USA: Pork exports fell by 20%

USA: Pork exports fell by 20%
Photo is illustrative in nature. From open sources.

 April pork exports were 212,876 metric tons, down 21% from last year. The EXPORT value was $600.6 million, down 20%. Exports to Mexico's leading market remained strong in April, well ahead of last year's record pace. April exports also increased to Japan, Honduras and Colombia, while exports to the Dominican Republic reached a new record. In January-April, pork exports fell by 20% compared to last year to 842,804 tons worth $2.31 billion (18% decrease).

“The sharp decline in demand for imported pork in CHINA continues to weigh heavily on US export results year-on-year, and the lockdown has further dampened demand, curtailing consumer spending and slowing activity in the wholesale market and the MEAT processing sector. We expect exports to China to regain some momentum in the fourth quarter of this year - certainly not to peak 2020 volumes, but to improve from current levels. Meanwhile, shipments to Mexico remain at record levels, with exports to Japan and several Latin American markets up in April,” said USMEF President and CEO Dan Halstrom.