
The biggest exporting country of pork was Spain in 2020, with an export value of 36.5B. Spain was followed by the United States, Germany, Canada, and Denmark.
Export Trends in 2019/2020
In July 2020, US pork exports decreased by 5% (222K MT) in volume and decreased by a 12% decrease in value (USD 548.3 million) compared to the same period in 2019. Export prices, however, were still higher than recent lows in June. From January to July 2020, US pork exports amounted to 1.78M MT, which was a 20% increase in terms of volume and a 22% increase in export value, at USD 4.6B from last year.
Export prices of pork in July were at USD 48.85, a decrease of 17% compared to the same period last year. However, the average export price from January to July saw a 20% increase from the same period in 2019 at USD 61.40 compared to the same period in 2019. Weekly export sales also reveal that demand from China will remain steady throughout the year. In fact, the recent ban on German pork imports by China and several other Asian countries such as South Korea, Japan, and the Philippines is expected to work in favor of the US.