 percent below the first 4 months of 2012, suggesting that the rate of year-over-year export reductions may be slowing. Higher May exports to both Japan and Mexico helped to keep May 2013 total exports close to those of May 2012. Points of weakness persist, however: lower shipments to South Korea, China/Hong Kong, and Russia account for most of the shortfall compared with May 2012. May exports to the 10 largest foreign buyers of U.S. pork are summarized in the table below.

Second-quarter 2013 U.S. pork exports are expected to total 1.23 billion pounds, 5.5 percent below the same period last year. For the year, exports are forecast to total 5.03 billion pounds, almost 7 percent below a year ago. For 2014, exports should recover to 5.3 billion pounds for an increase of almost 5 percent above export volumes this year.

Ten largest export markets for exported U.S. pork, May 2013

 

 

2013

2012

Percent change year-over-year

2013 Share of exports

2012 Share of exports

 

 

Million lbs.

Million lbs.

%

%

%

 

World

430.6

448.2

-3.9

 

 

1

Japan

117.3

109.3

7.3

27.2

24.4

2

Mexico

101.1

92.7

9.1

23.5

20.7

3

China/Hong Kong

60.7

70.4

-13.7

14.1

15.7

4

Canada

49.5

50.1

-1.0

11.5

11.2

5

South Korea

24.0

29.5

-18.5

5.6

6.6

6

Australia

10.7

13.2

-19.0

2.5

2.9

7

Philippines

10.5

6.4

64.1

2.4

1.4

8

Colombia

8.2

2.5

222.5

1.9

0.6

9

Dominican Rep.

6.9

2.7

160.4

1.6

0.6

10

Taiwan

6.1

2.4

154.4

1.4

0.5

Source: http://w w w .ers.usda.gov/dataproducts/livestock-meat-international-trade-data.aspx



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